Focus on Oil
Gazprom says more work underway to link Russia’s eastern, western gas grids
Kremlin-controlled energy giant Gazprom says work is underway on further links between its east and western pipeline networks.
US oil and gas M&A hits quarterly record after blockbuster 2023
US oil and gas deals hit a record $51 billion in the first quarter, a continuation of last year's fierce merger pace centered...
Russia’s Orsk refinery resumes operations after flooding, sources say
MOSCOW (Reuters) -Russia’s Orsk oil refinery resumed full operations early on Tuesday after flooding in the region caused a two-week suspension, two sources...
Italy’s Saipem says first-quarter core earnings jump 40%
Italian energy contractor Saipem says its first-quarter adjusted core earnings rose 40% on the same period of last year, driven by growth at...
As shale oil gains slow, deepwater port struggles for customers
Regulatory delays, slowing production and high prices leave Texan shale oil port scrambling for business.
Investors push Equinor to align strategy with global climate goal
Norwegian oil company majority-owned by government under fire after minority investors push for spending in line with Paris Agreement.
Next sanctions must target shadow Russian oil fleet, Sweden says
Minister Tobias Billström calls for import ban on LNG and crackdown on shadow fleet transporting Russian oil.
