India’s March fuel demand soars on robust economic activity

[ad_1] April 10 (Reuters) – India’s fuel consumption jumped to a record high in March, data showed on Monday, fuelled by robust economic activity in the world’s third biggest oil…

Sweden sends diving vessel to probe leaking Nord Stream pipelines

[ad_1] Europe investigates ruptured Russian pipelines Kremlin again suggests West responsible for damage West, Russia locked in energy standoff Britain faces risk of gas shortages STOCKHOLM/OSLO, Oct 3 (Reuters) –…

Reaction: OPEC output cuts to roil markets

[ad_1] April 2 (Reuters) – A surprise production cut by Saudi Arabia and other Middle East producers has caught the energy industry flat-footed and will lift global prices with little…

Shell puts a stop to Singapore biofuels, base oil projects

[ad_1] SINGAPORE, March 30 (Reuters) – Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore, a company spokesperson…

Oil drops 1% as US in no rush to refill strategic reserve

[ad_1] US Energy Sec Granholm says refilling SPR likely to take years Dollar falls to lowest since Feb 3 Policymakers signal slowdown in interest rate hikes by U.S. Fed Gasoline…

Brazil environment agency frustrates Petrobras plan to drill at the mouth of the Amazon

[ad_1] BRASILIA, March 20 (Reuters) – Brazil’s environmental regulator Ibama has asked oil company Petrobras (PETR4.SA) for additional information on its plan to drill at the mouth of the Amazon…

French strikes continue to block refinery shipments and LNG terminals

[ad_1] PARIS, March 20 (Reuters) – Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated…

IPC CEO urges Canada to offer more funding to build carbon capture

[ad_1] March 19 (Reuters) – International Petroleum Corp (IPCO.TO), the first foreign oil company to sanction a project in Canada’s oil sands in more than a decade, could add carbon…

Nord Stream blast inquiries ongoing, Denmark, Sweden, Germany tell UN

[ad_1] UNITED NATIONS/COPENHAGEN, Feb 21 (Reuters) – Investigations by Denmark, Germany and Sweden into explosions on the Nord Stream gas pipelines have not yet concluded, the three countries said on…

Low demand prevented electricity red alerts in France

[ad_1] March 16 (Reuters) – A drop in power consumption from October to February, mild weather and imports from neighboring countries ensured France avoided electricity grid red alerts this winter,…