Browsing: OPEC Announcements

The members of the OPEC+ group boosted their production in September by 630,000 barrels per day (bpd) from August as…

Saudi Aramco can sustain its oil production at its maximum capacity of 12 million barrels per day (bpd) for a…

Algerian state oil and gas firm Sonatrach has signed a $5.4-billion exploration and production agreement with Saudi Arabian firm Midad…

Ukraine’s drone attacks on Russian refineries crippled both Russia’s fuel production and exports, with seaborne shipments in September plunging by…

Serica Energy plc has signed a preliminary deal to buy a 32% non-operated interest in the UK’s top producing gas…

Chinese coal imports surged in September to the highest level in nine months and the highest for 2025 amid falling…

Greenpeace has accused the British Crown Estate of inflating the cost of offshore wind through its monopoly on the UK’s…

A Very Large Crude Carrier heading for the Chinese port of Rizhao has been diverted to another port, after the…

Crude oil imports into China last month went up by 3.9% on September 2024, flowing at an average daily rate…

Oil prices rebounded in early Asian trading on Monday, recovering from sharp losses in the previous session as investors grew…