oil-and-gas

Image for UK's Harbour Energy expects to cut 100 offshore jobs as part of organisational reviewFinance

UK's Harbour Energy Expects to Cut 100 Offshore Jobs as Part of Organisational Review

Image for How an oil pipeline battle shows the US gaining sway in IraqFinance

How an Oil Pipeline Battle Shows the US Gaining Sway in Iraq

Image for PetroSA approves Shell as majority partner in block offshore South Africa, document showsHeadlines

PetroSA Approves Shell as Majority Partner in Block Offshore South Africa, Document Shows

Image for Uzbek state oil and gas company signs deal with Cargill to attract $3 billion in investmentsFinance

Uzbek State Oil and Gas Company Signs Deal With Cargill to Attract $3 Billion in Investments

Image for India's ONGC moves closer to keeping 20% stake in Russia's Sakhalin-1 project, sources say

India's Ongc Moves Closer to Keeping 20% Stake in Russia's Sakhalin-1 Project, Sources Say

Date: December 8, 2025

By Nidhi Verma NEW DELHI, Dec 5 (Reuters) - India's Oil and Natural Gas Corp will pay into Russia's Sakhalin-1 oil and gas field abandonment fund in roubles, using Indian companies' frozen dividends...

Image for Exclusive-EU, G7 weigh ban on maritime services for Russian oil exports, end to price cap

Exclusive-EU, G7 Weigh Ban on Maritime Services for Russian Oil Exports, End to Price Cap

Date: December 8, 2025

By Julia Payne, Jonathan Saul and Maria Cheng BRUSSELS/LONDON/OTTAWA, Dec 5 (Reuters) - The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil exports...

Image for UK's Harbour Energy to sell Indonesian assets to Prime Group for $215 million

UK's Harbour Energy to Sell Indonesian Assets to Prime Group for $215 Million

Date: December 8, 2025

Dec 8 (Reuters) - Harbour Energy on Monday agreed to sell its operated interests in the Natuna Sea Block A field and the Tuna development project in Indonesia to oil and gas firm Prime Group for $215...

Image for Oil falls 2% as Iraqi oilfield production restored, Ukraine talks continue

Oil Falls 2% as Iraqi Oilfield Production Restored, Ukraine Talks Continue

Date: December 8, 2025

By Anna Hirtenstein LONDON, Dec 8 (Reuters) - Oil prices hovered at two-week highs on Monday as investors expect a likely U.S. Federal Reserve interest rate cut this week to lift economic growth and...

Image for In latest UK oil and gas tie-up, Total merges North Sea assets with Repsol's NEO NEXT

In Latest UK Oil and Gas Tie-Up, Total Merges North Sea Assets With Repsol's Neo Next

Date: December 8, 2025

PARIS, Dec 8 (Reuters) - TotalEnergies said on Monday it will merge its oil and gas assets in the British North Sea with a partnership between Spain's Repsol and HitecVision. The deal continues a...

Image for Oil climbs to 2-week high on Fed rate-cut signals, supply concerns

Oil Climbs to 2-week High on Fed Rate-Cut Signals, Supply Concerns

Date: December 5, 2025

(Refiles to insert dateline) By Colleen Howe BEIJING, Dec 5 (Reuters) - WTI oil prices were heading for weekly gains of close to 2% in early trading on Friday, supported by an expected Federal Reserve...