Browsing: OPEC Announcements

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose this week, growing by an…

Cenovus Energy is in talks with a coalition of Canadian Indigenous groups to jointly acquire oil sands rival MEG Energy,…

Brent crude prices are on track for a sharp decline in the coming months, with the U.S. Energy Information Administration…

The OPEC+ producers raised their combined crude oil production by 335,000 barrels per day (bpd) in July, below the 411,000…

The world’s biggest sovereign wealth fund, Norway’s $1.9 trillion oil fund, cut its equity stakes in the biggest international oil…

Sinochem has delivered its first cargo of Middle East crude as the Chinese state-owned energy and chemicals giant looks to…

The world’s biggest coal exporter, Indonesia, is looking to diversify in more Asian markets as it faces declining import demand…

Crude oil prices rebounded today, after dipping on Monday, following the news that the U.S. will delay the imposition of…

NextDecade, the company building the Rio Grande LNG plant, has secured funding of a total $3 billion for the expansion…

Ford will invest $5 billion in the production of a new line of EVs and batteries, despite the Trump administration’s…