oil-and-gas

Image for Poland's Orlen will no longer buy Russian oil, CEO saysFinance

Poland's Orlen Will No Longer Buy Russian Oil, CEO Says

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

UK's Lindsey Oil Refinery Insolvent, 420 Jobs at Risk

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

UK's Prax Group Files for Insolvency, Sky News Reports

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

Oil Edges Down on Easing Middle East Risks but Gains for a Second Month

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

Putin: Opec+ Projects Rising Oil Demand, Especially in Summer

Date: June 27, 2025

MOSCOW (Reuters) -Russian President Vladimir Putin said on Friday the OPEC+ group of leading oil producers including Russia projects rising global demand especially in the summer months, in comments...

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

Shell and Partners Boost Gas Production From Norway's Ormen Lange Field

Date: June 27, 2025

OSLO (Reuters) -Energy major Shell and its partners have started up two subsea compression stations at Norway's Ormen Lange gas field to help boost recovery of gas reserves, which are exported to...

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

US Postpones Sanctions Against Serbia's Nis Oil Firm for Fourth Time, Energy Minister Says

Date: June 27, 2025

(Reuters) -The United States has postponed sanctions against the Russian-owned Serbian oil company NIS for a fourth time, Tanjug news agency reported on Friday. NIS has so far secured three waivers,...

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

TotalEnergies Buys 25% Stake in Offshore Suriname to Expand $10.5 Billion Development

Date: June 27, 2025

By America Hernandez PARIS -TotalEnergies has acquired a 25% stake in Block 53 offshore Suriname from Spanish company Moeve, it said on Friday without giving financial details. The block is adjacent...

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

Oil Market Reflects Slim Chance of Supply Disruption, Goldman Analysts Say

Date: June 27, 2025

(Reuters) -Options markets suggest the probability of a disruption of oil flows through the Strait of Hormuz is just 4% following the Iran-Israel ceasefire, Goldman Sachs analysts said in a note on...

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

Oil Steadies After Report of Planned Opec+ August Output Hike

Date: June 27, 2025

By Nicole Jao (Reuters) -Oil was set to fall this week with the Iran-Israel ceasefire holding and easing concerns over Middle East supply risks, although prices rose on Friday as the summer driving...