Browsing: OPEC Announcements

French private investment firm Ardian will buy Irish energy utility Energia Group from infrastructure investor I Squared Capital, as power…

Denmark is intensifying inspections on oil tankers passing through its waters, which are the gateway to and from the Baltic…

Sahara Group, the India-based energy and infrastructure conglomerate, plans to be producing 350,000 barrels of crude daily in Africa by…

Italy’s Eni has restarted drilling operations offshore Libya after a five-year break prompted by the Covid pandemic.The National Oil Corporation…

QatarEnergy struck a deal with Shell to buy a 27% interest in the North Cleopatra offshore oil and gas block…

On Sunday, OPEC+ agreed to raise oil output by 137,000 barrels per day (bpd) from November. The increase is equal…

Saudi Arabia’s grand Vision 2030 ambitions may be colliding with a colder fiscal reality. Fitch Ratings warned Friday that Riyadh…

Reuters and its anonymous sources are again stirring the oil market. This time, the wire says OPEC+ is preparing another…

Shares of USA Rare Earth (NASDAQ: USAR), which looks to develop a domestic rare earth magnet supply chain, surged by…

Kazakhstan backs the OPEC+ group’s decision to reverse part of the production cuts, Kazakh President Kassym-Jomart Tokayev said on Friday. “The…