Browsing: OPEC Announcements

In a dramatic escalation with sweeping implications for the U.S. nuclear industry, President Donald Trump has removed Nuclear Regulatory Commission…

As the confrontation between Israel and Iran intensifies, global oil and gas markets are on high alert—but not yet in…

Oil prices dropped nearly 4% on Monday, erasing much of last week’s conflict-driven gains, as traders reacted to signs of…

OPEC’s crude oil production rose by 180,000 barrels per day (bpd) to 27 million bpd in May, with producers part…

Amid heavy planned seasonal maintenance, crude oil processing at China’s refineries dipped by 1.8% in May from a year earlier,…

TotalEnergies plans to spend about 30% of its capital expenditure (capex) on boosting its integrated power business, Patrick Pouyanne, the…

All of Baker Hughes Middle Eastern projects are operating as normal, the oilfield services giant’s chief executive Lorenzo Simonelli has…

Australia’s Santos has said it would accept an $18.7-billion takeover offer made by a consortium led by Emirati Adnoc, which…

Brent crude futures opened more than 4% higher on Sunday evening, trading above $77 per barrel, as tensions between Iran…

Brent crude surged more than 8% on Friday, peaking at a 13% intraday gain, after Iran launched a wave of…