Browsing: OPEC Announcements

BP announced on Monday a significant oil and gas discovery in Brazil’s prolific offshore Santos Basin, the supermajor’s biggest in…

Elliott Management, the activist U.S. hedge fund with 5% in BP, is doubling down on its pressure on the UK…

Indian Oil Corporation, the biggest refiner in the country, has purchased about 7 million barrels of crude from the U.S.,…

Goldman Sachs has maintained its oil price forecast for Brent crude, seeing the benchmark averaging $64 over the fourth quarter…

Private Chinese oil companies are expanding their presence in Iraq, joining China’s state majors in pouring billions into the development…

China is restricting the supply of critical minerals to U.S. military manufacturers, the Wall Street Journal has reported, adding that…

Oil prices slipped in early Asian trading on Monday as OPEC+ confirmed another substantial production increase for September, continuing its…

A Kazakh appellate court has sided with the international oil majors operating the Kashagan oilfield, overturning a massive $4.2 billion…

OPEC+ is inching toward a pivotal decision this weekend: whether to greenlight another 548,000 bpd in production hikes for September,…

Enbridge posted record core earnings, or EBITDA, for the second quarter of the year on the back of strong liquids…