Sunday, August 9, 2026
Europe's energy giants turn greener, but paths and targets diverge- oil and gas 360

Europe’s energy giants turn greener, but paths and targets diverge

Reuters LONDON – Europe’s top oil and gas companies, which account for roughly 7% of global crude consumption, have committed themselves to greenhouse gas emission reduction targets which vary in scope, timelines and detail, making them hard for investors to compare. Graphic: European oil companies – share of global consumption – here   And what does this mean, say, for

Oil’s freefall halted by hope of action from central banks, OPEC- oil and gas 360

Oil’s freefall halted by hope of action from central banks, OPEC

Houston Chronicle Oil rebounded from its worst week since 2008 as the world’s central banks sought to stabilize financial markets, while hopes grew that OPEC+ will deepen output cuts following the coronavirus outbreak. Futures rose as much as 4.4% in New York, after sinking 16% last week. Russia, which is due to meet other OPEC+ members in Vienna this week,

Oil up as hopes of OPEC cut, stimulus counter virus gloom-oil and gas 360

Oil up as hopes of OPEC cut, stimulus counter virus gloom

Reuters LONDON – Oil prices rose on Monday, reversing an earlier fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak. Brent crude LCOc1 was at $50.62 a barrel, up 95 cents, by 1448 GMT, having earlier hit its lowest since