Browsing: OPEC Announcements

U.S. refiners are reassessing Latin American crude sourcing strategies after President Donald Trump’s administration granted Chevron the authority to resume…

Shell has taken a final investment decision (FID) on the development of the Mina West offshore gas field in Egypt’s…

The chief executive of Nayara Energy, Alessandro des Dorides, has resigned abruptly amid mounting fallout from newly imposed European Union…

Russia’s Federal Anti-Monopoly Service (FAS) has launched a formal case against a Gazprom subsidiary for sharply reducing gasoline sales on…

Italy’s Eni reported 25% lower profit for the second quarter of the year amid lower oil prices and a 2.6%…

Brazil has revised its rules for setting the reference price for crude oil produced in the country in a bid…

Demand for batteries used in electric vehicles is set to slow down further in 2026 because of changes in subsidy…

As Oilprice.com reported on Thursday, the Trump administration is preparing to grant limited new authorizations to oil companies operating in…

After nearly three years of lurching between panic and euphoria, U.S. natural gas markets are finally catching their breath. Volatility…

The United States has reportedly confirmed a new $235 million infrastructure deal in Libya’s energy sector, reinforcing its presence in a…