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Robert Harvey

FILE PHOTO: A general view of the commercial harbour of Syria's coastal city of Tartous, Syria, December 14, 2024. REUTERS/Umit Bektas/File Photo
FuelLiquefied Petroleum GasNewsOilPoliticsTrade

Syria turns to intermediaries for oil imports after low interest in tenders, sources say

Syria's civil war decimated the country's energy industry and the new government faces an uphill battle to restore energy security.

FILE PHOTO: Trafigura logo is seen in this illustration taken, April 23, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
Critical MineralsFuelMineralsNewsOil

Trafigura net profit, equity drops after Mongolia fraud

As its earnings fall, the Geneva-based firm faces possible fines as a result of a corruption trial in Switzerland.

FILE PHOTO: The Varo refinery is seen in Cressier, Switzerland, May 4, 2023. REUTERS/Denis Balibouse/File Photo
BiofuelsBusinessFuelNews

Varo Energy in talks to buy Preem’s Swedish refineries, sources say

Varo already has stakes in refineries in Germany and Switzerland and is expanding in sustainable fuel and trading.

An oil pump jack pumps oil in a field near Calgary, Alberta, Canada.
ElectionsNewsOilTrade

Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

Canada and Mexico may cut prices and shift oil supply to Asia if Trump enacts 25% U.S. crude import tariffs.

Drilling rigs operate at sunset in Midland, Texas, U.S.
ElectionsNatural GasNewsOil

US oil producers unlikely to shift to ‘drill, baby, drill’ mode, says Exxon executive

Trump pledged to boost U.S. domestic oil and natural gas output — but producers remain focused on capital discipline.

FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo
BusinessMaritimeNewsOilTrade

Brent oil traders use little known rule to reroute US cargoes

Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute U.S. shipments...

A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo
BusinessNewsOilPoliticsTrade

Shell faces delay in German refinery stake sale, sources say

Shell's German refinery sale held up by third party lawsuits, including by Russian majority shareholder Rosneft.

FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. Picture taken February 13, 2019. REUTERS/Nick Oxford/File Photo
AnalysisClimateCoalEmissionsEnvironmentFuelLiquefied Natural GasLiquefied Petroleum GasNatural GasOilReports

Fossil fuel use, emissions hit records in 2023: Statistical Review of World Energy

LONDON – Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels’ share of the global energy...

Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
FuelNewsOilPoliticsTrade

Global oil markets weaken as sluggish demand leaves overhang

Global crude oil markets are weakening because of soft refinery demand and ample supply, could spell further weakness for crude futures

Refinery workers walk inside the LyondellBasell oil refinery in Houston, Texas March 6, 2013. REUTERS/Donna Carson/File photo
AnalysisIn-DepthIndustryOil

Analysis: Heavy oil shortage spells higher cost for industry

Mexican export cuts and a rerouting of Canadian output are shrinking limited supplies of heavy crude in the Atlantic basin

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