In the early 2010s, OPEC’s hold on the market began to slip, thanks in part to the billions of barrels Sheffield and Pioneer had unleashed in West Texas. Faced with this new threat, the cartel ...
Chevron has launched a $48 billion project to develop a major oilfield in Kazakhstan, one of the world’s largest oil reserves ...
The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day ...
Crude futures are headed for weekly declines after U.S. President Trump outlined plans to boost domestic production and said ...
OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.
Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production ...
US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the ...
Oil prices were steady on Friday but were set for a weekly decline, ending four straight weeks of gains, after U.S. President Donald Trump announced sweeping plans to boost domestic production while ...
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