Browsing: OPEC Announcements

Russia’s oil producer Lukoil has agreed to sell most of its international assets to private equity giant Carlyle.Following the U.S. sanctions on…

Saudi Arabia may cut the price of its flagship Arab Light for March delivery yet again, Reuters has reported, citing…

Several energy companies imported liquefied natural gas into the United States, with the unusual move prompted by surging demand for…

In its first monetary policy decision of 2026, the Federal Reserve elected to hold the federal funds rate steady at…

Africa’s trade finance lender has unveiled a major new funding line for Angola’s national oil company, as the country seeks…

Serbia’s president has confirmed that Russia is prepared to sell its controlling stake in the country’s only oil refinery and…

Kazakhstan has filed a formal bid with the U.S. Treasury seeking authorization to buy out the Kazakh assets of Russia’s…

UK-based supermajors Shell and BP are seeking U.S. licenses to develop gas fields that Trinidad and Tobago shares with Venezuela,…

India needs liquefied natural gas prices in Asia to nearly halve in order to significantly raise LNG imports and consumption,…

Electric truck sales are booming in China, displacing not only petroleum product demand but also threatening to begin eroding LNG…