New OPEC Plan Sets Off a Global Race for Spare Capacity
OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum sustainable production capacity.
OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum sustainable production capacity.
The rollback boosts oil demand and slows the EV transition, reversing policies that could have cut U.S. fuel use by…
Pemex' debt now includes $105B in financial debt and $20B in unpaid supplier bills.
A new market report forecasts the global Artificial Intelligence in mining market will nearly quadruple by 2032 as the industry…
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More NewsMurban crude has evolved from a supplemental grade in the Dubai basket into a major global benchmark.
1 day agoUpstream spending is expected to reach $41 billion in 2026 as countries like Nigeria, Angola, Senegal, Côte d’Ivoire, and Namibia court supermajors.
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1 day agoGreece, Italy, and the UK are reopening offshore oil and gas exploration as domestic output becomes essential to curb reliance on costly LNG imports.
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1 day ago