The U.S. Energy Information Administration has revealed that global oil supplies exceeded demand in 2025, leading to a sharp decline…
Browsing: OPEC Announcements
Billionaire Harold Hamm’s Continental Resources will buy assets from Argentina’s Pan American Energy, Bloomberg reported on Monday, in the latest…
Venezuela’s state oil firm PDVSA has started reducing oil production and has asked its joint ventures, including those with Chevron,…
Venezuela has shipped out about a dozen oil tankers carrying crude and petroleum products in recent days, with vessels departing…
Billions of barrels of Venezuela’s oil claimed by major state-owned Chinese and Russian companies under current deals are now in…
Russia is keeping its sanctioned LNG trade with China alive during the winter thanks to an ice-class vessel capable of…
The former chief of Latin American operations at U.S. supermajor Chevron is in discussions with investors to raise $2 billion…
President Donald Trump threatened he would impose further tariffs on India for its continued imports of Russian crude oil, Reuters…
QatarEnergy and the Egyptian government have inked a preliminary deal for the supply of at least 24 cargoes of liquefied…
The United States will keep what it calls an oil quarantine on Venezuela even after U.S. forces bombed Caracas and…