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Category: Oil & Gas

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August 26, 20190

Trafigura to take stake in Frontline in $675mn deal

Frontline has agreed to buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675mn which will make the Geneva-based trading

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August 6, 20190

Gazprom eyes Eurobond issue in July

Gazprom PJSC is considering testing the mar- ket’s appetite for its debt this year by issuing Eurobonds through a Russian or UK unit said a person fam

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August 6, 20190

BP can’t sell tainted oil as market struggles to deal with crude

Bloomberg/London Russia’s contaminated oil crisis isn’t over yet — at least not for the traders trying to find a home for the cargoes they

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August 1, 20190

Oil Tankers’ Tracking Signals Are Vanishing in the Strait of Hormuz

Oil tanker owners are finding a way to reduce the risks of navigating the Strait of Hormuz, the world’s most important -- and lately most dangerous --

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August 1, 20190

Oil Industry Poised to Attack as Trump Boosts Ethanol in Fuels

Oil industry foes are preparing to go to court to fight the Environmental Protection Agency regulation issued Friday that allows year-round sales of h

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July 31, 20190

UK oil’s appeal returns for S Korea even as Brexit looms

After staying away for four months, South Korea is back in the market for North Sea crude. Hyundai Oilbank Co bought 2mn barrels of North Sea Forties

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July 30, 20190

Chevron wins 90-day Venezuela waiver despite opposition

Bloomberg/Houston Chevron Corp and four oil services companies won a last-minute US government reprieve to continue producing oil in Venezu

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July 24, 20190

Halliburton second-quarter profit beats analysts’ estimates

(Reuters) - Halliburton Co (HAL.N) on Monday reported a second-quarter profit that beat analysts’ estimates as its largest oil-well services unit ex

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July 24, 20190

IEA ready to act quickly to keep global oil market supplied

PARIS (Reuters) - The International Energy Agency (IEA) is closely monitoring developments in the Strait of Hormuz and ready to take swift action if

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July 12, 20190

Exclusive: Russian output falls to three-year low as oil rivals clash

MOSCOW (Reuters) - Russian oil production fell close to a three-year low in early July, as output was undermined by a row between Russian oil pipeline

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