Browsing: OPEC Announcements

Chevron Corporation (NYSE: CVX) beat Wall Street estimates of its second-quarter profit as Permian production surged and U.S. and worldwide…

While Indian refiners are scrambling to understand the implications of President Trump’s threatened “penalties” on India for buying Russian oil,…

Pakistan’s leading exploration and production firm, Oil & Gas Development Company Limited (OGDCL), on Friday announced an oil discovery in…

Chinese solar power companies shed a third of their workforce last year, amid intense competition and overcapacity that drove losses,…

Chevron will transfer part of the oil it produces in Venezuela to the Maduro government, Bloomberg has reported, citing unnamed…

A California court ruled that refiner Phillips 66 will have to pay $800 million to a biofuels-making company for stealing…

U.S. crude oil production hit a new monthly record in May 2025, averaging 13.488 million barrels per day (bpd), according…

The European Commission is considering pooling demand from European companies to collectively purchase more U.S. liquefied natural gas—part of an…

China has certified 147 million barrels of oil reserves in a new shale play operated by state energy giant Sinopec…

Low oil prices may be squeezing U.S. shale producers, but Interior Secretary Doug Burgum isn’t worried. In a new interview…