Browsing: OPEC Announcements

Crude oil benchmarks were trading even lower midday Wednesday, at prices lower than they’ve dipped for several months, even as…

Natural Gas Intel has reported exclusively that pipeline gas flows from the United States into Mexico are being reduced because…

Major U.S. oil companies and their top managers were targeted by sanctions by a Yemeni body affiliated with the Iran-aligned…

OPEC’s second largest producer, Iraq, plans to increase its oil production capacity to 5.5 million barrels per day (bpd) by…

Global investment firm KKR has acquired a minority stake in ADNOC Gas Pipeline Assets LLC, the gas pipeline network of…

India’s crude oil imports from Russia dropped by about 100,000 barrels per day (bpd) in September compared to August as…

Efforts by the Australian government to make sure there is sufficient supply of natural gas for the domestic market have…

The sovereign wealth funds of Gulf petrostates continue to be the top state investors globally despite weaker oil prices this…

Berkshire Hathaway is negotiating the acquisition of the petrochemicals business of Occidental Petroleum in a deal that could fetch $10…

Oil prices recovered slightly in early Asian trading on Wednesday after two straight sessions of steep declines, as traders weighed…