Carl Icahn’s empire loses $6 billion in a day after short seller report

[ad_1] May 3 (Reuters) – Carl Icahn’s empire took another hit on Wednesday when his holding company’s shares plunged further in the aftermath of a critical report from short seller…

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…

Hindenburg takes on billionaire Icahn with latest short position

[ad_1] May 2 (Reuters) – Hindenburg Research said on Tuesday it has a short position in activist investor Carl Icahn-controlled energy-to-pharma conglomerate Icahn Enterprises (IEP.O), making it the latest in…

Energy firms in Germany join up for sea-to-inland hydrogen route

[ad_1] FRANKFURT, April 25 (Reuters) – Seven companies in Germany’s energy sector said on Tuesday that they had formed an alliance to bring clean hydrogen from the seashore to centres…

Exxon declares force majeure on crude liftings in Nigeria

[ad_1] HOUSTON, April 17 (Reuters) – (This April 17 story has been corrected to reflect that divestiture had not been concluded in paragraph 3) Exxon Mobil Corp. (XOM.N) in Nigeria…

Singapore imports of Russian naphtha surge as EU ban shifts flows

[ad_1] NEW DELHI, April 6 (Reuters) – Singapore’s imports of Russian naphtha nearly tripled in the first quarter of 2023, government data showed, after the European Union banned oil products…

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…

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…