Oil and Gas

Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019.Maxim Shemetov | ReutersOil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new…

Saudi Arabia's King Salman bin Abdulaziz Al Saud.Bandar Algaloud | Courtesy of Saudi Royal Court | ReutersSaudi Arabia's King Salman bin Abdulaziz was admitted to hospital on Saturday in the Red Sea city of Jeddah to undergo medical…

Fossil fuels are ingrained in the global energy mix and companies continue to discover and develop oil and gas fields at locations around the world.Imaginima | E+ | Getty ImagesLONDON — The CEO of Standard Chartered believes it's…

In its annual review of oil and gas projects, Goldman names several energy stocks it expects to be "winners."Source link

The need for new charging infrastructure in the U.K. is likely to become increasingly pressing in the years ahead, not least because authorities want to stop the sale of new diesel and gasoline cars and vans by 2030.Chris Ratcliffe |…

Royal Dutch Shell products in Torzhok, Russia.Andrey Rudakov | Bloomberg | Getty ImagesShell has announced that it will write off between $4 and $5 billion in the value of its assets after pulling out of Russia following the country's…

A gas cooker is seen in Boroughbridge, northern England.Nigel Roddis | ReutersGermany has declared an "early warning" that it could soon be facing a natural gas emergency as Europe's largest economy prepares for the risk of a full supply…

Germany has some advice for Russian President Vladimir Putin: think about the consequences of asking for energy payments in rubles.Russia's Putin said last week that "unfriendly" nations would be asked to pay for their natural gas in…

A picture taken on November 10, 2019, shows an Iranian flag in Iran's Bushehr nuclear power plant, during an official ceremony to kick-start works on a second reactor at the facility.ATTA KENARE | AFP via Getty ImagesU.S. Special Envoy…

Qatar's foreign minister has said the conflict in Ukraine, and its geopolitical ramifications, is pushing some countries to explore new ways of pricing oil — not in the dollar.The comments, made Saturday by Mohammed bin Abdulrahman…