OILG

Germany secures LNG supply commitments as Russia sees new gas price surge

Germany secures LNG supply commitments as Russia sees new gas price surge

Russia has sharply reduced gas flows via Nord Stream Germany racing to secure alternative gas imports Floating LNG terminals a stopgap until fixed units built Berlin says Moscow using blackmail, Russia cites sanctions FRANKFURT/BERLIN, Aug 16 (Reuters) – Germany secured a commitment on Tuesday from major gas importers to keep two floating liquefied natural gas …

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Five Chinese state-owned companies, under scrutiny in U.S., will delist from NYSE

Five Chinese state-owned companies, under scrutiny in U.S., will delist from NYSE

SHANGHAI/HONG KONG/NEW YORK, Aug 12 (Reuters) – Five U.S.-listed Chinese state-owned companies whose audits are under scrutiny by the U.S. securities regulator said on Friday they would voluntarily delist from the New York Stock Exchange. Oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS), Aluminium Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and a separate …

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Australia's Viva Energy presses state to approve LNG import terminal

Australia’s Viva Energy presses state to approve LNG import terminal

Logo of refiner and fuel distributor Viva Energy, is pictured in Corio, Victoria, Australia, June 28, 2020. REUTERS/Sonali Paul/File Photo Register now for FREE unlimited access to Reuters.com Register MELBOURNE, Aug 5 (Reuters) – Viva Energy (VEA.AX) on Friday urged an Australian state panel to let it to build a floating gas import terminal to …

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U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks

U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks

High prices, margins lift majors to best quarters in history Exxon earnings surpass previous record set in 2012 July 29 (Reuters) – The two largest U.S. oil companies, Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for …

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Sakhalin Energy wants LNG buyers to pay via Moscow-based bank, change currency

Sakhalin Energy wants LNG buyers to pay via Moscow-based bank, change currency

A general view of the liquefied natural gas plant operated by Sakhalin Energy at Prigorodnoye on the Pacific island of Sakhalin, Russia July 15, 2021. Picture taken July 15, 2021. REUTERS/Vladimir Soldatkin Register now for FREE unlimited access to Reuters.com Register TOKYO, July 29 (Reuters) – Russia’s Sakhalin Energy Investment Co has asked its liquefied …

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