Venezuelan oil industry: world’s largest reserves, decaying infrastructure
Jan 3 (Reuters) – Following are key facts about the oil industry of Venezuela, whose President Nicolas Maduro…
China vows to stabilise grain production, increase soybean oilseed self-sufficiency
BEIJING, Dec 30 (Reuters) – Chinese officials have vowed to stabilise grain production and increase soybean oilseed production…
Tax breaks help Russian oil exporters stay afloat as discounts deepen
MOSCOW, Dec 30 (Reuters) – Discounts on Russian oil at export terminals have once again approached historic highs,…
Renewables turn LNG glut into a sinkhole
MELBOURNE, Dec 26 (Reuters Breakingviews) – Solar, wind power and batteries are set to make life a misery…
Canada unveils new rules to lower oil and gas methane emissions
New rules aim for 75% methane reduction by 2035 Previous draft rules criticized as too difficult by industry…
Oil prices stable as Venezuelan supply disruptions balance surplus concerns
Brent, WTI prices steady after 4% losses last week Venezuelan oil exports down sharply since US seizure of…
EU strikes deal on climate target to cut emissions by 90% by 2040
Item 1 of 2 European flags flatter outside the EU commission headquarters in Brussels, Belgium, September 20, 2019.…
Exclusive: Russia’s monthly oil and gas revenue poised to hit lowest since August 2020
Annual oil and gas revenue to fall short of budget projection Returns hit by cheaper crude and stronger…
US holds first Gulf of Mexico oil and gas auction since 2023
Dec 10 (Reuters) – The Trump administration will hold the government’s first sale of oil and gas drilling…
Multilateralism works even as US, fossil fuel industry oppose climate action, UN chief says
COP30 summit outcome disappointing but shows multilateralism works, Guterres says Guterres concerned about missing 1.5 C temperature goal,…
Nigeria’s Dangote Refinery says it can deliver 1.5 billion litres of petrol in December
LAGOS, Dec 1 (Reuters) – Nigeria’s Dangote Refinery said on Monday it is able to deliver 1.5 billion…
New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says
Item 1 of 2 Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman attends a session of the St.…