U.S. sanctions on the global operations of Russian oil heavyweights Rosneft and Lukoil enter into effect today, with some 48…
Browsing: OPEC Announcements
The U.S. federal government on Thursday announced plans to allow oil and gas drilling off the coast of California and…
Oil prices extended a multi-session slide in early Asian trading on Friday, weighed down by news of Zelenskyy agreeing to…
The recent announcement from Russia’s largest oil producer, Rosneft, regarding its interim dividend has sent a clear, albeit unwelcome, signal…
Exxon Mobil has finally lifted force majeure on the long-stalled Rovuma LNG project in northern Mozambique, clearing the first real…
Reliance Industries’ decisive halt of Russian crude imports into its massive Jamnagar refining complex as of November 20 marks a…
Ukraine’s Nuclear Output Loss Adds Geopolitical Fuel to Oil & Gas Markets The intensifying conflict in Ukraine, particularly Russia’s recent…
ExxonMobil’s recent move to secure a 40% undivided joint interest in Enterprise Products Partners’ new Bahia natural gas liquids (NGL)…
The East African Crude Oil Pipeline (EACOP) project is rapidly advancing, with its developers confirming a 75% completion rate. This…
Angola, a nation historically synonymous with African oil production, is now strategically pivoting to become a significant player in the…