Saudi Arabia may cut Jan Arab Light price to Asia for first time in 7 months

[ad_1] A worker fills a vehicle with petrol at a gas station in Riyadh, Saudi Arabia, February 16, 2020. REUTERS/Ahmed Yosri/File Photo Acquire Licensing Rights SINGAPORE, Dec 1 (Reuters) –…

Norway oil companies face higher investment costs due inflation

[ad_1] A general view of Equinor’s Johan Sverdrup oilfield platforms in the North Sea, Norway, December 3, 2019. REUTERS/Ints Kalnins//File Photo Acquire Licensing Rights OSLO, Nov 16 (Reuters) – Norwegian…

Nigeria’s state oil firm launches new ‘Nembe’ grade of crude

[ad_1] The new logo of the privatised Nigeria oil company is seen at the NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde/File Photo Acquire Licensing Rights…

Exclusive: Nigeria brings major Dangote refinery to life with own oil supply

[ad_1] The new logo of the privatised Nigeria oil company is seen at the NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde/File Photo Acquire Licensing Rights…

Saudi Arabia may hold Arab Light price to Asia steady for Dec

[ad_1] A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo Acquire Licensing Rights SINGAPORE, Nov 1 (Reuters) –…

Carlyle sells Gabon oil firm to France’s Maurel & Prom for $730 million

[ad_1] The logo of the Carlyle Group is displayed at the company’s office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato/File Photo Acquire Licensing Rights LONDON, Aug 15 (Reuters) –…

Libya’s NOC lifts force majeure on Hariga oil port

[ad_1] A view shows Sharara oil field near Ubari, Libya, July 6, 2017. REUTERS/Aidan Lewis TUNIS, April 26 (Reuters) – Libya’s NOC has lifted force majeure on oil loadings from…

OPEC oil output falls on Iraq, Nigeria outages, Reuters survey finds

[ad_1] LONDON, May 2 (Reuters) – OPEC oil output fell in April due to a halt in some of Iraq’s exports and delays to Nigerian shipments, a Reuters survey found…

EXCLUSIVE Baker Hughes, AXA Group, 16 others quit Nord Stream 2 pipeline -U.S.

[ad_1] WASHINGTON, Feb 24 (Reuters) – Baker Hughes Co (BKR.N) and AXA Group (AXAF.PA) and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and…

Norwegian oil drillers, unions call in mediator after wage talks fail

[ad_1] OSLO, May 20 (Reuters) – Wage talks involving thousands of Norwegian oil drilling workers broke down on Thursday, unions and employers said, raising the risk of a strike that…