Browsing: OPEC Announcements

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…

Morgan Stanley is merging its Global Energy and Global Power & Utilities investment banking teams into a single worldwide unit,…

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…