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Reuters
Norway’s Equinor Eyes Sale of Stake in Statfjord Field, Presentation Shows
Norway's Equinor is considering selling a 28% stake in Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes…
LNG
Japan's Mitsui Nears Decision to Join New Sakhalin-2 Operator, Nikkei Reports
The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru HanaiJapanese trading firm Mitsui & Co is close to mak…
Natural Gas
German Finance Minister Writes to Brussels Over VAT Exemption for Gas Levy
German finance minister Christian Lindner has written to the European Commission seeking permission to waive value-added tax on a new gas price levy for a limit…
OPEC
Iraq’s July Oil Output Rises by Around 70,000 Bpd, Somo Data Show
Iraq pumped 4.584 million barrels per day (bpd) of oil in July, up by 69,000 bpd from June, data from state-owned marketer SOMO seen by Reuters showed on Wednes…
Oil Price
Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices
Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in oil income, according to preliminary data cited…
OPEC
OPEC+ May Keep Production Quota Unchanged at Next Week’s Meeting
The OPEC+ group will decide at the meeting next week whether they should keep production targets steady, or a small output hike, eight anonymous OPEC+ sources t…
United States
Surge in U.S. Renewable Diesel Supply Won’t Offset Loss of Petroleum Diesel
A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity f…
Nuclear Power Plant
Japan Calls for Strict Examinations in Nuclear Oversight, According to Draft Document
Japan will move forward with the safe restart of nuclear power plants and include strict examinations in its nuclear regulatory oversight, the final draft of …
Russian Federation
Russia's Gazprom Continues Shipping Gas to Europe via Ukraine
The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022. REUTERS/Reuters photographer/File PhotoRussia…
India
India Faces Wider Coal Shortages, Worsening Power-Outage Risks
India is expected to face a wider coal shortage during the quarter ending September over expectations of higher power demand, an internal power ministry present…
Natural Gas
British Regulator Poised to Approve Shell North Sea Gas Project
A British regulator is expected to approve in the coming days a revised plan by Shell to develop a North Sea gas field, which had been initially rejected on env…
Saudi Aramco Shows Interest in Buying Valvoline’s Commercial Unit
Oil giant Saudi Aramco has approached motor oil and lubricant maker Valvoline Inc to buy its segment that caters to commercial customers, sources familiar with …
Electric Car
Japan's Subaru to Build its First Electric Vehicle Factory
The logo of Subaru Corp. is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 25, 2017. REUTERS/Toru HanaiSubaru Corp aims to build a dedicated elec…
Electric Car
Hyundai Motor in Talks with Georgia to Build EV Plant in the U.S.
Reuters reported on May 9 (local time) that Hyundai Motor Group is in talks with officials in Georgia to build a new electric vehicle (EV) plant in the U.S. sta…
Wind Turbine
Siemens Gamesa Starts to Install New Generation of Wind Turbines in Brazil
Siemens Gamesa has begun installing a new generation of machines for onshore wind power in Brazil, Felipe Ferres, the company's general director in the country …
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