Browsing: OPEC Announcements

Winter storm Fern has slashed U.S. oil and gas production as operators curtailed output amid the big freeze.Over the weekend,…

Chinese state-owned giant PetroChina, which hasn’t bought Venezuelan crude since the U.S. imposed sanctions on Venezuela in 2019, is not…

India’s energy sector offers $500 billion in investment opportunities, including in exploration, refining, and LNG, Indian Prime Minister Narendra Modi…

Saudi oil giant Aramco has issued a $4-billion bond as it tapped the debt market for the first time this…

U.S. natural gas prices dipped today amid profit-taking by traders, after soaring by over 117% in the five days to…

The cold spell that swept across the United States this weekend has caused a drop in oil production of up…

Venezuela expects fresh oil investments of some $1.4 billion this year, which would be up from $900 million last year,…

Petrobras and its logistics arm Transpetro have signed new contracts worth about 2.8 billion reais (roughly $520 million) to build…

U.S. oilfield services firm Baker Hughes said it sees a significant revenue opportunity in Venezuela as sanctions constraints ease and…

U.S. President Donald Trump has taken the first formal step toward reopening offshore oil and gas leasing off California, after…