Monday, 3 February 2025

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FILE PHOTO: An oil field is seen in Dibis area on the outskirts of Kirkuk, Iraq October 17, 2017. REUTERS/Alaa Al-Marjani/File Photo
BusinessFuelNatural GasNewsOil

BP-Iraq deal on Kirkuk fields to use profit-sharing model

Iraq and BP have signed a preliminary deal to develop Kirkuk's oil fields on a profit-sharing basis, marking BP's return after five years.

Senegalese President Bassirou Diomaye Faye, who swept to victory in March on a promise of radical reform, has declared an audit of the oil, gas and mining sectors (AFP)
ElectionsFuelNatural GasNewsOilPoliticsTrade

Senegal sets up commission to review oil and gas deals

Prime Minister announces commission to 'rebalance' fossil fuel contracts 'in the national interest', after promises made before March election.

FILE PHOTO: Hess logo is seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Hess Guyana’s secret value becomes part of Exxon arbitration, sources say

Value of Guyana oil field partly owned by Hess under scrutiny by experts as part of Exxon objection to Chevron's takeover.

FILE PHOTO: Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
BusinessFuelNewsOil

US West Coast refiners still waiting for TMX margin boost

Expected deliveries to West Coast US oil companies from Trans Mountain have failed to materialise, with TMX mostly exporting to Asia.

FILE PHOTO: The logo of Malaysian energy group National Petroleum Limited, commonly known as PETRONAS, is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
Carbon ManagementClimateEmissionsNews

Petronas taps ADNOC, Storegga to evaluate carbon capture, storage

Firms will collaborate in Malaysia on carbon capture technology based around saline aquifers.

FILE - Guohua Power Station, a coal-fired power plant, operates in Dingzhou, Baoding, in the northern China's Hebei province, Nov. 10, 2023. (AP Photo/Ng Han Guan, File)
ClimateCoalEmissionsFuelInfrastructureNewsPolitics

China is backing off coal power plant approvals after 2022-23 surge

Official documents show 80% fewer Chinese coal plants were approved from January to June compared to last year.

LSEG signage is seen on screens in the lobby of the London Stock Exchange in London, Britain, May 14, 2024. REUTERS/Hannah McKay/File Photo
BusinessCritical MineralsMiningNewsOil

Copper miners, energy stocks pull FTSE 100 lower

Energy shares were the biggest losers on the FTSE 100, declining 1% due to a drop in oil prices.

Logo of Anglo American is seen on a jacket of an employee of the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019. REUTERS/Rodrigo Garrido/File Photo
BusinessCoalMineralsMiningNews

Initial bids for Anglo’s Australian coal mines due by Sept 9, sources say

Several companies thought to be interested in Anglo coal mines sale, as the mining giant simplifies in the wake of rejected BHP takeover.

FuelInfrastructureNatural GasNewsTransmission

One killed in offshore natural gas pipeline explosion in Louisiana

An offshore natural gas pipeline that exploded near Venice, Louisiana, on Saturday night, killing one person, was owned by Whitney Oil and Gas,...

FILE PHOTO: Gas bubbles from the Nord Stream 2 leak reaching surface of the Baltic Sea in the area shows disturbance of well over one kilometre diameter near Bornholm, Denmark, September 27, 2022.  Danish Defence Command/Handout via REUTERS/File Photo
FuelInfrastructureNatural GasNewsPoliticsTradeTransmission

Russia complains to Germany over Nord Stream sabotage probe

Russia has complained to Germany over its investigation into the 2022 explosions that ruptured the Nord Stream gas pipelines: RIA state news

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