The European Union is signaling a profound recalibration of its strategy to curb Russia’s oil revenues, proposing a significant overhaul…
Browsing: OPEC Announcements
Crude futures fell over 2% Thursday as traders reacted to fresh tariff threats from U.S. President Donald Trump, raising alarms…
So far in July, European natural gas markets have seen the lowest volatility in prices since 2021, but as summer…
The world will need as much as 19.5 million barrels per day (bpd) of new refining capacity by 2050 to…
Governments and policy makers must better anticipate and prepare for energy crises before they happen, drawing from past experience and…
Equinor has made a gas discovery close to its Johan Castberg oilfield in the Barents Sea and will assess a…
Greenergy, owned by commodity trading giant Trafigura, said on Thursday it would begin consultation on a proposal to cease production…
Grid operators in Europe are facing a shortfall of 250 billion euros, or $293 billion, in investments necessary to upgrade…
OPEC has refused accreditation for Reuters, Bloomberg, the New York Times, the Financial Times, and the Wall Street Journal for…
Saudi Aramco is in advanced talks to acquire 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from…