oil and gas

Image for Vallourec's core profit drops on lower tube prices in North America
Finance

Vallourec's core profit drops on lower tube prices in North America

By Mathias de Rozario and Johan BODINIER (Reuters) -France's Vallourec reported a nearly 24% drop in...

27th February, 2025

Image for US gives Serbian oil company last-minute sanctions reprieve, says President Vucic
Finance

US gives Serbian oil company last-minute sanctions reprieve, says President Vucic

BELGRADE - The United States has suspended sanctions for 30 days on Serbian oil company NIS, which i...

27th February, 2025

Image for Vaar Energi makes oil discovery near Arctic Goliat field
Finance

Vaar Energi makes oil discovery near Arctic Goliat field

OSLO (Reuters) - Vaar Energi has made an oil discovery in its Zagato prospect some 8 km (5 miles) no...

27th February, 2025

Image for Russia extends gasoline export permits until end of Aug 2025, Ifax reports
Finance

Russia extends gasoline export permits until end of Aug 2025, Ifax reports

MOSCOW (Reuters) - The Russian government has decided to extend petrol export permits for producers...

27th February, 2025

Image for Oil climbs more than 2% after Trump cancels Chevron's Venezuela licence
Finance

Oil climbs more than 2% after Trump cancels Chevron's Venezuela licence

By Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE (Reuters) - Oil prices climbed for the first time in t...

27th February, 2025

Image for BP cuts renewable investment and boosts oil and gas in strategy shift
Finance

BP cuts renewable investment and boosts oil and gas in strategy shift

(Reuters) - BP said on Wednesday it would increase annual oil and gas investment to $10 billion, ret...

26th February, 2025

Image for Gazprom Neft cuts stake in Serbia’s NIS as US sanctions loom
Finance

Gazprom Neft cuts stake in Serbia’s NIS as US sanctions loom

BELGRADE (Reuters) - Serbia is shoring up its crude oil and fuel reserves as the country presses on...

26th February, 2025

Image for Oil falls, settles at 2-month low as US fuel inventories rise
Finance

Oil falls, settles at 2-month low as US fuel inventories rise

By Shariq Khan and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices rose marginally on Wednesday, bouncin...

26th February, 2025

Image for Ukraine says it hit Russian oil refinery, Moscow says it downs 83 drones in southern region
Finance

Ukraine says it hit Russian oil refinery, Moscow says it downs 83 drones in southern region

(Reuters) - Ukraine launched an overnight drone attack on Russia's southern Krasnodar region, damagi...

26th February, 2025

Image for Oil edges up after US stockpiles report helps offset worries on rising supply
Finance

Oil edges up after US stockpiles report helps offset worries on rising supply

By Shariq Khan (Reuters) - Oil prices climbed in early Asian trading hours on Wednesday, bouncing of...

26th February, 2025

Image for Russia says its fuel reserves are ample
Finance

Russia says its fuel reserves are ample

MOSCOW (Reuters) - The Russian fuel market is balanced, while stockpiles of gasoline and diesel have...

25th February, 2025

Image for Iraq, BP agree to develop four Kirkuk fields
Headlines

Iraq, BP agree to develop four Kirkuk fields

DUBAI (Reuters) - Iraq and oil major BP signed a deal to redevelop four Kirkuk oil and gas fields, I...

25th February, 2025