Hungary is releasing oil from its strategic petroleum reserves to ensure supply after Russian crude flows via the Druzhba pipeline…
Browsing: OPEC Announcements
The global crude oil market is once again showcasing its dynamic and complex nature, with significant shifts in trade flows…
Shell plans to proceed with a natural gas project in Venezuela following Washington’s issuance of so-called general licenses for energy…
After three weeks of persistent declines, crude oil prices have staged a significant rally, marking their first weekly gain driven…
The operational landscape for European energy assets remains a complex tapestry of geopolitical pressures, strategic divestitures, and a relentless drive…
Cenovus Energy delivered a powerful performance in the fourth quarter, showcasing substantial growth in net earnings and achieving record-setting upstream…
The intricate dance of geopolitics continues to cast a long shadow over global energy markets, creating both uncertainty and opportunity…
Global oil demand fell by 614,000 barrels per day (bpd) in December compared to November 2025, and plunged by 536,000…
The global energy landscape is undergoing a significant realignment, and investors must pay close attention to the shifting tectonic plates…
Turkey on Thursday slammed Greece’s “unilateral activities” in signing lease agreements with a Chevron-led consortium for exploration offshore southern Crete. “Greece’s…