Shell 2022 profit more than doubles to record $40 bln

Fourth-quarter profit of $10 bln beats estimates Shell to repurchase $4 bln in shares Shares up 2.5% by 1002 GMT LONDON, Feb 2 (Reuters) – Shell (SHEL.L) delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy prices after Russia’s invasion … Read more

Turkey’s push into Iraq risks deeper conflict

SARARO, Iraq, Jan 31 (Reuters) – Looming over the deserted village of Sararo in northern Iraq, three Turkish military outposts break the skyline, part of an incursion that forced the residents to flee last year after days of shelling. The outposts are just some of the dozens of new military bases Turkey has established on … Read more

Biden says no F-16s for Ukraine as Russia claims gains

Russian administrator claims foothold in Vuhledar Kyiv says Russian gains come at huge cost Think-tank says delay in Western arms halted Ukraine’s advance KYIV, Ukraine/WASHINGTON Jan 30 (Reuters) – The United States will not provide the F-16 fighter jets that Ukraine has sought in its fight against Russia, President Joe Biden said on Monday, as … Read more

Fighting intensifies in east Ukraine, Kyiv seeks more weapons

Fighting intensifies in east Ukraine – Ukrainian officials Ukraine says it needs more weapons, calls for sanctions Western allies agreed this week to provide tanks Russia says U.S. president holds key to ending fighting KYIV, Jan 27 (Reuters) – Russia has stepped up attempts to break through Ukraine’s defences with heavy fighting in the north … Read more

Davos 2023: Greta Thunberg to meet IEA chief Birol

DAVOS, Switzerland, Jan 18 (Reuters) – Greta Thunberg is set to meet International Energy Agency (IEA) executive director Fatih Birol in Davos on Thursday, organisers of a fringe round-table event at the World Economic Forum’s (WEF) annual meeting told Reuters. The Swedish activist is due to meet Birol along with fellow campaigners Helena Gualinga, Vanessa … Read more

Exclusive: Europeans dial down the heating, heed calls to save energy

BERLIN, Jan 18 (Reuters) – Europeans have dialled down their heating this winter, apparently heeding government calls to conserve energy amid the Ukraine crisis, with some delaying switching it on by almost a month and setting the temperature lower, data shows. The data, from hundreds of thousands of smart thermometers installed in households across the … Read more

Norway naval officer denies negligence in oil tanker collision

OSLO, Jan 16 (Reuters) – A Norwegian naval officer on Monday denied negligence leading up to the 2018 collision between a warship he commanded and an oil tanker in which the military vessel sank. Building a replacement for the lost Helge Ingstad frigate would cost up to 13 billion crowns ($1.3 billion), the armed forces … Read more

Iranian oil exports end 2022 at a high, despite no nuclear deal

LONDON, Jan 15 (Reuters) – Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite U.S. sanctions, according to companies that track the flows, on higher shipments to China and Venezuela. Tehran’s oil exports have been limited since former U.S. President Donald Trump … Read more

Police move on coal mine protesters barricaded in abandoned German village

LUETZERATH, Germany, Jan 11 (Reuters) – Hundreds of police began clearing climate protesters out of an abandoned village on Wednesday in a showdown over the expansion of an opencast lignite mine that has highlighted tensions around Germany’s climate policy during an energy crisis. The protesters formed human chains, made a makeshift barricade out of old … Read more

Traffic in Suez Canal normal after ship breakdown dealt with, SCA says

CAIRO, Jan 9 (Reuters) – Shipping traffic in the Suez Canal was proceeding normally on Monday after tugs towed a cargo vessel that broke down during its passage through the waterway, the Canal Authority said. The breakdown was expected to cause only minor delays, with convoys of ships resuming regular transit by 11:00 local time … Read more