Oil Price Rout Is Good News for Importers
At the end of April, crude oil prices settled at the lowest in four years. The immediate reason…
Legacy Oil Producers May Define Next Chapter of Global Supply
Global oil markets are entering a pivotal phase as exploration-driven reserve replacement lags. With only a few bright…
Crude Oil Slips as Saudi Arabia Eyes Production Expansion
By Dipo Olowookere The Nigerian Exchange (NGX) Limited spent another day in the territory of the bears on…
OPEC+ plays key role in stabilizing oil markets during global turmoil
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+ played a central role…
Crude oil prices fall to $63.12 amid prospects of stronger supply from OPEC+
Last month, Brent and WTI marked their biggest percentage drops since November 2021 Oil prices extended their decline…
Saudi Signals and Trump Tariffs Are Cracking the Oil Market
Low inventories reported today by the Energy Information Administration (EIA) did nothing to staunch the bleeding, with WTI…
The Role of State-Owned Giants in the Modern Energy Landscape
The global oil industry for much of the 20th century was controlled by a powerful cartel of private…
Alaska LNG project aims to transform US energy exports to
Japan’s top power generator JERA, the world’s second-largest LNG buyer after China, may consider the $44 billion Alaska…
Woodside gives green light to massive Louisiana LNG project
Woodside Energy Group has approved the development of its Louisiana LNG facility, committing to a $17.5 billion investment…
Oil & Gas Sector Needs $17.4trn Investments By 2050, Says OPEC – The Whistler Newspaper
[mc4wp_form id=33047] The hydrocarbon sector requires cumulative investments of $17.4trn by 2050 to meet rising demand and to…
Crude oil prices climb above $67 on U.S.-China trade uncertainty
U.S. WTI crude gained 41 cents, reaching $63.43 Crude oil prices inched up in early trade on Monday…
Russian Oil and Gas Revenues Set for 22% Plunge in April
Russia is expected to see its oil and gas revenues for April slump by 22% from a year…