Oil and Gas (TRBC)

Iran says Europe’s support for nuclear deal not enough

Iran says Europe’s support for nuclear deal not enough

Published 21/05/2018

TEHRAN (Reuters) - The European Union is not doing enough to preserve the benefits for Iran from the 2015 international nuclear pact following the withdrawal [more…]

Exclusive: BP back on its feet but CEO senses no respite

Exclusive: BP back on its feet but CEO senses no respite

Published 21/05/2018

LONDON (Reuters) - After the near collapse of his company following the 2010 Gulf of Mexico disaster and a three-year slump in oil prices, BP [more…]

Oil rises as U.S. says trade war with China is ‘on hold’

Oil rises as U.S. says trade war with China is ‘on hold’

Published 21/05/2018

LONDON (Reuters) - Oil rose on Monday, lifted by a rally across stocks and other commodities, after the United States said it had put a [more…]

Australia’s Santos gets final sweetened $10.8 billion bid from…

Australia’s Santos gets final sweetened $10.8 billion bid from…

Published 21/05/2018

(Reuters) - U.S.-based Harbour Energy made a final offer of $10.8 billion for Australia’s Santos Ltd (STO.AX) on Monday, hiking its bid for a fifth [more…]

Investors see big oil surge, but physical markets suggest caution

Investors see big oil surge, but physical markets suggest caution

Published 15/05/2018

NEW YORK/LONDON/SINGAPORE (Reuters) - Oil futures prices have soared past three-year highs, OPEC’s deal has cut millions of barrels of inventory worldwide and investors are [more…]

Kuwait to postpone VAT implementation to 2021, says parliament…

Kuwait to postpone VAT implementation to 2021, says parliament…

Published 15/05/2018

DUBAI (Reuters) - Kuwait will not implement value-added tax before 2021 but will push ahead with introducing excise tax, parliament’s budget committee said in a [more…]

Statoil to become Equinor, dropping ‘oil’ to attract young talent

Statoil to become Equinor, dropping ‘oil’ to attract young talent

Published 15/05/2018

OSLO (Reuters) - Shareholders in Norway’s largest company, Statoil (STL.OL), will approve on Tuesday the board’s proposal to drop “oil” from its name as its [more…]

Pompeo reaches out to European counterparts amid Iran tensions

Pompeo reaches out to European counterparts amid Iran tensions

Published 14/05/2018

WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo spoke to German, French and British counterparts in recent days to discuss cooperation over Iran, a [more…]

Some U.S. fund managers finally convinced oil rally is for real

Some U.S. fund managers finally convinced oil rally is for real

Published 11/05/2018

NEW YORK (Reuters) - U.S. fund managers are barreling into the energy sector by making broad bets on anything connected with oil, finally convinced that [more…]