Browsing: OPEC Announcements

Abu Dhabi’s national oil company, ADNOC, has restored most of the Murban crude supply to its partners in the onshore…

Arabian Gulf Oil Company (AGOCO), wholly owned by the National Oil Corporation of Libya, has completed repairs on a crude…

India is concerned with a U.S. Senator’s proposal to slap a 500% tariff on goods imported in America from countries…

The Trump Administration has rescinded licensing requirements for U.S. exporters of ethane to China, paving the way to restoring the…

Crude oil prices opened weaker today following Wednesday’s release of U.S. oil inventory data that confirmed API’s estimate of a…

Saudi Arabia and Indonesia this week signed preliminary agreements for investments worth $27 billion in oil, petrochemicals, and alternative energy,…

Global crude oil production declined by 1% last year, for the first time since 2020, averaging 72.58 million barrels daily,…

Oil and gas activity in the U.S. Eleventh District slipped into contraction in the second quarter of 2025, according to…

French nuclear fuel giant Orano’s uranium mining subsidiary in northern Niger is on the verge of bankruptcy, raising alarms over…

Supermajors ExxonMobil, Chevron, TotalEnergies, and Eni are competing in Libya’s first oil bid round in 18 years, ‏Masoud Suleman, chairman…