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Kremlin says Russia will seek clarification from US on Venezuela oil restrictions
The US did not authorise Russia to trade with Venezuela oilRussia and Venezuela maintain long-standing tiesRussia has defended its interests in Venezuela MOSCOW, Feb 11 (Reuters) - Russia plans to seek clarification from the United States about new U.S. restrictions on Venezuela's oil busines...Reuters
13 minutes ago
EXCLUSIVE-Saudi, US firms to partner on northeast Syria energy project
Saudi, US firms to explore oil and gas in northeast SyriaProject follows Assad's ousting, lifting of US sanctions Consortium includes Baker Hughes, Hunt Energy, TAQABy Timour Azhari RIYADH, Feb 10 (Reuters) - Saudi Arabian and U.S.-based firms are set to form a consortium for oil and gas expl...Reuters
15 minutes ago
Oil rises over 1% on US–Iran tensions, better demand
Trump hints at second carrier in Middle EastUS crude stocks likely rose last week - Reuters pollCrude draws at ARA, Fujairah suggest tight marketBy Seher Dareen LONDON, Feb 11 (Reuters) - Oil prices gained on Wednesday, buoyed by escalating risk as U.S.–Iran talks remained tenuous, while draws of...Reuters
26 minutes ago
PREVIEW-US energy secretary set to arrive in Venezuela with Herculean task of oil recovery
U.S. Energy Secretary Chris Wright to meet Venezuelan officials, Chevron, Repsol executivesVisit follows Maduro's capture, $2 billion oil dealU.S. aims to reshape global energy markets and pressure Russia, analyst saysBy Marianna Parraga and Nathan Crooks HOUSTON, Feb 11 (Reuters) - Venezuel...Reuters
30 minutes ago
TotalEnergies halves buybacks as low oil, gas prices weigh on profits
Fourth-quarter profit down 13%Share buyback for Q1 slashed on low oil pricesRefining profits jump more than 200%By America Hernandez PARIS, Feb 11 (Reuters) - TotalEnergies TTEF.PA will halve share buybacks in the first quarter, it said on Wednesday, as low oil and gas prices negated soaring four...Reuters
33 minutes ago
EXCLUSIVE-Saudi, US firms to partner on northeast Syria energy project
Saudi, US firms to explore oil and gas in northeast SyriaProject follows Assad's ousting, lifting of US sanctions Consortium includes Baker Hughes, Hunt Energy, TAQABy Timour Azhari RIYADH, Feb 10 (Reuters) - Saudi Arabian and U.S.-based firms are set to form a consortium for oil and gas expl...Reuters
36 minutes ago
After Vance visit, the Kremlin says Russia will develop ties with Armenia and Azerbaijan
MOSCOW, Feb 11 (Reuters) - Russia intends to further develop its relations with both Armenia and Azerbaijan, the Kremlin said on Wednesday, after U.S. Vice President JD Vance visited the two South Caucasus nations.The United States and Azerbaijan signed a strategic partnership, and Vance signed a nu...Reuters
44 minutes ago
Taiwan to send team to assess US rare earth deposits
TAIPEI, Feb 11 (Reuters) - Taiwan plans to send officials to assess U.S. rare earths deposits with a goal to have such minerals refined on the island, Economy Minister Kung Ming-hsin said on Wednesday.President Donald Trump's administration has stepped up efforts to secure U.S. supplies of criti...Reuters
51 minutes ago
TotalEnergies halves buybacks as low oil, gas prices weigh on profits
Fourth-quarter profit down 13%Share buyback for Q1 slashed on low oil pricesRefining profits jump more than 200%By America Hernandez PARIS, Feb 11 (Reuters) - TotalEnergies TTEF.PA will halve share buybacks in the first quarter, it said on Wednesday, as low oil and gas prices negated soaring four...Reuters
52 minutes ago
Kremlin says Russia will seek clarification from US on Venezuela oil restrictions
