Industry consultant Enverus has predicted that Venezuela will increase oil production 50% and hit 1.5 million barrels a day by…
Browsing: OPEC Announcements
Kazakhstan cut oil production in December by more than 200 Kb/d, with output averaging 1.522 million barrels per day in…
Brent Crude prices have the potential to hit $70 per barrel over the next three months amid heightened geopolitical risks,…
China is expected to see a plunge in imports of oil from Venezuela in February as the now month-long U.S.…
ExxonMobil and Shell have decided not to proceed with a planned sale of their joint assets in the southern UK…
The UK on Wednesday awarded a record-breaking 8.4 gigawatts (GW) capacity of offshore wind in its latest auction round, which…
India’s largest state-owned refiner, Indian Oil Corporation (IOC), has bought its first-ever crude from Ecuador as it seeks to replace…
BP expects to book up to $5 billion in impairments for the fourth quarter, mostly related to its energy transition…
China’s coal imports booked a decline last year, at 9.6% from 2024 to a total of 490 million tons. The…
More than two dozen sanctioned tankers have switched to a Russian flag since the start of December as a means…