Scott Sheffield, the founder and longtime CEO of Texas oil producer Pioneer Natural Resources, attempted to collude with OPEC ...
The OPEC+ group is currently cutting output by 5.86 million bpd ... Pioneer's former CEO from Exxon's board on allegations he ...
OPEC+ is expected to prolong oil output cuts into the second half of the year as it seeks to stave off a global surplus and ...
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...
OPEC and its allies have yet to start formal talks on extending voluntary oil output cuts of 2.2 million barrels per day ...
The end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means that alternatives cannot ...
Opec-plus members may finally be ready to start discussing how to unwind their historic production cuts as the second half of ...
While oil prices remained relatively stable throughout Q1 2024, gas prices sank to multi decade lows, hitting US$1.55 per ...
ADNOC increased its oil production capacity to 4.85 million bpd ahead of the next OPEC meeting. The country’s stated aim is ...
The United Arab Emirates’s main oil company said it had bolstered its production capacity, a month before the country meets ...
Investors sold oil at the fastest rate for more than six months amid signs that Israel and Iran have chosen not to escalate ...
Abu Dhabi faces less financial pressure to keep prices high and has been keen to deploy new investments in production ...