oil and gas

Image for UK's EnQuest sticks to production guidance despite first-half loss
Finance

UK's EnQuest sticks to production guidance despite first-half loss

(Reuters) -North Sea-focused oil producer EnQuest maintained its full year production forecast on We...

24th September, 2025

Image for Oil prices surge 3% to 7-week high as surprise US stockpile draw adds to supply worries
Finance

Oil prices surge 3% to 7-week high as surprise US stockpile draw adds to supply worries

By Laila Kearney (Reuters) -Oil prices rose for a second day on Wednesday as an industry report show...

24th September, 2025

Image for Oil firms ask Brazil antitrust watchdog to intervene in Subsea7–Saipem merger
Finance

Oil firms ask Brazil antitrust watchdog to intervene in Subsea7–Saipem merger

RIO DE JANEIRO (Reuters) -Exxon Mobil, Brazilian state-run Petrobras and oil services provider Techn...

23rd September, 2025

Image for Exclusive-Exxon signs initial agreement with Rosneft to chart possible path to recoup Russian losses, sources say
Finance

Exclusive-Exxon signs initial agreement with Rosneft to chart possible path to recoup Russian losses, sources say

By Anna Hirtenstein, Marwa Rashad and Sheila Dang (Reuters) -U.S. oil major Exxon Mobil and Russian...

23rd September, 2025

Image for Azerbaijan's SOCAR signs deal to buy refiner Italiana Petroli
Headlines

Azerbaijan's SOCAR signs deal to buy refiner Italiana Petroli

By Nailia Bagirova and Francesca Landini BAKU (Reuters) -Azerbaijan's state oil company SOCAR agreed...

23rd September, 2025

Image for Ukraine says it hit Russian oil infrastructure in Bryansk, Samara regions
Headlines

Ukraine says it hit Russian oil infrastructure in Bryansk, Samara regions

KYIV (Reuters) -Ukraine's military struck two Russian oil distribution facilities in the Bryansk and...

23rd September, 2025

Image for Russia says further restrictions on fuel exports are possible if needed, Ifax reports
Headlines

Russia says further restrictions on fuel exports are possible if needed, Ifax reports

MOSCOW (Reuters) -Russian Deputy Energy Minister Pavel Sorokin said on Tuesday that further restrict...

23rd September, 2025

Image for Russian fuel crisis widens after Ukrainian attacks, sources say
Headlines

Russian fuel crisis widens after Ukrainian attacks, sources say

MOSCOW (Reuters) -Russia is seeing shortages of certain fuel grades as Ukrainian drone attacks reduc...

23rd September, 2025

Image for Oil settles up $1/bbl as restart of Kurdish oil exports stalls
Headlines

Oil settles up $1/bbl as restart of Kurdish oil exports stalls

By Anjana Anil (Reuters) -Oil prices were little changed on Tuesday as traders contemplated the impa...

23rd September, 2025

Image for BP abandons plans to build Rotterdam biofuels plant
Finance

BP abandons plans to build Rotterdam biofuels plant

LONDON (Reuters) -BP has stopped work on its Rotterdam biofuels plant, a company spokesperson said o...

22nd September, 2025

Image for Fugro scraps 2025 earnings forecast, shares fall
Finance

Fugro scraps 2025 earnings forecast, shares fall

(Reuters) -Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announce...

22nd September, 2025

Image for Oil dips as Iraq exports rise amid demand concerns
Finance

Oil dips as Iraq exports rise amid demand concerns

By Florence Tan SINGAPORE (Reuters) -Oil prices inched up on Monday supported by geopolitical tensio...

22nd September, 2025