Browsing: OPEC Announcements

Ukraine launched fresh drone attacks on Russian energy assets Thursday, hitting two refineries including Gazprom’s giant Neftekhim Salavat complex in…

The penalties proposed in the European Union’s climate and social responsibility legislation would be bone-crushing to any company, ExxonMobil’s chief…

SAIC Motor, one of China’s biggest state-controlled auto manufacturers, looks to significantly reduce its current 49% stake in its Indian…

Asia’s oil demand is growing in the autumn, too, whereas major importers like China keep stockpiling crude, so OPEC+ was…

The prices of key seaborne thermal coal grades rebounded in September from four-year lows in June and July as China…

The consumption of crude oil for power generation in the Middle East is on the decline, leaving more crude available…

The European Union, widely seen as a frontrunner in the energy transition, will miss the deadline set by the United…

Abu Dhabi’s energy major ADNOC has pulled a $18.7-billion bid for Australia’s Santos as the two failed to reach an…

Oil prices declined in Wednesday’s intraday trading after the U.S. Federal Reserve cut its benchmark interest rate by 25 basis…

Kazakhstan has restarted oil shipments through the Baku-Tbilisi-Ceyhan (BTC) pipeline after a one-month suspension, restoring a key westward export route…