Browsing: OPEC Announcements

British Oil and Gas giant Shell Plc. (NYSE:SHEL) needs an exploration breakthrough or a big merger after its oil reserves…

Oilfield services firm Transocean (NYSE:RIG) will acquire offshore rig contractor Valaris (NYSE:VAL) in an all-stock deal valued at ~$5.8B, where…

Money managers have increased bullish wagers on crude oil to the highest levels in months, with renewed geopolitical risk tied…

The giant Tengiz oilfield in Kazakhstan has returned 60% of its peak production and was pumping at a rate of…

Vitol expects global oil demand to peak around the middle of the 2030s, due to forecasts of slower uptake of…

Germany is proposing that renewable energy developers pay for connecting to the grid in new regulations that would replace the…

Indian refiners are poised to halve imports of Russian crude oil following the U.S.-India trade deal, sources with direct knowledge…

India’s largest state-owned refiner, Indian Oil Corporation (IOC), has boosted purchases of crude oil from ?West Africa and the Middle…

The government of New Zealand has shortlisted proposals to have its first LNG import terminal operational by early 2028 as…

The Namibian government will not recognize an asset acquisition deal involving TotalEnergies and Petrobras because they did not follow procedure.In…