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Exclusive: India warns palm oil buyers against Malaysian imports - sources

老虎机技术打法Indian palm oil importers have effectively stopped all purchases from Malaysia after the government privately warned them to shun product from the country following a diplomatic spat, industry and government sources said.

Oil price slides as hedge funds' buying fades: Kemp

老虎机技术打法Despite the increase in tensions across the Middle East after the killing of an Iranian general by a U.S. air strike, hedge fund managers added only modestly to their bullish position in petroleum last week.

The real price of Occidental's 'costless' oil hedge

老虎机技术打法In just 12 days, Occidental Petroleum Corp pulled off one of the biggest hedges against falling oil prices ever placed by a U.S. energy company. It characterized the transaction as "costless" but a Reuters review of regulatory filings, market data and interviews shows that's...

Exclusive: PDVSA's partners act as traders of Venezuelan oil amid sanctions - documents

老虎机技术打法Venezuela, its oil exports decimated by U.S. sanctions, is testing a new method of getting its crude to market: allocating cargoes to joint-venture partners including Chevron Corp <CVX.N>, which in turn market the oil to customers in Asia and Africa.

Latest News

Iraq appoints new head of oil contracts office: document

Iraq's oil minister Thamer al-Ghadhban appointed a new head for the ministry’s licencing and contracts office, which oversees oil contracts and negotiates energy deals with international companies, according to a ministry document reviewed by Reuters.

Petronas says fire at east Malaysian gas pipeline under control

Malaysia's state energy firm Petronas said on Monday that a fire on the Sabah-Sarawak Gas Pipeline in East Malaysia had been controlled.

Saudi Arabia has taken all precautions to ensure safety of oil facilities: Energy Minister

老虎机技术打法Saudi Arabia's Energy Minister said the kingdom has taken all precautions to ensure the safety of oil facilities after recent strikes in Iraq.

French hydropower reservoirs at record highs: EDF

French hydropower reservoirs are at historic highs, around 20% above average due to abundant rainfall and snow thaw in past months, state-controlled utility EDF said on Monday.

Saudi Arabia committed to oil market stability: energy minister

Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said on Monday the kingdom, the world's top crude exporter, would do "all it can" to ensure oil market stability at a time of heightened tension in the region.

Dutch insurer Aegon to reduce coal investments

Dutch insurer Aegon on Monday said it will gradually reduce holdings in companies generating revenue from coal-fired power plants, or coal mining, to support the transition toward a low-carbon economy.

Sabah-Sarawak gas pipeline exploded, situation under control: official

老虎机技术打法There was an explosion on Sunday on the Sabah-Sarawak Gas Pipeline in East Malaysia but the situation is now under control, a fire and rescue department official said on Monday.

China's biggest potash producer risks delisting amid third annual loss forecast

老虎机技术打法China's Qinghai Salt Lake Potash Co Ltd, the country's largest producer of potash, has forecast its third consecutive annual loss, an outcome that could result in the company's delisting from the Shenzhen Stock Exchange.

UAE's ADNOC agrees gas, petrochem deals with two Indonesian firms: WAM

Abu Dhabi National Oil Company (ADNOC) signed agreements with Indonesia companies Pertamina and Chandra Asri in the petrochemical and gas sectors, UAE state news agency WAM reported on Sunday.

Siemens to support Australian coal project despite protests

German engineering group Siemens <SIEGn.DE> said it would fulfil its contractual obligations to a controversial coal mining project in Australia's outback, attracting criticism from environmental groups on Monday.

Total halts distillation at Donges refinery as strike crimps crude supply

French oil group Total halted on Sunday a distillation unit at its Donges refinery on France's western coast due to lack of crude supply during the country's current strikes, the company said.

Putin: Nord Stream 2 pipeline will be finished by year-end or Q1 2021

老虎机技术打法Russian President Vladimir Putin said he hoped the Nord Stream 2 gas pipeline would be completed by the end of the year or in the first quarter of 2021, after sanctions imposed by the United States delayed construction.

Russia oil transit via Belarus has not been interrupted: official

The transit of Russian oil through Belarus has not been interrupted despite an energy row between the countries, Russian Deputy Energy Minister Pavel Sorokin said on Saturday.

Saudi Arabia's ACWA Power plans $10 billion of investments in 2020: CEO

Saudi Arabian utility developer ACWA Power is planning to invest about $10 billion in 2020 as it eyes new projects in some 10 countries, the company's chief executive said on Saturday.

UAE energy minister says all OPEC+ members committed to stable oil market

The United Arab Emirates energy minister said on Saturday all members of OPEC+ were committed to a stable oil market.

UAE investing to ensure energy resources well secured

老虎机技术打法The United Arab Emirates energy said on Saturday it was investing heavily to secure its energy resources.

Three years after $1 billion Venezuela deal, U.S. oilfield firm shuts doors

An Oklahoma oilfield company that played a central role in Venezuela's high profile attempt to convince the world it could halt production declines at its dilapidated oilfields has shut its doors, according to three people familiar with the matter.

U.S. refinery sales hit the brakes, with 5% of capacity on block

From coast to coast, U.S. refineries are available for the taking, but nobody is buying.

Oil falls below $65/bbl in first weekly drop since November

Oil fell below $65 a barrel on Friday in its first weekly loss since late November, erasing the week's risk premium added since a U.S. drone strike killed a top Iranian general as investors focused on rising U.S. inventories and other signs of ample supply.

EDF misses 2019 French nuclear power target

EDF's French nuclear power generation fell by a more than expected 3.5 percent last year, the state-owned utility said on Friday.