oil-and-gas

Image for Oil prices settle down more than 2% after weak US jobs reportFinance

Oil Prices Settle Down More Than 2% After Weak US Jobs Report

Image for Tullow Oil names industry veteran Ian Perks as new chiefHeadlines

Tullow Oil Names Industry Veteran Ian Perks as New Chief

Image for Putin says planned gas pipeline to China will be mutually beneficial, use market price formulaHeadlines

Putin Says Planned Gas Pipeline to China Will Be Mutually Beneficial, Use Market Price Formula

Image for Ukraine says it attacks Russian refinery at Ryazan, oil depot at LuhanskHeadlines

Ukraine Says It Attacks Russian Refinery at Ryazan, Oil Depot at Luhansk

Image for Austrian oil company OMV plans to cut a evening twelfth of staff worldwide, Kurier reports

Austrian Oil Company Omv Plans to Cut a Evening Twelfth of Staff Worldwide, Kurier Reports

Date: September 5, 2025

Vienna (Reuters) -Austrian oil, gas and chemicals group OMV plans to cut 2,000 of its 23,000 worldwide staff, the Kurier newspaper reported on Thursday evening. Citing staff unions, the paper said the...

Image for Oil prices ease as investors await OPEC+ output decision

Oil Prices Ease as Investors Await Opec+ Output Decision

Date: September 5, 2025

(Reuters) -Oil prices drifted down in early trading on Friday for the third straight day as investors awaited an OPEC+ meeting this weekend that will consider further output hikes. Brent crude futures...

Image for TotalEnergies in discussions to extend Namibia license, CEO says

TotalEnergies in Discussions to Extend Namibia License, CEO Says

Date: September 4, 2025

HOUSTON (Reuters) -French oil major TotalEnergies is in discussions with Namibian authorities to extend an exploration license, CEO Patrick Pouyanne said on Thursday, while speaking at a Barclays...

Image for Italy seeks supply guarantees in potential IP refiner sale to Azerbaijan's SOCAR, sources say

Italy Seeks Supply Guarantees in Potential Ip Refiner Sale to Azerbaijan's Socar, Sources Say

Date: September 4, 2025

By Giuseppe Fonte and Francesca Landini ROME (Reuters) - -Italy is seeking guarantees on fuel supply security from the Azeri government if the founding family of Italiana Petroli agrees a sale to...

Image for Trump pressures European leaders over Russian oil purchases, White House official says

Trump Pressures European Leaders Over Russian Oil Purchases, White House Official Says

Date: September 4, 2025

WASHINGTON (Reuters) -U.S. President Donald Trump told European leaders on Thursday that Europe must stop purchasing Russian oil that he said is helping Moscow fund its war against Ukraine, a White...

Image for Oil flows to Germany via damaged Druzhba pipeline to normalise, Rosneft Germany says

Oil Flows to Germany via Damaged Druzhba Pipeline to Normalise, Rosneft Germany Says

Date: September 4, 2025

BERLIN (Reuters) -Oil flows through the Druzhba pipeline to Germany's PCK refinery are expected to return to normal by the end of this week following the repair of damages, Rosneft Germany, the...