Browsing: OPEC Announcements

It could be years until China sees the results of the ongoing push to curb excess refining capacity and tackle…

Global petrochemicals trade could decline by 15% due to the U.S. tariffs upending destination flows, executives from the industry told…

Saudi Arabia has once again reduced the price of crude oil it sells to Asia, with the premium for the…

Kurdistan has lost some $28 billion from a dispute between the government of the semi-autonomous region, the central Iraqi government,…

A senior executive from shipping major Maersk has joined the chorus of bearish oil price predictions following OPEC+’s decision last…

Japan has reportedly tapped global consultancy Wood Mackenzie to study the long-proposed Alaska LNG pipeline and export terminal, signaling Tokyo…

Fermi has filed for a U.S. IPO as demand for artificial intelligence drives a boom in energy-hungry data centers, forcing…

China’s planned Power of Siberia 2 pipeline with Russia could displace the equivalent of one-third of the country’s LNG imports…

Chevron plans to invest heavily in petrochemicals and heavy oil upgrading in South Korea as part of a global strategy…

Oil prices rose on Monday despite OPEC+ confirming at its Sunday meeting that it will wind down more than 1…