OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...

Output for December 2024 was revised higher by 59kb/d and November 2024 output was revised higher by 54 kb/d compared to last ...

The Organisation of the Petroleum Exporting Countries (OPEC) has assured of its commitment to unlocking Africa’s full oil potential, saying doing that remains the organisation’s top priority.The ...

Chevron is not alone. In January, BP began cutting around 4700 employees, around 5% of its workforce, and 3000 contractors – ...

The Brazilian oil producer has joined other majors including Exxon Mobil Corp. and Chevron Corp. who continued to reward ...

Just nine months ahead of the annual United Nations Climate Change Conference or COP30, Brazil has joined OPEC+, an alliance of major oil-exporting nations, reinforcing the country’s ...

Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating ...

Brazil's oil regulators have temporarily halted several drillship operations, potentially impacting the country's expected ...

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and ...

The decision ... formally paves the way for the participation of Brazil as a Member of the Charter of Cooperation between oil ...

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and ...