Browsing: OPEC Announcements

Chevron and state-owned Israel Natural Gas Lines Ltd have signed an agreement to build a natural gas pipeline from Israel’s…

Commodity trading giants Vitol and Glencore are set to formally bid to buy Chevron’s 50% stake in a major refinery…

The United States and Russia continue to discuss economic cooperation, including in the Sakhalin 1 oil project, Russian Deputy Foreign…

President Donald Trump is “bullying” countries into revising their climate change targets, net-zero advocate Al Gore has said, adding that…

Two independent Chinese refiners have started buying feedstock for two bankrupt refineries that they acquired from a state-owned company, Reuters…

Crude oil prices held on to gains made earlier in the week today, as traders awaited the U.S. Federal Reserve’s…

Australia is making a major bet on biofuels as part of its net-zero ambitions. On Wednesday, the government announced it…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 3.420 million barrels in…

Plains All American Pipeline is grappling with a crude quality scare on its Permian-to-Corpus Christi system, raising questions for both…

OPEC+ delegates are gathering in Vienna this week to tackle one of the cartel’s most divisive issues: how to measure…