Bloomberg
COP28 chief’s global tour begins with a defense of fossil fuels
Tuesday, February 7, 2023, 6:37 AM MST
Oil and gas will have a key role to play even as the world shifts to cleaner energy and climate…
BP slows retreat from oil as Russia war drives record profit
Tuesday, February 7, 2023, 6:21 AM MST
BP plc said it will cut oil and gas output more slowly this decade after the supply disruption caused by…
BP mulls deals to expand oil and gas production amid profit boom
Tuesday, February 7, 2023, 6:13 AM MST
BP plc may pursue acquisitions to expand its oil and gas portfolio as the company scales back promises to sharply…
Oil extends rebound as Saudi Arabia bets on more demand in Asia
Tuesday, February 7, 2023, 6:08 AM MST
Oil rallied as Saudi Arabia signaled confidence in the demand outlook with a surprise boost in crude prices, while investors…
There are signs a stronger China rebound will boost oil: IEA
Monday, February 6, 2023, 6:29 AM MST
China’s economy could be poised for a stronger-than-anticipated rebound that’ll deliver a demand boost for oil and natural gas, according…
Saudi Arabia unexpectedly raises oil prices for next month
Monday, February 6, 2023, 6:25 AM MST
Saudi Arabia unexpectedly raised oil prices for its main market of Asia, while also lifting those for US and European…
OPEC chief sees more upbeat outlook with China reopening
Monday, February 6, 2023, 6:21 AM MST
OPEC’s top official said he sees a “more upbeat” economic outlook as China reopens after several years of virus restrictions.…
Oil climbs from one-month low after slump as Cehyan pipe halted
Monday, February 6, 2023, 6:15 AM MST
Oil rose as a major oil pipeline was temporarily halted, while key producers flagged stronger Chinese demand just as more…
OPEC output slides as group sticks with deal to balance market
Friday, February 3, 2023, 6:34 AM MST
OPEC’s crude output edged lower last month as the group pressed on with an accord to keep global markets in…
Shell plans major work at Europe’s biggest oil refinery in March
Friday, February 3, 2023, 6:26 AM MST
Shell plc plans to carry out major work from March at its Pernis refinery, Europe’s biggest oil-processing complex, according to…
Oil heads for second weekly drop amid ongoing signs of weakness
Friday, February 3, 2023, 6:13 AM MST
Oil headed for a second weekly decline as dimming optimism over a recovery in Chinese demand and rising US stockpiles…
Teck completes sale of Fort Hills stake to project partners; exits oilsands
Friday, February 3, 2023, 6:03 AM MST
Teck Resources Ltd. says it has completed the sale of its 21.3 per cent stake in the Fort Hills oilsands…
