Browsing: OPEC Announcements

Shell will buy TotalEnergies’ 12.5% non-operated stake in the deepwater oilfield Bonga offshore Nigeria, where the UK-based supermajor plans to…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, by 4.236 million…

Iran is reportedly prepared to halt its uranium enrichment at 60% purity, which is just below weapons-grade, in what media…

China is considering easing its recently imposed export restrictions on rare earth elements for European semiconductor companies, Chinese media reported…

Russia could consider adjusting the oil price level in its so-called budget rule amid falling oil prices, Finance Minister Anton…

The value of Russian crude oil exports have sunk in May to the lowest level in over two years, data…

Tankers sanctioned by the United States in January have been used in recent ship-to-ship (STS) transfers of Russian crude on…

The Trump administration will grant Chevron the right to keep its operations in Venezuela after its sanction waiver expires in…

The Vancouver Fraser Port Authority is planning to dredge an inlet in order to be able to accept fuller oil…

With six little words, Elon Musk has relegated the oil industry to a historical footnote. This, despite the oil industry…