oil-and-gas

Image for TotalEnergies forecasts rising oil demand until 2040 as energy transition slowsHeadlines

TotalEnergies Forecasts Rising Oil Demand Until 2040 as Energy Transition Slows

Image for Lukoil's overseas network buckles as Western sanctions biteHeadlines

Lukoil's Overseas Network Buckles as Western Sanctions Bite

Image for Gunvor CEO Tornqvist: Lukoil assets won't be sold back, Bloomberg News reportsHeadlines

Gunvor CEO Tornqvist: Lukoil Assets Won't Be Sold Back, Bloomberg News Reports

Image for BP profit beats expectations, but no news on Castrol saleFinance

Bp Profit Beats Expectations, but No News on Castrol Sale

Image for Kazmunaygaz, sanctioned Russia's Lukoil continue work on joint projects, Interfax reports

Kazmunaygaz, Sanctioned Russia's Lukoil Continue Work on Joint Projects, Interfax Reports

Date: November 4, 2025

(Reuters) -Kazakhstan's Kazmunaygaz and the sanctioned Russian Lukoil continue work on joint projects in accordance with contractual obligations, Russia's Interfax agency reported on Tuesday. The two...

Image for Oil settles lower on stronger dollar, fears of oversupply

Oil Settles Lower on Stronger Dollar, Fears of Oversupply

Date: November 4, 2025

(Reuters) -Oil prices were little changed early on Tuesday as markets weighed OPEC+'s decision to pause output hikes in the first quarter even as concerns over a looming supply glut persisted. Brent...

Image for Russian push for OPEC+ action pause met no Saudi resistance, sources say

Russian Push for Opec+ Action Pause Met No Saudi Resistance, Sources Say

Date: November 3, 2025

By Dmitry Zhdannikov, Alex Lawler and Ahmad Ghaddar LONDON (Reuters) -The decision by OPEC and its allies on Sunday to keep oil output targets steady in the first quarter of next year came after...

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

Eni, Petronas Merge Indonesia, Malaysia Assets in Joint Venture

Date: November 3, 2025

DUBAI (Reuters) -Italy's Eni and Malaysia's state energy firm Petronas said on Monday they had signed a binding agreement to form a jointly owned company combining their upstream oil and gas assets in...

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

Bp to Sell Stakes in US Onshore Pipeline Assets for $1.5 Billion

Date: November 3, 2025

(Reuters) -BP said on Monday it would sell stakes in the Permian and Eagle Ford midstream assets of its U.S. onshore oil and gas business for $1.5 billion to funds managed by investment firm Sixth...

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

Oil Prices Steady Despite Opec+ Plans to Pause Output Increases

Date: November 3, 2025

By Florence Tan SINGAPORE (Reuters) -Oil prices climbed in early Asian trade on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, easing rising fears of a...