Current price of oil as of April 29, 2026
At 9 a.m. Eastern Time today, the price of oil sits at $113.99 per barrel, using Brent as…
What Does the UAE’s Exit From OPEC Mean for America, the World and Gas Prices?
The United Arab Emirates is set to quit OPEC after nearly 60 years. This is a structural shift…
China Petroleum & Chemical Corp stock (CNE100000296): Why energy security now tests its integrated m
As global energy demand surges from AI and electrification, does Sinopec’s vast refining and chemicals network position it…
How tech is improving safety across energy sites
With many operational oil rigs around the world celebrating their 50th birthday across this decade, the technology inside…
UAE exit reshapes global oil market
The United Arab Emirates has announced its withdrawal from OPEC and the broader OPEC+ alliance. The UAE, with…
Why Perdana Petroleum Berhad’s (KLSE:PERDANA) Shaky Earnings Are Just The Beginning Of Its Problems
Perdana Petroleum Berhad’s (KLSE:PERDANA) stock showed strength, with investors undeterred by its weak earnings report. Sometimes, shareholders are…
China Petroleum & Chemical Corporation Reports Earnings Results for the First Quarter Ended March 31, 2026
China Petroleum & Chemical Corporation reported earnings results for the first quarter ended March 31, 2026. For the…
Decision by the UAE to leave OPEC shakes up alliance that influences oil prices worldwide
A cargo ship sails in the Persian Gulf towards Dubai port as seen from Ajman, United Arab Emirates,…
United Arab Emirates to leave OPEC on May 1
A view of the damaged part of the Dubai Creek Harbour Tower after it was hit by an…
Breaking | UAE to leave Opec, Opec+ oil groups, for national interest, global demand
The United Arab Emirates announced on Tuesday that it will leave the Organization of the Petroleum Exporting Countries…
Ecopetrol move could mark Brazil production debut
If it goes ahead, Ecopetrol entering Brava Energia will give the Colombian company access to its first barrels of…
SPE Egypt Launches Workshop on Energy Innovation
A high-level workshop organized by the Society of Petroleum Engineers (SPE)has kicked off on April 28, focusing on…