Oil in Spotlight

Photo

Oil tops $78 as Hurricane Ida threatens output 4:45am GMT

PERTH (Reuters) - Oil prices rose to $78 a barrel on Monday, recouping some of the previous session's near 3 percent loss, on concerns that a powerful hurricane would cut U.S. oil and gas supplies.  Full Article   |  Video

 
Oil companies shut output in Gulf due to hurricane 2:31am GMT 

HOUSTON (Reuters) - U.S. oil companies were shutting production on Sunday as they evacuated workers from the Gulf of Mexico ahead of Hurricane Ida, which is forecast to roar across the offshore oil patch Monday before making landfall on Tuesday.  Full Article  

In Depth

Photo
Alternatives

North Sea production is well below its peak, Aberdeen diversifies.  Full Article 

The Shearwater platform is seen beside the Safe Scandinavia, an accommodation barge for 500 workers conducting maintenance on the Shearwater platform, in this handout photograph taken on September 30, 2009, and received in London October 7, 2009.  REUTERS/Ken Taylor/Royal Dutch Shell/Handout
What next?

Prospects of an end to North Sea oil, with no clear replacement.  Full Article 

 
A Nenets man works at his settlement near the remote village of Gornokniazevsk on the Yamal peninsula, above the polar circle some 2000km (1242 miles) northeast of Moscow in this February 27, 2008 file photo.  REUTERS/Vasily Fedosenko
Russian risk

The Nenets live on top of enough gas to heat the world for five years.  Full Article 

The island of Big Diomede sits in the morning mist on the Russian side of the Bering Strait as seen from the Russian research vessel Professor Khromov August 28, 2009.  REUTERS/Jeffrey Jones
Arctic studies

Tensions simmer among stakeholders amid exploration.  Full Article 

 
Photo
Former foes

Researchers gauge the impact of climate change on far north waters on a joint U.S.- Russian expedition.  Full Article 

A general view of an artificial island on Kashagan offshore oil field in the Caspian sea, western Kazakhstan August 11, 2009.  REUTERS/Shamil Zhumatov
New frontier

Kashagan is the biggest oil discovery since 1968, with reserves under the Caspian Sea.  Full Article 

 
 
Photo
Reuters Firsts

Reuters scores over 9,400 market moving firsts and exclusives each year.   Learn More