Browsing: OPEC Announcements

Commodity trading major Vitol will provide $2 billion in loans for the Ugandan government, to be used for energy infrastructure…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw yet another large draw, this…

Saudi Arabia’s Midad Energy has emerged as one of the leading contenders to buy Russian oil major Lukoil’s international assets,…

Venezuela’s state oil company PDVSA is facing wider crude discounts, stuck cargoes, and growing pressure from buyers to rewrite trading…

The price of Russia’s crude has tumbled over the past three months to its lowest level since Russia invaded Ukraine…

Shell has restarted a process to sell its minority 37.5% stake in the Schwedt refinery in Germany, whose majority shareholder…

Pakistan and Russia are discussing a potential cooperation agreement in the oil sector, including in exploration, production, and refining, Pakistani…

Amid major policy shifts, next year will see the first-ever decline in annual solar power capacity installations, following the weakest…

U.S. energy investor Kimmeridge has offered to buy natural gas producer Ascent Resources for $6 billion amid a heated battle…

French oil and gas supermajor TotalEnergies is expanding its cooperation with Google and its footprint in long-term power purchase agreements…