HOUSTON (Reuters) - Brent crude futures and options contracts traded on the Intercontinental Exchange (ICE) hit record volumes on Friday, surpassing levels seen during the COVID-19 pandemic as investors braced for a global trade war and OPEC+ oil output hikes. Heavy selling drove oil prices to four-year lows at the end of last week, marking the largest weekly decline in...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

WASHINGTON (Reuters) -The U.S. Environmental Protection Agency on Monday issued Texas' first permit to allow drilling to inject and store carbon dioxide to oil company Occidental. The company's Oxy Low Carbon Ventures received a so-called Class VI permit to drill three CO2 wells in Ector County in the Permian Basin for its Stratos direct air capture joint venture with asset...

WASHINGTON, April 7 (Reuters) - The U.S. Environmental Protection Agency on Monday issued Texas' first permit to allow drilling to inject and store carbon dioxide to oil company Occidental. The company's Oxy Low Carbon Ventures received a so-called Class VI permit to drill three CO2 wells in Ector County in the Permian Basin for its Stratos direct air capture joint...