Browsing: OPEC Announcements

Strathcona has made an offer to acquire sector player MEG Energy for the equivalent of some $4.25 billion in cash…

Hope your air conditioner’s feeling brave—because the U.S. power grid is about to get a workout it may not be…

In a significant escalation of the longstanding territorial dispute over the oil-rich Essequibo region made famous by a string of…

India is fast cementing its status as the world’s top engine of oil demand growth—overtaking China earlier than expected and…

Japan’s biggest oil refiners are following the latest trend among Big Oil to return to focus on fossil fuel supply.The…

Asia’s imports of refined petroleum products plunged in April to the lowest level since 2020, due to higher spring refinery…

Brazil’s Petrobras plans to return to Nigeria’s oil industry, to focus on deepwater exploration, Nigeria media have reported, citing a…

Venture Global, the LNG operator, has asked the Federal Energy Regulatory Commission to greenlight its third liquefaction plant, in Louisiana,…

XRG, the newly created energy investment firm of Abu Dhabi’s national oil company ADNOC, has taken a 38% stake in…

All the countries in the OPEC+ pact saw their combined crude oil production drop by 106,000 barrels per day (bpd)…