Browsing: OPEC Announcements

Portugal’s energy giant Galp and the owners of Spanish refiner Moeve have agreed to advance discussions on a potential merger…

Intercontinental Exchange Inc (ICE) is extending Europe’s natural gas and power trading to 22 hours a day, in a major…

Despite the best exploration results in four years in 2025, Norway will need even more exploration and discoveries, as well…

Saudi Basic Industries Corporation (SABIC) has signed two separate agreements to sell its European petrochemicals business and the engineering thermoplastics…

Shell expects its chemicals and products division to swing to a loss in the fourth quarter of 2025, on the…

Chinese energy companies with operations in Venezuela have asked the government for guidance in how to protect their investments in…

Artificial intelligence could boost global copper demand by as much as 50% in the years to 2040, which will cause…

The Chinese industry ministry has sounded the overcapacity alarm for yet another industry: batteries. Battery makers have grown unrestrained, and…

The Iraqi government has approved a move to take over operations at the West Qurna 2 oilfield under provisions in…

Four key Opec+ producers have pledged to deepen their compensation cuts in the first half of 2026 as the organization…