Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its ...
Oil prices posted their steepest weekly loss in three months, as the market, already concerned about weakening demand, coped ...
LONDON/MOSCOW, May 2 (Reuters) - OPEC and its allies have yet to begin formal talks on extending voluntary oil output cuts of ...
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...
Scott Sheffield, the founder and former CEO of Pioneer Natural Resources, faces serious allegations from the Federal Trade ...
The U.S. Federal Trade Commission (FTC) on Thursday barred former Pioneer Natural Resources CEO Scott Sheffield from joining ...
A US regulator on Thursday alleged a former oil chief executive tried to collude with Opec members to raise American petrol ...
Sheffield, the FTC alleges, "campaigned to organize anticompetitive coordinated output reductions between and among U.S.
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 ...
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered its forecast for non-OPEC supply growth for this year and next.
While oil prices remained relatively stable throughout Q1 2024, gas prices sank to multi decade lows, hitting US$1.55 per ...