OPEC’s Oil Production Continued to Decline in January
OPEC’s oil production declined in January for a second consecutive month amid lower output from Iran and Nigeria,…
Back in Iraq: BP Puts $25B On the Table
BP is about to make a big bet on Iraq—again. After years of false starts, geopolitical chaos, and…
Court Quashes Hopes for New Oil, Gas in UK’s North Sea
A Scottish court has ruled the government approval of two new oil and gas projects in the North…
BP’s High-Stakes Return to Kirkuk
The history of the British Petroleum Company (bp) in Kirkuk and Iraq can be traced back to the…
Angola’s Oil Sector Making A Comeback After OPEC Exit
In 2023, Angola officially announced that it was leaving OPEC amid a disagreement over oil production quotas, ending…
Govt wants exported crude oil to go to domestic refineries instead – Economy
he government’s decision to redirect some crude oil initially allocated for export may worsen the oil and gas…
Indonesia Aims to Boost Oil Output to 1 Million Bpd in Four Years
Jakarta. The Indonesian government has set an ambitious target to increase crude oil production to between 900,000 and…
Cutting off oil is Canada’s nuclear option. What would it mean if it happens?
In Canada’s arsenal of possible responses to a Trump tariff, the nuclear option is the threat to withhold,…
Saudi Economy Set for Strongest Growth in Years Amid OPEC+ Supply Boost
Saudi Arabia’s economy is set to grow by 4.4% next year, accelerating to the highest in three years…