Oil and Gas (TRBC)

Pioneer Natural CEO calls on investors to divest in companies with high flaring

Pioneer Natural CEO calls on investors to divest in companies with high flaring

Published 22/02/2020

HOUSTON (Reuters) - The chief executive of Pioneer Natural Resources, Scott Sheffield, on Thursday called on energy investors to sell shares or pull funding from [more…]

Brent crude falls as China cuts refining rates on virus outbreak

Brent crude falls as China cuts refining rates on virus outbreak

Published 03/02/2020

SINGAPORE (Reuters) - Brent crude prices fell on Monday to their lowest in more than a year, dragged down by worries about lower demand in [more…]

Venezuela’s PDVSA, in default, says total debt remained unchanged in 2019

Venezuela’s PDVSA, in default, says total debt remained unchanged in 2019

Published 27/01/2020

CARACAS (Reuters) - Venezuela’s state-run oil company PDVSA said its financial debt fell less than 0.1% in 2019 from the prior year to some $34.5 [more…]

Oil slumps further as China virus spreads

Oil slumps further as China virus spreads

Published 27/01/2020

TOKYO (Reuters) - Crude prices fell more than 2% to multi-month lows on Monday as the rising number of cases of the new coronavirus in [more…]

Oman says supports Saudi readiness to react to virus impact on oil market

Oman says supports Saudi readiness to react to virus impact on oil market

Published 27/01/2020

DUBAI (Reuters) - Oman’s energy minister Mohammed bin Hamad al-Rumhy told Reuters on Monday he fully supported Saudi Arabia’s readiness to react to any impact [more…]

Rival Libyan leaders to hold Moscow peace talks on Monday: news agencies

Rival Libyan leaders to hold Moscow peace talks on Monday: news agencies

Published 13/01/2020

MOSCOW (Reuters) - Libya’s warring rival leaders will hold peace talks in Moscow on Monday alongside representatives from Russia and Turkey, Russian news agencies cited [more…]

Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares

Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares

Published 12/01/2020

DUBAI (Reuters) - State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, raising [more…]

Divergent paths: Oil, natural gas going different directions

Divergent paths: Oil, natural gas going different directions

Published 09/01/2020

(Reuters) - The diverging fundamentals of U.S. oil and natural gas can be seen dramatically in the markets, where the oil-to-gas price ratio has surged [more…]

Oil falls 1% as investors reassess Middle East risks

Oil falls 1% as investors reassess Middle East risks

Published 07/01/2020

NEW YORK (Reuters) - Oil prices fell almost 1% on Tuesday, surrendering some recent gains as investors reconsidered the likelihood of immediate supply disruptions in [more…]

Indonesia targets more investments from UAE during visit in January

Indonesia targets more investments from UAE during visit in January

Published 16/12/2019

JAKARTA (Reuters) - Indonesia expects to sign more deals with the United Arab Emirates in the energy, health and education sectors during a visit to [more…]