MOSCOW, Feb 11 (Reuters) - Russia plans to seek clarification from the United States about new U.S. restrictions on Venezuela's oil business, the Kremlin said on Wednesday.The U.S. Treasury Department on Tuesday issued a general license to facilitate the exploration and production of oil and gas...Reuters
an hour ago
After Vance visit, the Kremlin says Russia to develop ties with Armenia and Azerbaijan
MOSCOW, Feb 11 (Reuters) - Russia intends to further develop its relations with both Armenia and Azerbaijan, Kremlin spokesman said on Wednesday after U.S. Vice President JD Vance's visited Armenia and Azerbaijan. The United States and Azerbaijan signed a strategic partnership in Baku after reac...Reuters
an hour ago
PRESS DIGEST- New York Times business news - February 11
Feb 11 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Elon Musk told employees at xAI, his artificial intelligence company, on Tuesday evening that the company needed a factory on the ...Reuters
an hour ago
CORRECTED-EXCLUSIVE-Saudi, US firms to partner on northeast Syria energy project
Saudi, US firms to explore oil and gas in northeast SyriaProject follows Assad's ousting, lifting of US sanctions Consortium includes Baker Hughes, Hunt Energy, ACWA Power, TAQA, Argent LNGBy Timour Azhari RIYADH, Feb 10 (Reuters) - Saudi Arabian and U.S.-based firms are set to form a consort...Reuters
an hour ago
Totalenergies CEO says final decision on Venus project in Namibia to be taken this year
Feb 11 (Reuters) - TotalEnergies TTEF.PA CEO Patrick Pouyanne:WE WILL SEE HOW TO GROW RENEWABLES PORTFOLIO IN ITALYWE WILL TAKE FINAL INVESTMENT DECISION ON VENUS PROJECT IN NAMIBIA IN 2026ON VENEZUELA WE ARE CLEAR WE EXITED BECAUSE IT CLASHED WITH OUR STRATEGY. IT WAS TOO EXPENSIVE AND TOO POLLUTIN...Reuters
2 hours ago
TotalEnergies CEO Says Expansion Of Cameron LNG Project Remains Open Possibility
Feb 11 (Reuters) - TotalEnergies TTEF.PA CEO Patrick Pouyanne:INDIA IS A POTENTIALLY GOOD LNG MARKET BUT MANY THERE STILL PREFER BURNING FUEL WHEN LNG PRICES ARE HIGHBANKERS ARE MORE HESITANT ON FINANCING LNG PROJECTSWE DID NOT TAKE 100% OF SHARES OF ZEELAND THIS MEDIA REPORT IS FALSEWE HAVE AN AGRE...Reuters
2 hours ago
Brent: Geopolitical tensions lift prices to one-week high – Deutsche Bank
Deutsche Bank analysts note that Brent has risen to around a one-week high as geopolitical risks around Iran intensify. Comments from President Trump on potential military moves and reports of possible tanker seizures have pushed Oil higher.Fxstreet
2 hours ago
Siemens Energy CEO: For Siemens Gamesa H2 Will Be Stronger Than H1
Feb 11 (Reuters) - Siemens Energy AG ENR1n.DE:SIEMENS ENERGY CEO: EUROPE TO TAKE BIGGEST SHARE OF 6 BILLION EUR CAPEX PLANSIEMENS ENERGY CEO: CURRENT SUPPLY OF RARE EARTHS IS SECURE, BUT WE NEED TO BE MINDFUL OF FUTURE SUPPLY SITUATION IN EUSIEMENS ENERGY CEO: REGARDING GAS TURBINE MARKET WE HAVE GO...Reuters
3 hours ago
WTI holds gains near $64.50 on supply concerns, Indian demand boost
West Texas Intermediate (WTI) Oil price gains over 0.5%, trading around $64.50 per troy ounce during the early European hours on Wednesday. Crude Oil prices advance amid persistent supply concerns linked to escalating United States (US)–Iran tensions.
Fxstreet
3 hours ago
China's Wuxi solar hub to create space photovoltaic platform
BEIJING, Feb 11 (Reuters) - China's solar hub of Wuxi is creating a space solar coordination platform, the eastern city's development and reform commission said in a Wechat post on Wednesday, following reports that Tesla TSLA.O CEO Elon Musk visited Chinese solar companies.Here are some deta...Reuters
3 hours ago
