Browsing: OPEC Announcements

Russia’s top oil producer, state-controlled Rosneft, has acquired the company that holds the license to operate and develop a giant…

Half of China’s truck sales are set to be electric vehicles by 2028, according to the top executive of Chinese…

Centrica has announced plans to sell off a big chunk of its holding in the Cygnus gas field in the…

Pertamina has been importing Russian crude oil complying with the Western sanctions, a top official at Indonesia’s state energy firm…

The U.S. federal government will extend a sanction waiver allowing Chevron to keep doing business in Venezuela by another 60-days…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose again, this time by 2.499…

Ukraine is urging the G7 to slash the price cap on Russian oil to $30 per barrel, down from the…

OPEC’s expectations of global oil demand growth “remain generally optimistic,” despite recent headwinds including risks to trade and the global…

Saudi Arabia’s goal is long-term oil market stability, while the Kingdom is always ready for multiple oil price scenarios, Saudi…

Australia’s Woodside Energy, the developer of the Louisiana LNG export project, expects global natural gas demand to jump by 50%…