Browsing: OPEC Announcements

Exxon is reportedly in talks with the government of Trinidad and Tobago for oil exploration in up to seven offshore…

Strong demand for natural gas-related services helped Baker Hughes beat expectations for its financial performance in the second quarter of…

Oil prices edged higher in Asian trading hours on Wednesday, buoyed by growing optimism that a new U.S.-Japan trade pact…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, noting that inventories…

Mexico’s Finance Ministry announced Tuesday it will launch a new financial operation to support the country’s embattled state oil company,…

Despite posting second-quarter earnings in line with expectations, Halliburton Company (NYSE: HAL) warned on Tuesday that the oilfield services market…

Gasoline prices in the U.S. are flirting with a milestone not seen since 2021: a national average below $3 per…

CNOOC Ltd, China’s top offshore crude oil and natural gas producer, has launched production of heavy crude from its Kenli…

Indonesia prepares to sign an $8-billion contract with U.S. engineering company KBR Inc to help it build 17 modular refineries,…

Small refiners in the Shandong province, home to China’s independent refineries, are restarting operations under new ownership in a move…