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Australia, China will work on regional energy security, Albanese says
Australian Prime Minister Anthony Albanese said he discussed the importance of energy security in a phone call with his Chinese counterpart Li Qiang on Tuesday, as the Iran war disrupts the global energy market. Albanese and Li agreed to increase government-to-government communication in support o...Reuters
16 minutes ago
World is lining up for Russian energy, the Kremlin says
Kremlin says there are huge requests for Russian energy Kremlin says there is a global energy crisis Europe wants to end its energy purchases from Russia Yamal LNG sends first cargo to China since November By Dmitry Antonov and Guy Faulconbridge MOSCOW, April 7 (Reuters) - The Kremlin said on Tue...Reuters
19 minutes ago
Kazakhstan's Tengiz oil field output fully restored after January outages
ALMATY, April 7 (Reuters) - Kazakhstan’s largest oil field, Tengiz, has returned to full production following power supply disruptions earlier this year, Tengizchevroil’s general director William Lacobie told lawmakers on Tuesday.Lacobie said output was fully restored "despite recent difficultie...Reuters
20 minutes ago
Glass Lewis recommends vote against BP chair over blocked climate resolution
Glass Lewis, ISS recommend some votes against BP board's wishesRecommendations by big proxy firms against board are rareBP's new CEO O'Neill started last weekBy Shadia Nasralla and Stephanie Kelly LONDON, April 7 (Reuters) - Proxy adviser Glass Lewis recommended that BP BP.L sharehold...Reuters
22 minutes ago
OPEC secretariat receives updated compensation plans
April 7 (Reuters) - The OPEC secretariat has received updated oil production compensation plans from Iraq, United Arab Emirates, Kazakhstan and Oman, the organisation said on Tuesday.The schedule received from the four members covered the period from last month until June of this year to make up for...Reuters
22 minutes ago
Chevron says Tengiz crude oil exports from Kazakhstan continue uninterrupted
MOSCOW, April 7 (Reuters) - U.S. oil major Chevron said on Tuesday that crude oil exports from the vast Tengiz field, Kazakhstan's largest, continued uninterrupted.Chevron issued the comments after Russia's defence ministry said on Monday that Ukraine had attacked facilities at the maritime ...Reuters
23 minutes ago
WRAPUP 4-Defiant Iran rejects ceasefire as clock ticks down on Trump threat to unleash 'hell'
Senior Iranian source: Iran rejects temporary ceasefireIran to insist on payment for use of strait in final settlementIran says Pakistani mediation efforts at 'critical stage'Israel warns Iranians to stay away from trains and railways Deadline approaches on Trump's threat to unleash stri...Reuters
47 minutes ago
Australia, China will work on regional energy security, Albanese says
Australian Prime Minister Anthony Albanese said he discussed the importance of energy security in a phone call with his Chinese counterpart Li Qiang on Tuesday, as the Iran war disrupts the global energy market. Albanese and Li agreed to increase government-to-government communication in support o...Reuters
48 minutes ago
PRECIOUS-Gold rises as dollar and oil soften; investors focused on Middle East
Gold rises some 0.6%Iranian ambassador says Pakistan mediation efforts at critical stageChina's central bank adds gold to reserves for 17th monthBy Ishaan Arora April 7 (Reuters) - Gold prices gained on Tuesday, as the dollar softened and oil prices fell, while investors remained focused on a...Reuters
48 minutes ago
Tengizchevroil head says production at Kazakhstan's Tengiz oil field has been fully restored
ALMATY, April 7 (Reuters) - William Lacobie, the general director of Tengizchevroil, told lawmakers in Kazakhstan on Tuesday that oil production at the Tengiz field had been fully restored after major outages in January.Reuters
an hour ago
Kazakhstan says CPC oil exports via Black Sea stable after Russia reports an attack
Russia said on Monday Ukraine attacked CPC loading facilitiesCPC terminal handles about 80% of Kazakhstan's crude exportsKremlin refers questions on operations status to CPC ASTANA, April 7 (Reuters) - Oil shipments via the Caspian Pipeline Consortium are stable, Kazakhstan's energy mini...Reuters
an hour ago
Proxy adviser Glass Lewis recommends vote against BP chair over blocked climate resolution
LONDON, April 7 (Reuters) - Proxy adviser Glass Lewis recommended that BP BP.L shareholders vote against Chair Albert Manifold, who took up the post in October, citing BP's decision to exclude a climate-related resolution from its upcoming annual meeting. Glass Lewis made its recommendation ...Reuters
an hour ago
Oil prices hover around $110/bbl as Hormuz stays shut ahead of Trump deadline
Iran faces 8 p.m. Washington deadline to open Strait of HormuzTrump threatens to order attacks on Iran's bridges, power plantsIran rejects temporary ceasefire, demands permanent end to conflictWTI premium to Brent widensBy Shadia Nasralla LONDON, April 7 (Reuters) - Oil prices hovered around ...Reuters
an hour ago
Iran has attacked Saudi petrochemical complex in Jubail, Fars news agency says
April 7 (Reuters) - Iran on Tuesday attacked a petrochemical complex in Saudi Arabia's Jubail industrial city, located in the Eastern province, Iran's semi-official Fars news agency said.The Saudi government communications office, state oil giant Aramco and its petrochemicals subsidiary SAB...Reuters
an hour ago
Iran has attacked Saudi petrochemical complex in Jubail, Fars news agency says
April 7 (Reuters) - Iran on Tuesday attacked a petrochemical complex in Saudi Arabia's Jubail industrial city, located in the Eastern province, Iran's semi-official Fars news agency said.There was no comment from the Saudi government.Reuters
2 hours ago
Kremlin says the world is lining up for Russian energy
MOSCOW, April 7 (Reuters) - The Kremlin said on Tuesday that there were a huge number of requests for Russian energy supplies from a range of different places amid a grave global energy crisis. Russia is the world's second largest oil exporter after Saudi Arabia and holds the world's largest...Reuters
2 hours ago
China curbs domestic fuel price hike again to soften impact of surging oil prices
China limits fuel price hikes to soften impact of Iran war-driven oil price surgeWorld's second-largest oil consumer weathers oil shocks better than many Asian peersAirlines hike fuel surcharges; impact on broader Chinese economy remains muted BEIJING, April 7 (Reuters) - China on Tuesday onc...Reuters
2 hours ago
