oil and gas

Image for Norway's Vaar Energi to cut spending as profits rise less than forecast
Finance

Norway's Vaar Energi to cut spending as profits rise less than forecast

OSLO (Reuters) -Norwegian oil firm Vaar Energi on Tuesday reported a lower-than-expected operating p...

22nd July, 2025

Image for Oil prices fall as key trade talks falter ahead of tariff deadline
Finance

Oil prices fall as key trade talks falter ahead of tariff deadline

By Anjana Anil (Reuters) -Oil prices edged down on Tuesday as concerns the brewing trade war between...

22nd July, 2025

Image for Britain's Lindsey oil refinery to close after no buyer found
Finance

Britain's Lindsey oil refinery to close after no buyer found

LONDON (Reuters) -Britain's insolvent Lindsey oil refinery will close down after no buyers were foun...

21st July, 2025

Image for UK targets 135 Russian 'shadow fleet' tankers with fresh sanctions
Headlines

UK targets 135 Russian 'shadow fleet' tankers with fresh sanctions

LONDON (Reuters) -Britain on Monday imposed new sanctions on Russia's so-called "shadow fleet", targ...

21st July, 2025

Image for New EU Russia curbs may bolster Indian oil refiners' reliance on traders
Headlines

New EU Russia curbs may bolster Indian oil refiners' reliance on traders

By Nidhi Verma, Mohi Narayan and Trixie Yap NEW DELHI/SINGAPORE (Reuters) -Indian private refiners t...

21st July, 2025

Image for Russia-backed Indian refiner condemns EU curbs, weighs legal options
Headlines

Russia-backed Indian refiner condemns EU curbs, weighs legal options

By Nidhi Verma NEW DELHI (Reuters) -Russia-backed Indian refiner Nayara Energy on Monday condemned t...

21st July, 2025

Image for Galp Energia raises forecasts, expects to find partner for Namibia
Finance

Galp Energia raises forecasts, expects to find partner for Namibia

LISBON (Reuters) -Portugal's Galp Energia on Monday said its adjusted second-quarter core profit bea...

21st July, 2025

Image for Oil slips as little impact seen from EU sanctions on Russia
Finance

Oil slips as little impact seen from EU sanctions on Russia

(Corrects to show prices on Friday fell, not rose, in paragraph 2) SINGAPORE (Reuters) -Oil prices b...

21st July, 2025

Image for Analysis-Chevron wins Exxon case but loses time, oil and billions
Finance

Analysis-Chevron wins Exxon case but loses time, oil and billions

By Arunima Kumar (Reuters) -Exxon Mobil has lost its arbitration challenge to block Chevron's $55 bi...

18th July, 2025

Image for Greek fleet to keep shipping approved Russian oil despite new EU sanctions, sources say
Headlines

Greek fleet to keep shipping approved Russian oil despite new EU sanctions, sources say

By Jonathan Saul and Renee Maltezou ATHENS (Reuters) -Greek tanker operators shipping approved Russi...

18th July, 2025

Image for Exclusive-US firms to develop Syria energy masterplan after Trump lifts sanctions
Headlines

Exclusive-US firms to develop Syria energy masterplan after Trump lifts sanctions

By Timour Azhari DAMASCUS (Reuters) -U.S.-based firms Baker Hughes, Hunt Energy and Argent LNG will...

18th July, 2025

Image for Biggest oil and gas sector deals since start of the century
Finance

Biggest oil and gas sector deals since start of the century

(Reuters) -U.S. oil and gas major Chevron completed its $53 billion acquisition of Hess on Friday, a...

18th July, 2025