oil-and-gas
Northeast Asia Sends the Most Jet Fuel to Europe in Nearly a Year in June
Oil Prices Jump 3% as Iran Suspends Cooperation With UN Nuclear Watchdog
HeadlinesExclusive-Iran Made Preparations to Mine the Strait of Hormuz, US Sources Say
Germany Relaxes Gas Supply Alert as Market Stabilises
UK's Petrofac Says Court Upholds Appeal Against Restructuring Plan
Date: July 1, 2025
(Reuters) -Britain's Petrofac on Tuesday said a UK court upheld an appeal brought by some of the oilfield services provider's creditors against the approval of a restructuring plan that would unlock $...
Equinor, Partners Approve $1.3 Billion Johan Sverdrup Oilfield Expansion
Date: July 1, 2025
COPENHAGEN (Reuters) -Norway's Equinor and its partners have approved a 13 billion Norwegian crown ($1.29 billion) investment for the expansion of Johan Sverdrup, western Europe's largest producing...
Oil Settles up on Signs of Strong Demand, Investors Await Opec+ Decision
Date: July 1, 2025
By Anjana Anil (Reuters) -Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ output hike in August and concerns of an economic slowdown driven by prospects of higher U.S. tariffs....
Chevron to Close Scotland Office Under Restructuring
Date: June 30, 2025
(Corrects paragraph 2 to remove reference that Aberdeen is Chevron's only office in Scotland) By Shadia Nasralla LONDON (Reuters) -Chevron will close its Aberdeen, Scotland, office, the U.S. oil...
Argentina Asks UK Court to Pause Enforcement in $16 Billion Oil Company Seizure Case
Date: June 30, 2025
LONDON (Reuters) -Argentina on Monday urged London's High Court to pause enforcement of a $16 billion-plus United States court judgment over the expropriation of oil and gas company YPF, pending an...
Geopolitical Tensions Nudge Oil Outlook Higher, but Demand Concerns Persist: Reuters Poll
Date: June 30, 2025
By Anmol Choubey and Kavya Balaraman (Reuters) -Analysts have marginally lifted their oil price forecasts after the flare-up of tensions in the Middle East, but rising OPEC+ supply and a tempered...