Russia ready to restore oil exports
Industry
Russia says it is nearly ready to restore supplies of uncontaminated oil to Europe through both north and south branches
Industry
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Trump hammers oil price with China tariff threat
Industry
Oil prices tumbled today (Monday) after Donald Trump said he would increase tariffs on Chinese goods this week, risking trade
Qatar criticises US over Iranian sanctions
Industry
Qatar has criticised Donald Trump’s decision to block all exports of Iranian oil, saying the sanctions mainly hurt the countries
Turkey and Iran eye bartering to dodge US sanctions
Industry
Turkey and Iran are reportedly hoping to establish a bartering system to bypass US sanctions after Washington ended waivers for
Lavrov accuses US of open Nord Stream meddling
Industry
Russia’s veteran foreign minister, Sergei Lavrov, has accused the US of “brazenly” meddling in the Nord Stream 2 gas pipeline
Ex-VW CEO faces up to 10 jail term
Industry
Ex-Volkswagen CEO Martin Winterkorn and four senior colleagues have been charged with fraud over the diesel emissions scandal. Winterkorn is
Saudi bond sale breaks emerging markets record
Industry
Risk premiums on Saudi Aramco’s US$12 billion of bonds rose in New York yesterday (Wednesday), a day after investors channelled
Ryanair breaks into EU’s pollution top 10
Industry
Irish budget airline Ryanair has become the first company not involved with coal combustion to be named in the list
Dutch output boosts Parkmead profits
Industry
Increasing production in the Netherlands has lifted Aberdeen-based oil firm, the Parkmead Group, into profit as it also announced progress
Wintershall looks to Russian expansion ahead of merger
Industry
BASF’s oil and gas subsidiary, Wintershall, which is set to complete its merger with upstream producer DEA by late June,
Gazprom’s 2019 European exports fall
Industry
Russian gas supplies to Europe and Turkey for this year are 8.2 per cent lower year on year as warmer
Novak promises Russian compliance with Opec+ cuts
Industry
Russian Energy Minister Alexander Novak says the country’s oil producers will be fully compliant with Opec-led supply cuts over the
Shell defends CEO’s €20m pay
Industry
Royal Dutch Shell has defended a 126-per-cent increase in pay to its CEO Ben van Beurden, who received €20 million
US commission sues Volkswagen and ex-CEO
Industry
Volkswagen this week faced a lawsuit accusing it of defrauding US investors with the Securities and Exchange Commission (SEC) saying
Petrofac boss loses Italian legal appeal
Industry
The boss of oil services firm Petrofac, which designs, builds and operates oil and gas terminals, has lost his appeal