Browsing: OPEC Announcements

Norwegian state-owned utility Statkraft announced plans on Wednesday to slash annual costs by 2.9 billion NOK ($292 million) by 2027,…

The Dangote oil refinery in Nigeria, Africa’s largest crude processing facility, is set to ship its first gasoline cargo out…

Tokyo Gas, the biggest city gas supplier in Japan, doesn’t import LNG from Middle Eastern exporters so its supply of…

China’s trade-in subsidy program for electric vehicles has been axed in at least six provinces because the money has run…

The Mozambique LNG project should resume operation “this summer”, the chief executive of the facility’s operator, TotalEnergies, told media this…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell sharply, by 10.133 million barrels…

Egypt has begun rolling out a full-scale emergency energy plan, scrambling to balance limited fuel supplies against surging national demand…

Brent crude spiked over 2.5% on Tuesday after Israel launched an airstrike on Iran’s underground uranium enrichment facility at Natanz,…

The currencies of several major Asian oil importers are ripe for depreciation with the spike in international crude oil prices,…

The European Union should be open to re-evaluating the ban on Russian gas imports it is currently seeking to enforce…