Peg Mackey –

Iraqi tribes say Lukoil project must fuel better life

August 24, 2021 at 4:57 p.m.

Al-Toraba, BASRA, Iraq (Reuters) - Sheikh Mansour Hamid al-Imara clutches his prayer beads and watches a huge new oil facility nearing completion across the road from his village, hoping that...

Iraq sees hefty return to oil growth in 2014

August 24, 2021 at 4:45 p.m.

BAGHDAD (Reuters) - Iraq, OPEC's second biggest oil producer, expects a robust return to growth next year as foreign companies at work in its southern oilfields push output towards the...

Baghdad, Big Oil on alert for retaliation to a Syria strike

August 24, 2021 at 3:05 p.m.

ARBIL, Iraq/LONDON (Reuters) - Baghdad and foreign oil companies at work in Iraq's giant oilfields are adopting extra security measures in anticipation of retaliatory attacks if the United States strikes...

Europe oil probe seeks market abuse evidence in 2010-2013

August 24, 2021 at 10:11 a.m.

LONDON (Reuters) - The European Commission is asking oil traders across the continent to provide evidence of market abuse to determine whether companies sought to manipulate prices reported to leading...

Exclusive: Hungarian ethanol firm says it alerted EU over Platts pricing

August 24, 2021 at 9:39 a.m.

LONDON (Reuters) - A Hungarian ethanol producer said it alerted the European Commission over the role of price agency Platts in setting prices, feeding into an investigation of three major...

EU probes oil majors on price manipulation

August 24, 2021 at 9:42 a.m.

LONDON/OSLO (Reuters) - European authorities have raided offices of oil majors Shell, BP and Statoil in an investigation of suspected manipulation of oil prices, one of the biggest cross-border actions...

U.S. to overtake Saudi as top oil producer: IEA

August 23, 2021 at 5:29 p.m.

LONDON (Reuters) - The United States will overtake Saudi Arabia and Russia as the world's top oil producer by 2017, the West's energy agency said on Monday, predicting Washington will...

U.S. to overtake Saudi as top oil producer: IEA

August 22, 2019 at 6:51 a.m.

LONDON (Reuters) - The United States will overtake Saudi Arabia and Russia as the world's top oil producer by 2017, the West's energy agency said on Monday, predicting Washington will...

Oil price reporting escapes regulation

December 24, 2018 at 5:12 p.m.

LONDON (Reuters) - Global financial regulators have backed away from a proposal to regulate oil price reporting media, recommending a set of guidelines that largely reinforce their existing practice in...

Iran feels sanctions pain as oil income slumps

December 24, 2018 at 6:40 a.m.

LONDON (Reuters) - Iran's state finances have come under unprecedented pressure and the resilience of ordinary people is being tested by soaring inflation as oil income plummets due to tightening...

All Stories