Scott Sheffield, the founder and longtime CEO of Texas oil producer Pioneer Natural Resources, attempted to collude with OPEC ...
Oil prices posted their steepest weekly loss in three months, as the market, already concerned about weakening demand, coped ...
Sheffield, the FTC alleges, "campaigned to organize anticompetitive coordinated output reductions between and among U.S.
The OPEC+ group is currently cutting output by 5.86 million bpd ... Pioneer's former CEO from Exxon's board on allegations he ...
A US regulator on Thursday alleged a former oil chief executive tried to collude with Opec members to raise American petrol ...
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...
The U.S. Federal Trade Commission (FTC) on Thursday barred former Pioneer Natural Resources CEO Scott Sheffield from joining ...
OPEC convened a workshop today to address oil overproduction issues and devise comprehensive compensation plans to make up for previous overages, according to an official OPEC press release. The push ...
While oil prices remained relatively stable throughout Q1 2024, gas prices sank to multi decade lows, hitting US$1.55 per ...
Abu Dhabi faces less financial pressure to keep prices high and has been keen to deploy new investments in production ...
Crude oil futures traded higher on Friday morning as market reports indicated that OPEC+ (Organization of Petroleum Exporting Countries and allies) may continue with production output cuts beyond June ...