According to a recent Reuters report, Asian refining companies are looking for crude oil to replace Kuwait's supply as the country cuts nearly one-fifth of ......

Pedro Fretas, Chief Financial Officer of Brazilian chemical giant Brasco, recently stated that the new cycle of global petrochemical products and polymers will ......

British oil and gas producer Ithaca Energy has recently reduced investment and postponed some oil and gas projects this year and next due to the UK government i......

The German federal government recently stated in a report on measures to alleviate high household energy costs that gas prices are expected to remain high until......

On August 22-24, the 15th BRICS Leaders' Meeting was held in Johannesburg, South Africa. The meeting announced the official launch of the expansion agenda, ......

Neptune Energy announced an agreement to create new “digital twins” of two offshore platforms in the Dutch North Sea, expanding its portfolio of digitized asset......

The surprise OPEC+ cuts not only lifted international oil prices but also strengthened the bullish futures structure of the main Middle Eastern benchmarks, off ......

If fully delivered, the newly announced OPEC+ cuts would further tighten an already fundamentally tight oil market, drive Brent towards $100 per barrel sooner t......

Hours after OPEC+ announced it would reduce its combined oil production by more than 1 million bpd, Goldman Sachs issued a revision of its oil price forecast, r......

On Sunday, OPEC+ announced a surprise production cut of some 1.16 million barrels per day, increasing the total OPEC+ cut to 3.66 million bpd.Oil prices soared ......