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Meg O'Neill takes helm at BP pledging consistency, staff note shows
LONDON, April 1 (Reuters) - BP's new CEO Meg O'Neill told employees on Wednesday that she would provide consistency and the group could accelerate, a year after pivoting its strategy firmly back to oil and gas, according to a staff note seen by Reuters.O'Neill started the role on Wednesd...Reuters
24 minutes ago
Germany invests $58 million in Australian rare earth project
BERLIN, April 1 (Reuters) - The German government is investing up to 50 million euros ($57.93 million) in an Australian rare earth project to strengthen the raw material supply for German industry. The money will flow into Australia-based Arafura Rare Earths' Nolans project in the Northern Terr...Reuters
27 minutes ago
Germany invests $58 million in Australian rare earth project
BERLIN, April 1 (Reuters) - The German government is investing up to 50 million euros ($57.93 million) in an Australian rare earth project to strengthen the raw material supply for German industry. The money will flow into Australia-based Arafura Rare Earths' Nolans project in the Northern Terr...Reuters
27 minutes ago
Iranian missile hit oil tanker in Qatari waters, Qatar says
April 1 (Reuters) - An oil tanker leased to state-owned QatarEnergy was hit by an Iranian cruise missile on Wednesday in Qatari waters, the defence ministry said.Qatar was targeted by three cruise missiles coming from Iran, two were intercepted while the third hit the Aqua 1 fuel oil tanker, but cau...Reuters
41 minutes ago
PRECIOUS-Gold ticks up as dollar slips on Mideast de-escalation hopes
Trump says US could end Iran war within two to three weeksTrump to address nation on Iran at 9 pm EDT on Wednesday Gold rises to its highest level since March 20Dollar drops 0.4% on Iran de-escalation hopesBy Noel John April 1 (Reuters) - Gold prices rose on Wednesday to their highest in nearly t...Reuters
43 minutes ago
QatarEnergy Confirms A Missile Attack On A Fuel Oil Tanker
April 1 (Reuters) - QATARENERGY [RIC:RIC:QATPE.UL]:QATARENERGY STATEMENT ON A MISSILE ATTACK ON A FUEL OIL TANKERCONFIRMS AQUA 1 HAS BEEN SUBJECT OF A MISSILE ATTACK IN NORTHERN TERRITORIAL WATERS OF THE STATE OF QATAR IN EARLY MORNING HOURS OF WEDNESDAY 1 APRIL 2026QATARENERGY - NONE OF CREW MEMBER...Reuters
46 minutes ago
TABLE-UAE's Fujairah oil inventory data for week ended March 30
April 1 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended March 30, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change fro...Reuters
53 minutes ago
South African farmers grapple with rising diesel costs as harvest season approaches
South African farmers struggle with rising diesel pricesThey fear prolonged Iran war will keep prices elevatedFarmers also having difficulty sourcing fuelSouth Africa has sufficient crop stocks to lessen impact on food inflation-economistBy Sisipho Skweyiya LICHTENBURG, South Africa, April 1 (Reu...Reuters
an hour ago
Oil slides as Middle East uncertainty keeps markets on edge
U.S.-Israeli campaign against Iran could end within two to three weeks, Trump saysUncertainty lingers around developments and how supply chains can revive OPEC oil output falls in March, Reuters survey findsBy Jeslyn Lerh SINGAPORE, April 1 (Reuters) - Oil tumbled more than 3% on Wednesday, r...Reuters
an hour ago
WTI Price Analysis: Middle East war de-escalation restricts oil rally around $103.40
West Texas Intermediate (WTI), futures on NYMEX, is down 0.8% to near $96.60 in the early European trade on Wednesday. The oil price extends its correction from the three-week high of 103.33 posted on Tuesday on hopes of a ceasefire in the Middle East war.
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2 hours ago
TABLE-North Sea gas maintenance schedule
April 1 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTA...Reuters
2 hours ago
ROI-US natural gas supply outlook hinges on three key shale basins: Maguire
By Gavin MaguireLITTLETON, Colorado, April 1 (Reuters) - Natural gas touches almost every corner of the U.S. economy, fuelling power plants, homes, factories and the booming LNG export sector. But the supply needed to meet all those uses is coming from an ever-narrower slice of America's shale p...Reuters
2 hours ago
PRECIOUS-Gold steady near two-week highs on MidEast de-escalation reports
Trump says US could end Iran war within two to three weeksTrump to address nation on Iran at 9 pm EDT on Wednesday Gold rises to its highest level since March 20Dollar drops on Iran de-escalation hopesBy Noel John April 1 (Reuters) - Gold held steady on Wednesday after hitting a two-week high as ...Reuters
3 hours ago
US extends licence for Russian oil transit via Kazakhstan to China until March 2027, Ifx says
MOSCOW, April 1 (Reuters) - The U.S. Office of Foreign Assets Control extended the licence for Russian oil transit to China via Kazakhstan until March 2027, Interfax news agency on Wednesday cited the energy ministry of the Central Asian nation as saying.In 2024, the transit totalled 10.2 million t...Reuters
3 hours ago
Northern Minerals says Australia blocks Hong Kong investor from voting, selling most of stake
Northern Minerals is developing large source of heavy rare earthsChinese shareholders may have sold to related party in breach of 2024 orderThere are concerns that Chinese parties want control of the companyBy Melanie Burton and Roushni Nair MELBOURNE, April 1 (Reuters) - Northern Minerals NTU.AX...Reuters
3 hours ago
ROI-Iran war is both a boost and a threat to Australia's LNG: Russell
By Clyde Russell SYDNEY, April 1 (Reuters) - The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.One of the major beneficiaries is Aus...Reuters
4 hours ago
South Korea, Indonesia sign agreements on minerals, tech and finance during Prabowo visit
SEOUL, April 1 (Reuters) - South Korean President Lee Jae Myung held summit talks in Seoul on Wednesday with Indonesian leader Prabowo Subianto, where they agreed to expand cooperation on critical minerals, technology, and clean energy, Seoul's presidential Blue House said.The agreements also in...Reuters
4 hours ago
