Browsing: OPEC Announcements

Australia is making a major bet on biofuels as part of its net-zero ambitions. On Wednesday, the government announced it…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 3.420 million barrels in…

Plains All American Pipeline is grappling with a crude quality scare on its Permian-to-Corpus Christi system, raising questions for both…

OPEC+ delegates are gathering in Vienna this week to tackle one of the cartel’s most divisive issues: how to measure…

Chevron Chairman and CEO Mike Wirth recently addressed the company’s dual strategy of expanding traditional fossil fuel operations while simultaneously…

Russia’s oil producers may have to reduce output as intensified Ukrainian drone attacks have damaged critical export and port infrastructure.State…

The European Commission will address critical grid bottlenecks in European electricity infrastructure in a bid to avoid spiking power and…

The discount of Iranian crude selling in China has jumped to more than $6 per barrel compared to Brent, as…

The EU will delay the formal proposal of its 19th package of sanctions against Russia as it seeks to coordinate…

The Australian state of Victoria said on Tuesday it would delay its first offshore wind auction amid challenging investment climate…