The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again this week, this time…
Browsing: OPEC Announcements
Russian President Vladimir Putin has extended a ban on the sale of Russian oil and petroleum products to buyers that…
Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a record 13.5…
As China’s natural gas demand growth slows, domestic gas producers are lobbying the authorities to raise the number of gas-fired…
Per Japanese government instructions, refiner Taiyo Oil has bought a cargo of Russia’s Sakhalin crude to ensure stable production of…
A high-stakes financial negotiation between Saudi Arabia’s state oil giant, Aramco, and Nigeria, Africa’s largest crude producer, faces significant hurdles.…
India’s Solar Boom Signals Long-Term Pressure on Fossil Fuel Demand India, a critical player in global energy markets, recently demonstrated…
Investment firms Brookfield Asset Management and KKR could be potential bidders to buy South Korea’s third-biggest industrial gas supplier, DIG…
UK Commits $19.3 Billion to Nuclear, Reshaping Energy Investment Landscape The United Kingdom is making a substantial strategic pivot in…
Solar Finance Stumbles, O&G Investment Outlook Improves The financial foundations of the U.S. residential solar sector have experienced a significant…