oil-and-gas
Hungary's Waiver From US Sanctions on Russia Energy Is Indefinite, Minister Says
US Urges Europe to Stick to Oil and Gas, Not Renewables
HeadlinesTwo Tankers With Russian Oil Drop Anchor at Sea in Sign Sanctions Hit Sales
Lukoil Operations Face Fallout From Trump Sanctions, Gunvor Drops Bid
Crude Recovers Late in Session on Hopes Over US-Hungary Meeting
Date: November 7, 2025
By Mohi Narayan and Florence Tan NEW DELHI (Reuters) -Oil prices rose on Friday following three days of declines on worries about excess supply and slowing demand in the U.S., though prices are set...
US Grants Hungary Exemption on Russia Sanctions After Warm Trump-Orban Meeting
Date: November 7, 2025
By Steve Holland and Anita Komuves WASHINGTON (Reuters) -U.S. President Donald Trump sits down for talks with Hungarian Prime Minister Viktor Orban on Friday, and the two leaders are expected to...
Gunvor Drops Bid to Buy Lukoil Assets After US Calls It 'Kremlin's Puppet'
Date: November 6, 2025
WASHINGTON (Reuters) -Swiss commodity trader Gunvor said on Thursday it has withdrawn a proposal to buy foreign assets of Russian energy company Lukoil after the U.S. Treasury signaled it opposed the...
Russian Oil Discounts Widen as Indian and Chinese Refiners Cut Purchases, Sources Say
Date: November 6, 2025
NEW DELHI/MOSCOW (Reuters) -Russian oil is trading at its steepest discounts to Brent in a year in Asia, as major Indian and Chinese refiners reduce purchases following fresh U.S. sanctions on leading...
Russia's Volgograd Oil Refinery Halts Operations After Ukrainian Drone Attack, Sources Say
Date: November 6, 2025
LONDON (Reuters) -Russian oil major Lukoil's Volgograd refinery has halted operations after it was struck by Ukrainian drones, three sources familiar with the matter said on Thursday. Ukraine has for...
Harbour Energy Cuts 250 UK Jobs Amid Operations Overhaul
Date: November 6, 2025
(Reuters) -North Sea-focused Harbour Energy said on Thursday a review of its UK operations has led to about 250 job cuts, as Britain's windfall tax continues to weigh on the oil and gas producer's...