GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →

oil and gas

Latest articles

Image for Europe’s banks fund oil and gas expansion despite IEA warning -report
Banking

Europe’s banks fund oil and gas expansion despite IEA warning -report

LONDON (Reuters) -European banks are providing billions of dollars of funding to expand oil and gas...

15th February, 2022

Image for BP sticks with Russian business, CEO Looney says
Business

BP sticks with Russian business, CEO Looney says

CAIRO (Reuters) – BP is sticking with its Russian oil and gas business, which has so far been unaffe...

15th February, 2022

Image for Exclusive-Iraq’s $27 billion TotalEnergies deal stuck over contract wrangling
Business

Exclusive-Iraq’s $27 billion TotalEnergies deal stuck over contract wrangling

By Aref Mohammed, Rowena Edwards and Dmitry Zhdannikov BASRA/LONDON (Reuters) – A $27 billion deal b...

15th February, 2022

Image for Oil prices stable at $90/bbl, Iran supply prospects add pressure
Investing

Oil prices stable at $90/bbl, Iran supply prospects add pressure

By Rowena Edwards LONDON (Reuters) -Oil prices were stable around $90 a barrel on Wednesday, as the...

9th February, 2022

Image for Exclusive-Spanish oil major Repsol looking to sell parts of its Canadian assets -sources
Business

Exclusive-Spanish oil major Repsol looking to sell parts of its Canadian assets -sources

By Shariq Khan and Rod Nickel (Reuters) – Spanish oil major Repsol SA is considering putting some of...

8th February, 2022

Image for Oil dips as U.S. storm-hit supply makes slow return
Trading

Oil dips as U.S. storm-hit supply makes slow return

By Sonali Paul and Roslan Khasawneh SINGAPORE (Reuters) -Oil prices fell on Friday as more supply ca...

17th September, 2021

Image for Investor group sets tough climate blueprint for Big Oil
Investing

Investor group sets tough climate blueprint for Big Oil

By Ron Bousso and Simon Jessop LONDON (Reuters) – Investors managing more than $10 trillion on...

16th September, 2021

Image for Oil prices climb after drawdown in stocks, positive demand outlook
Trading

Oil prices climb after drawdown in stocks, positive demand outlook

By Jessica Jaganathan SINGAPORE (Reuters) – Oil prices climbed on Wednesday after industry dat...

15th September, 2021

Image for Chevron triples low-carbon investment, but avoids 2050 net-zero goals
Investing

Chevron triples low-carbon investment, but avoids 2050 net-zero goals

By Sabrina Valle and Arunima Kumar (Reuters) -Chevron Corp on Tuesday pledged to triple to $10 billi...

15th September, 2021

Image for Oil extends gains on worries of U.S. supply disruptions from another storm
Trading

Oil extends gains on worries of U.S. supply disruptions from another storm

By Yuka Obayashi TOKYO (Reuters) – Oil prices extended gains on Tuesday, hovering near a six-w...

14th September, 2021

Image for Cairn to return $700 million to shareholders when India tax row resolved
Trading

Cairn to return $700 million to shareholders when India tax row resolved

By Pushkala Aripaka (Reuters) – Britain’s Cairn Energy pledged to return up to $700 mill...

14th September, 2021

Image for Over two-thirds of offshore oil output remains shut in U.S. Gulf -regulator
Trading

Over two-thirds of offshore oil output remains shut in U.S. Gulf -regulator

By Sabrina Valle and Marianna Parraga HOUSTON (Reuters) -U.S. offshore oil companies restored almost...

13th September, 2021