Browsing: OPEC Announcements

Indian state-owned Oil and Natural Gas Corporation Limited (ONGC), the biggest oil and gas explorer and producer in the country,…

The years of very rapid growth in U.S. crude oil production are behind us, in large part due to the…

Oil prices rose early on Thursday amid signs that inventories are low in the peak summer demand season and resurfacing…

Brazil’s Petrobras will discuss this week tweaking its mid-to-long-term strategic plan to potentially include a return to the retail fuel…

A second sanctioned LNG vessel has arrived at Russia’s Arctic project in two months, suggesting that loadings of the superchilled…

ExxonMobil has bought Mars crude produced offshore Louisiana for August delivery, for the first time in several days after briefly…

Belarus disconnected the second unit of its Astravets nuclear power plant on July 17 after a control system detected a…

Guyana’s government will reduce external borrowing for major infrastructure projects, Vice President Bharrat Jagdeo said, citing the country’s swelling oil…

A now three-day series of drone attacks on Iraqi Kurdistan’s oilfields, leading to a shut-in of 150,000 bpd and ratcheting…

U.S. shale drillers are scaling back as crude prices drift into the red zone for profitability, according to Quantum Capital…