Browsing: OPEC Announcements

Ukraine’s defence agencies are claiming that their campaign of strikes on Russian oil infrastructure, combined with Western sanctions, are indirectly…

SM Energy and Civitas Resources announced an all-stock merger valued at about $2.8 billion in equity, or $12.8 billion including…

The giant Upper Zakum oilfield in the UAE could achieve its 2030 target to boost production capacity to 1.5 million…

Kodal Minerals said Monday its Bougouni lithium mine in southern Mali remains operational even as Islamist insurgents intensify a nationwide…

The advance in AI and the surge in data center build-out have pushed global energy investment needs to $4 trillion…

The United Arab Emirates doesn’t expect oversupply on the oil market as demand remains solid, the energy minister of one…

ExxonMobil would be forced to quit its business in Europe if the European Union doesn’t materially ease its sustainability regulations…

Sanctioned LNG vessels carrying liquefied natural gas from Russia’s sanctioned Arctic LNG 2 project are running into early winter ice…

Power generation in India plunged by 6% in October from a year earlier – the sharpest drop since the Covid…

Morgan Stanley raised its price forecast for Brent crude for 2026 to $60 per barrel from $57.50 following OPEC+’s decision…