Browsing: OPEC Announcements

Canada’s Alberta province is facing one of its worst early-season wildfire crises in recent memory, with industry officials confirming on…

Crude oil prices were trading up nearly 4% on Monday afternoon, with analysts attributing the spike to escalating geopolitical tensions,…

The Kashagan oilfield, which began production in 2013, is expected to hit the landmark 1 billion barrels of cumulative production…

A $570-billion German asset manager has sold all its shares in ExxonMobil as it has found the U.S. supermajor doesn’t…

Make UK, a manufacturing industry body, has warned that sky-high energy costs for industrial consumers are compromising the country’s future…

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly…

EOG Resources is making a bold northeast push, announcing Friday it will acquire privately held Encino Acquisition Partners for $5.6…

U.S. gasoline consumption over Memorial Day weekend, the start of the U.S. driving season, rose by 2% from the same…

India is exporting more diesel on the east of Suez route into Southeast Asia in May, with shipments to the…

Libyan authorities have arrested three suspects accused of breaking into the headquarters of the National Oil Corporation (NOC), the Attorney…