China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
OMV CEO says strict rules on plastic recycling could stifle innovation
Item 1 of 2 OMV CEO Alfred Stern briefs journalists in Vienna, Austria September 22, 2025. REUTERS/Lisa Leutner…
US oil drilling to slow as prices slump, Venezuela growth could amplify pressure, EIA says
NEW YORK, Jan 13 (Reuters) – Lower oil prices are expected to cut U.S. drilling activity and reduce…
Exclusive: Venezuela begins reversing oil output cuts as exports resume, sources say
Item 1 of 2 Crude oil drips from a valve at an oil well operated by Venezuela’s state…
Trump says he will meet with health insurers ‘in a few days’
WASHINGTON, Jan 6 (Reuters) – U.S. President Donald Trump said on Tuesday he would meet with representatives from…
Explainer: Venezuela’s billions in distressed debt: Who is in line to collect?
NEW YORK/LONDON, Jan 4 (Reuters) – The toppling of President Nicolas Maduro has thrust Venezuela’s debt crisis –…
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…
US oil production rose to record high in September, EIA data shows
NEW YORK, Nov 28 (Reuters) – U.S. oil production rose to a record high in September, data from…
US government pullback from climate science fuels boom for private data firms
Earth intelligence sector revenue to exceed $4.2 billion by 2030 Concerns over data accuracy and access for those…
Paris accord will defeat fossil fuels – eventually
MELBOURNE, Nov 6 (Reuters Breakingviews) – The transition to green energy is messy, contradictory and too slow. It’s…
More oil demand expected in 2026 thanks to data centres, UAE minister says
Item 1 of 2 UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO…