Browsing: OPEC Announcements

Russia is preparing to launch a state-backed insurance company to cover oil and commodity exports along the Northern Sea Route,…

China has increased its underground gas storage capacity by the most of any country since 2022, the International Gas Union…

TotalEnergies and its partners are close to restarting construction and engineering work on the huge $20-billion LNG export facility in…

The U.S. is increasing pressure on Hungary to cut off its reliance on Russian oil imports and vows to work…

After years of restructuring and cost-cutting efforts, UK-listed oilfield services group Petrofac on Monday filed for administration, following the termination…

Iraq is in discussions with OPEC to review its oil production quota as output capacity rises, Hayan Abdul Ghani, the…

India imported 19.93 million tons of crude oil last month, a 1.7% increase from August, the Economic Times reported, citing…

India needs more local discoveries of oil and gas in order to be able to meet future energy demand, the…

A “wave” of new liquefied natural gas production capacity set to come on stream this year and in 2026 will…

Oil prices edged higher in early Asian trading on Monday, lifted by optimism over a new trade framework between the…