oil and gas

Image for UK's Lindsey oil refinery insolvent, 420 jobs at risk
Finance

UK's Lindsey oil refinery insolvent, 420 jobs at risk

LONDON (Reuters) -State Oil Limited, parent company of the 133,000 barrel per day Lindsey oil refine...

30th June, 2025

Image for UK's Prax Group files for insolvency, Sky News reports
Finance

UK's Prax Group files for insolvency, Sky News reports

(Reuters) -British energy firm Prax Group has filed for insolvency amid mounting losses at its Linds...

30th June, 2025

Image for Oil edges down on easing Middle East risks but gains for a second month
Finance

Oil edges down on easing Middle East risks but gains for a second month

By Florence Tan SINGAPORE (Reuters) -Oil prices fell 1% on Monday as an easing of geopolitical risks...

30th June, 2025

Image for Putin: OPEC+ projects rising oil demand, especially in summer
Headlines

Putin: OPEC+ projects rising oil demand, especially in summer

MOSCOW (Reuters) -Russian President Vladimir Putin said on Friday the OPEC+ group of leading oil pro...

27th June, 2025

Image for Shell and partners boost gas production from Norway's Ormen Lange field
Finance

Shell and partners boost gas production from Norway's Ormen Lange field

OSLO (Reuters) -Energy major Shell and its partners have started up two subsea compression stations...

27th June, 2025

Image for US postpones sanctions against Serbia's NIS oil firm for fourth time, energy minister says
Finance

US postpones sanctions against Serbia's NIS oil firm for fourth time, energy minister says

(Reuters) -The United States has postponed sanctions against the Russian-owned Serbian oil company N...

27th June, 2025

Image for TotalEnergies buys 25% stake in offshore Suriname to expand $10.5 billion development
Finance

TotalEnergies buys 25% stake in offshore Suriname to expand $10.5 billion development

By America Hernandez PARIS -TotalEnergies has acquired a 25% stake in Block 53 offshore Suriname fro...

27th June, 2025

Image for Oil market reflects slim chance of supply disruption, Goldman analysts say
Finance

Oil market reflects slim chance of supply disruption, Goldman analysts say

(Reuters) -Options markets suggest the probability of a disruption of oil flows through the Strait o...

27th June, 2025

Image for Oil steadies after report of planned OPEC+ August output hike
Finance

Oil steadies after report of planned OPEC+ August output hike

By Nicole Jao (Reuters) -Oil was set to fall this week with the Iran-Israel ceasefire holding and ea...

27th June, 2025

Image for Shell and Equinor name their UK joint venture Adura
Finance

Shell and Equinor name their UK joint venture Adura

LONDON (Reuters) -Shell's and Equinor's British joint venture, set to become the biggest oil and gas...

26th June, 2025

Image for Russia's cartel office proposes complete gasoline exports ban, sources say
Headlines

Russia's cartel office proposes complete gasoline exports ban, sources say

MOSCOW (Reuters) -Russian Federal Anti-Monopoly Service (FAS) has proposed a complete gasoline expor...

26th June, 2025

Image for Equinor and partners to invest $2.1 billion in Norway oil, gas field
Headlines

Equinor and partners to invest $2.1 billion in Norway oil, gas field

STOCKHOLM (Reuters) -Operator Equinor and its partners Vaar Energi and Inpex Idemitsu will invest mo...

26th June, 2025