The International Energy Agency's (IEA) Executive Director, Fatih Birol, stated at the Singapore International Energy Week on Tuesday that even with the proposed price cap, the world's oil market will...

The Ghana National Petroleum Corporation (GNPC) invites applications for pre-qualification from internationally reputed geophysical service providers to carry out the Acquisition and Processing of 1200 sq.km of 3D Marine Seismic...

A source informed the Wall Street Journal on Tuesday that the European Commission (EC) presented a proposal outlining the steps companies may take to collectively buy natural gas; how natural...

In what appeared to be a concerted response to U.S. criticism of the cut, numerous OPEC+ producers backed the group's decision to lower production in November via several statements on...

Qatar's Energy Minister and CEO of the state-owned Qatar Energy, H.E. Eng. Saad bin Sherida Al Kaabi, has emphasised his nation and company's commitment to accelerating development, following the announcement...

The International Energy Agency (IEA) said on Thursday that falling crude oil prices and decreased oil exports caused a $3.2 billion decline in Russia's oil profits to $15.3 billion for...

A week after announcing a 2-million-bpd headline reduction to its collective oil production target, OPEC reduced on Wednesday its projections for the growth of the world's oil consumption in both...

After Saudi Arabia led the OPEC+ group to announce a significant cut in oil production last week, U.S. President Joe Biden is re-examining the country's relationship with the organization's de...

Despite the newly announced OPEC+ production restrictions, Saudi Aramco will continue to supply oil to consumers in Asia, according to Reuters, which cited anonymous people with knowledge of the situation....

Following its meeting on Wednesday, the OPEC+ group's Joint Ministerial Monitoring Committee (JMMC) reportedly proposed that the alliance reduce production by 2 million barrels per day (bpd) in November. According...