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oil and gas

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Image for Eni, Petronas merge Indonesia, Malaysia assets in joint venture
Finance

Eni, Petronas merge Indonesia, Malaysia assets in joint venture

DUBAI (Reuters) -Italy's Eni and Malaysia's state energy firm Petronas said on Monday they had signe...

3rd November, 2025

Image for BP to sell stakes in US onshore pipeline assets for $1.5 billion
Finance

BP to sell stakes in US onshore pipeline assets for $1.5 billion

(Reuters) -BP said on Monday it would sell stakes in the Permian and Eagle Ford midstream assets of...

3rd November, 2025

Image for Oil prices steady despite OPEC+ plans to pause output increases
Finance

Oil prices steady despite OPEC+ plans to pause output increases

By Florence Tan SINGAPORE (Reuters) -Oil prices climbed in early Asian trade on Monday after OPEC+ d...

3rd November, 2025

Image for OPEC+ agrees to small December oil output hike, and Q1 pause
Headlines

OPEC+ agrees to small December oil output hike, and Q1 pause

LONDON (Reuters) -Eight OPEC+ countries on Sunday agreed to raise oil output in December by 137,000...

2nd November, 2025

Image for Turkey buys more non-Russian oil after latest Western sanctions, sources say
Headlines

Turkey buys more non-Russian oil after latest Western sanctions, sources say

By Robert Harvey, Ahmad Ghaddar and Enes Tunagur LONDON/MOSCOW (Reuters) -Turkey's largest oil refin...

2nd November, 2025

Image for OPEC+ pauses oil output hikes beyond December amid glut fears
Headlines

OPEC+ pauses oil output hikes beyond December amid glut fears

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -OPEC+ is set to agree on...

2nd November, 2025

Image for Ukrainian drone strike hits key Russian oil port, at least one vessel hit
Headlines

Ukrainian drone strike hits key Russian oil port, at least one vessel hit

(Reuters) -The Black Sea port facilities of Tuapse, home to a major Russian oil terminal, were damag...

2nd November, 2025

Image for Bulgaria restricts fuel exports to EU following Lukoil sanctions
Headlines

Bulgaria restricts fuel exports to EU following Lukoil sanctions

(Reuters) -Bulgaria's parliament temporarily banned on Friday exports of some fuels, mainly diesel a...

31st October, 2025

Image for OPEC+ likely to agree small oil output increase for December, sources say
Headlines

OPEC+ likely to agree small oil output increase for December, sources say

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -OPEC+ will likely agree...

31st October, 2025

Image for Angola to sign exclusive oil exploration agreement with Shell, government says
Finance

Angola to sign exclusive oil exploration agreement with Shell, government says

CAPE TOWN (Reuters) -Angola's national oil and gas agency, ANPG, will sign an exclusive negotiation...

31st October, 2025

Image for Hungary's Orban says he will seek exemption from US oil sanctions
Headlines

Hungary's Orban says he will seek exemption from US oil sanctions

BUDAPEST (Reuters) -Hungary's Prime Minister Viktor Orban said on Friday that he will need to convin...

31st October, 2025

Image for Mozambique may dispute TotalEnergies proposals on LNG project
Headlines

Mozambique may dispute TotalEnergies proposals on LNG project

(Reuters) -Mozambique's government may have counter-arguments to the updated budget and schedule pro...

31st October, 2025