Browsing: OPEC Announcements

The U.S. Department of Energy has warned that blackouts could increase substantially in the coming years unless more baseload capacity…

China is not buying LNG on the spot market despite a seasonal increase in demand for electricity for air-conditioning, Bloomberg…

Chevron is preparing for a quick finalization of the Hess Crop. Acquisition, even as the two still await the decision…

A Greek-operated bulk carrier was attacked in the Red Sea on Monday in the second Houthi strike on commercial shipping…

Iraq’s Dhi Qar Oil Company has raised oil production by a combined 80,000 barrels per day across three strategic southern…

The government of Cyprus has confirmed a new natural gas discovery in the Pegasus-1 well located in Block 10, operated…

A government -backed fund is pledging more than £2 for a carbon capture project.Energy secretary Ed Miliband has said that…

U.S. supermajors ExxonMobil and Chevron, Indonesia’s state energy firm Pertamina, and other companies from the two countries are expected to…

The bad news for China’s refiners doesn’t seem to end—faced with weaker road transportation fuel demand, plants have churned more…

Shell expects to have booked “significantly lower” trading and optimization results for the second quarter compared to the prior quarter,…