The heads of France’s big energy companies on Sunday urged individuals and businesses to limit power consumption immediately to prepare for a looming energy crisis.
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Leaders of the Group of Seven rich democracies are having “very constructive” discussions on a possible cap on Russian oil imports, a German government official said on…
The Organization of the Petroleum Exporting Countries (OPEC) will launch the 2022 edition of its Annual Statistical Bulletin (ASB) on Tuesday, 28 June 2022, at 10:00…
OPEC and allied producing countries including Russia will likely stick to a plan for accelerated oil output increases in August, sources said, hoping to ease surging oil…
One of southern Russia’s largest oil refineries was struck by an apparent drone attack Wednesday, setting off a massive fire, authorities and media reported.
Pakistan’s energy minister, accompanied by that country’s ambassador to Tehran and Iran’s consultant energy minister, visited Iran’s macro-scale MAPNA Industrial Group and was briefed about its…
Tehran, IRNA – The vice president and the head of the Plan and Budget Organization of Iran announced here on Wednesday that selling oil today has become…
Newly elected Colombian President Gustavo Petro, centre, celebrates next to his wife Veronica Alcocer and his running mate Francia Marquez in Bogota, on Sunday after winning the…
The head of Moscow-controlled Crimea on Monday said that Ukraine has fired on oil drilling platforms off the coast of the peninsula that was annexed by Russia…
The leader of a Norwegian oil workers’ union said on Monday a wage deal struck with oil companies “had a lot of good things” and that he…
Oil prices swung higher in volatile trading on Monday, as traders focused on tight supplies over slowing global economic growth.
Brent crude futures settled…
The agreement on oil and gas cooperation was signed by the CEO of the National Iranian Oil Company in the presence of the Presidents of Iran and…
The common objective of the Organization of the Petroleum Exporting Countries and its non-OPEC partners has always been to maintain oil market stability, not to raise prices…
Russia’s Deputy Prime Minister announced the possibility of continuing cooperation with the OPEC-Plus coalition.
According to Reuters, Alexander Novak said on Thursday (June 16)…
Oil prices tumbled about 6% to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy and…
Oman’s Sultan Haitham bin Tariq meets with U.S. Secretary of State Mike Pompeo (not pictured) at al-Alam palace in Muscat, Oman February 21, 2020. Andrew Caballero-Reynolds
In May, the US State Department allowed Italian companies Eni and Spain’s Repsol to start importing Venezuelan crude in exchange for billions of dollars in debt. So…
The United States is selling 45 million barrels as part of a concerted plan to release crude oil reserves.
As part of a plan…
In its latest monthly report, the OPEC Secretariat maintained its forecast that oil demand in 2020 will exceed pre-Corona levels.
According to Reuters from…
Libya’s crude oil production reached 100,000 barrels per day following the closure of the country’s production and export facilities.
According to Reuters from Tripoli,…