News

OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...
On a quiet trading day, oil prices moved slightly lower due to expectations of another output hike from OPEC+ when the group meets on Saturday.
OPEC+ is accelerating its next meeting to approve a 411,000 b/d production increase as the group, led by Saudi Arabia, ...
As Iran-Israel tensions subside, regional focus shifts to Sudan and the Red Sea, where Gulf allies Saudi Arabia and the UAE are backing opposing sides in a growing proxy conflict.
Saudi Aramco is considering selling up to five power plants and increasing debt to sustain payouts to Saudi Arabia amid ...
Oil prices made a modest recovery as June ended, driven by easing Middle East tensions, strong summer gasoline demand, and ...
Brazil’s COP30 president-designate defended the country’s plans to boost oil production, arguing it can align with long-term ...
OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain ...
The UK has launched its first onshore wind strategy to rapidly expand capacity to 29 GW by 2030, aiming to strengthen energy ...
Wildfires and maintenance shutdowns slashed Alberta’s oil production to a two-year low in May, tightening heavy crude ...
Australia has awarded a $283 million grant to support the Hunter Valley Hydrogen Hub, a green hydrogen project aimed at ...
AI data centers are rapidly increasing power consumption with unpredictable spikes, creating grid stability concerns and ...