PARIS (Reuters) – French oil and gas group Total said it will not stop producing gas at its Yadana fields in Myanmar as long as operations remain safe, in part to protect …
Read More »China and Iran Expected to Sign 25-Year Agreement, Iranian State Media Says
DUBAI (Reuters) – Chinese Foreign Minister Wang Yi arrived in Iran on Friday for a visit that Iranian state media said would see the signing of a 25-year cooperation agreement between the …
Read More »Oil rises 4% on fear that the Suez Canal blockade will last for weeks
NEW YORK (Reuters) – Oil prices rose more than 4% on Friday on concerns that global supplies of crude and refined products will be disrupted for weeks as workers try to dislodge …
Read More »Tugboats work to free giant container ship stranded in Suez Canal
CAIRO (Reuters) – Europe’s shortest sea route to Asia remained blocked on Wednesday as 10 tugs struggled to free one of the world’s largest container ships after it ran aground in the …
Read More »Drone attack on Riyadh oil refinery claimed by Houthis causes fire
DUBAI (Reuters) – An airstrike on an oil refinery in the Saudi capital, Riyadh, sparked a fire on Friday that was brought under control, the Energy Ministry said, after Yemen’s Houthi group …
Read More »Exclusive: India prepares Saudi oil import cut as standoff escalates: sources
NEW DELHI (Reuters) – Indian state refineries plan to cut Saudi Arabia’s oil imports by roughly a quarter in May, in a growing showdown with Riyadh following OPEC’s decision to ignore calls …
Read More »Exclusive: Three US Ethanol Ships Heading to China – Sources
By Stephanie Kelly, Hallie Gu NEW YORK (Reuters) – Three ships carrying ethanol were heading to China from the U.S. Gulf coast, three commercial sources told Reuters on Monday, in a sign …
Read More »Brent surpasses $ 70 for the first time since pandemic began after attack on Saudi facilities
SINGAPORE (Reuters) – Brent crude futures rose above $ 70 a barrel on Monday for the first time since the COVID-19 pandemic began, as US crude hit its highest level in more …
Read More »From US domination to the energy transition, two years that changed oil
NEW YORK (Reuters) – Former US Secretary of State Mike Pompeo took the stage at the world’s largest energy conference in 2019 to declare an era of American rule after a decade …
Read More »Brazil’s Bolsonaro to remove Petrobras CEO after fuel price dispute
RIO DE JANEIRO (Reuters) – Brazilian President Jair Bolsonaro replaced the head of state oil company Petrobras, and appointed a retired army general with no experience in oil and gas as CEO …
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