The Kashagan oilfield, which began production in 2013, is expected to hit the landmark 1 billion barrels of cumulative production…
Browsing: OPEC Announcements
A $570-billion German asset manager has sold all its shares in ExxonMobil as it has found the U.S. supermajor doesn’t…
Make UK, a manufacturing industry body, has warned that sky-high energy costs for industrial consumers are compromising the country’s future…
EIA Data Signals Bearish Headwinds for Oil Investors Amidst Record Supply and Softening Demand The latest revelations from the U.S.…
EOG Resources Forges Dominant Utica Position with $5.6 Billion Encino Acquisition EOG Resources, a perennial heavyweight in the U.S. shale…
U.S. Refiners Set for Strong Summer as Driving Season Kicks Off with Robust Demand The U.S. energy market is buzzing…
India’s Diesel Export Surge Reshapes Global Fuel Dynamics India, a pivotal player in global energy markets, is significantly ramping up…
The fragile equilibrium of Libya’s oil sector faces renewed scrutiny as recent arrests in Tripoli and stern warnings from the…
The global oil market is grappling with an increasingly opaque supply dynamic, as Iranian crude continues to flow into key…
Supreme Court Greenlights Uinta Basin Railway: A Game Changer for U.S. Oil Transport The United States Supreme Court has delivered…