Browsing: OPEC Announcements

Kuwait targets to raise its oil production capacity to 4 million barrels per day (bpd) by 2035 from just over…

Solid cash flow allowed Shell (NYSE: SHEL) to keep the pace of its quarterly share buybacks and raise dividend despite…

Russia has been supplying crude oil to Cuba repeatedly over the past few years and supplies will continue, the Russian…

The government of Mark Carney will remove a 2035 internal combustion engine car ban and instead boost incentives for electric…

Russia sees no danger for its oil exports from the trade deal that the U.S. president sealed with his Indian…

Houston, Texas-based refiner Phillips 66 (NYSE:PSX) has exceeded Wall Street estimates for the fourth quarter as U.S. refining margins posted…

The European Union’s biggest economies – Germany, France, and Italy – will lead the bloc’s efforts to build stockpiles of…

Uniper is not concerned that Europe now gets more than half of its LNG supply from the United States, as…

The current financing model for most LNG export projects, where banks require a large part of the future volumes to…

Russia’s flagship crude, Urals, is being offered in India at a widening discount to Brent, with the differential now at…