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Oil & Gas

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Image for Austria's OMV quarterly profit jumps 65% on price hikes
Finance

Austria's OMV quarterly profit jumps 65% on price hikes

July 31 (Reuters) - Oil, gas and chemicals firm OMV slightly beat adjusted operating profit estimate...

31st July, 2026

Image for Portugal approves 33% windfall tax on oil companies' excess profits
Finance

Portugal approves 33% windfall tax on oil companies' excess profits

LISBON, July 30 (Reuters) - Portugal's government said on Thursday it had approved a 33% windfall ta...

30th July, 2026

Image for BP to cut 700 jobs as it simplifies company, internal email shows
Finance

BP to cut 700 jobs as it simplifies company, internal email shows

July 30 (Reuters) - Oil major BP plans to cut up to 700 of its non-front-line global workforce, Upst...

30th July, 2026

Image for Saipem cuts 2026 forecast, signals Middle East hit for energy contractors
Finance

Saipem cuts 2026 forecast, signals Middle East hit for energy contractors

By Francesca Landini MILAN, July 27 (Reuters) - Italian oil and gas contractor Saipem on Monday revi...

27th July, 2026

Image for Fuel situation still difficult in some Russian regions - agencies cite deputy PM
Finance

Fuel situation still difficult in some Russian regions - agencies cite deputy PM

July 25 (Reuters) - Some Russian regions are still experiencing fuel supply problems and the situati...

25th July, 2026

Image for TotalEnergies posts strongest profit in nearly three years as Iran war lifts oil prices
Finance

TotalEnergies posts strongest profit in nearly three years as Iran war lifts oil prices

By America Hernandez PARIS, July 23 - French oil major TotalEnergies reported a 67% rise in second-q...

23rd July, 2026

Image for Oil settles over $100 as Houthi attacks intensify Middle East supply risks
Finance

Oil settles over $100 as Houthi attacks intensify Middle East supply risks

By Arathy Somasekhar July 23 (Reuters) - Oil prices rose more than 1.5% to their highest in more tha...

23rd July, 2026

Image for TotalEnergies expects higher second-quarter profit on war-related price rally
Finance

TotalEnergies expects higher second-quarter profit on war-related price rally

By America Hernandez PARIS, July 16 (Reuters) - French oil major TotalEnergies said extended energy...

16th July, 2026

Image for Drone debris damages Russia's Ust-Luga, Vysotsk ports, other regions report attacks
Headlines

Drone debris damages Russia's Ust-Luga, Vysotsk ports, other regions report attacks

MOSCOW, July 6 (Reuters) - Ukrainian drone attacks on Monday damaged the Baltic Sea ports of Vysotsk...

6th July, 2026

Image for Russian frustration rises as fuel crisis bites
Finance

Russian frustration rises as fuel crisis bites

By Alessandra Prentice July 2 (Reuters) - In Russia's grain belt, farmers fret they will not be able...

2nd July, 2026

Image for Norway offshore workers, employers enter mediation to avert strike
Finance

Norway offshore workers, employers enter mediation to avert strike

OSLO, July 1 (Reuters) - Norwegian unions representing offshore drilling rig and floating platform w...

1st July, 2026

Image for US and Iran enter technical talks to secure peace deal, restart shipping
Headlines

US and Iran enter technical talks to secure peace deal, restart shipping

By Andrew Mills and Ahmed Elimam DOHA/DUBAI, July 1 (Reuters) - The U.S. and Iran held technical tal...

1st July, 2026