Oil
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17.02.20230 104
British energy producer announces mammoth profits
Centrica’s annual revenues have tripled as a result of higher prices for consumers © Getty Images / David McNew UK oil…
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Moscow retained oil-service competencies and developed in-house expertise in drilling, data shows An oil pump jack operated by the Yamashneft…
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14.02.20230 98
US to tap oil reserves to offset Russian production cut
The country’s emergency stockpile is currently at its lowest level since 1983 FILE PHOTO: The Strategic Petroleum Reserve storage at…
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14.02.20230 131
Russia to reroute oil exports to ‘friendly’ states – official
Energy supplies will not go to countries that support price caps, Deputy PM Novak has said © Getty Images / Nicholas…
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Tankers earmarked for Russian trade have left fewer vessels to serve other suppliers, the outlet reports FILE PHOTO: An oil…
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13.02.20230 130
Big Oil rakes in record profits
Western oil supermajors made nearly $200 billion last year while households struggle to pay their energy bills © Getty Images /…
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12.02.20230 124
OPEC chief calls for pause in climate talks
More investment in oil is needed to meet global demand, the group’s top official says © Getty Images / Wan Fahmy…
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11.02.20230 113
Massive proceeds of global oil and gas industry revealed
The head of the International Energy Agency says the sector earned nearly $4 trillion in 2022 © Getty Images / Gary…
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10.02.20230 109
Oil prices jump after Russia announces production cuts
Crude is on course for a 10% weekly gain as Moscow plans an output cut of 500,000 barrels per day…
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10.02.20230 118
EU country will not abandon Russian gas – diplomat
Greece ramped up energy imports from Russia last year, statistics show © Sputnik / Alexey Vitvitsky Moscow has not received any…