All options are on the table for the next summit of the OPEC+ coalition in March, including further cuts in oil production, Saudi Arabia's Energy Minister, Prince Abdulaziz bin Salman,?
Tankers Idle At Libyan Ports As Oil Exports Dry Up
Ten oil tankers capable of carrying some 8 million barrels of oil are idling near some of Libya's oil export terminals, tanker-tracking data monitored by Bloomberg showed on Thursday,?
Exxon Prepares Sale Of UK, German Oil & Gas Assets
As part of its global program to sell assets, ExxonMobil is about to launch a process to sell its upstream oil and gas operations in the UK and Germany, Bloomberg?
U.S. Shale Must Get Ready For Energy Transition, Oil Banker Says
The heart of the U.S. oil industry, Houston, should be ready to position itself as a leader in the energy transition as climate change concerns will change the industry over?
Brazil produced more than 1 billion barrels last year, the first time it has breached the 1-billion-barrel mark, Reuters reports, citing the country's oil regulator, ANP. The daily average?
Guyana's government is on the lookout for an oil company or oil trading firm to sell and market its brand new crude oil, according to the director of the Department?
As it struggles with its energy needs, Iraq is set to hold a fifth bidding round for exploration and development of natural gas fields in an eastern province of the?
Alexander Novak Keeps Energy Minister Job In New Russian Cabinet
Alexander Novak will continue to be the face of Russia's energy diplomacy at OPEC+ summits as he remains Russia's Energy Minister in the new government that President Vladimir Putin?
Aramco IPO Proceeds To Fund Saudi Defense Projects
Saudi Arabia will use part of the money raised through Aramco's initial public offering to strengthen its defense capabilities, Saudi Finance Minister Mohammed al-Jadaan told Reuters in an interview?
Oil Falls Further On Rising Crude, Product Inventories
The American Petroleum Institute (API) estimated on Wednesday a surprise crude oil inventory build of 1.57 million barrels for the week ending January 17, compared to analyst expectations of a?
