Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria.FactsThe ...

Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...

Oil steadied after a lackluster session as traders continued to weigh diverging signals over supply and demand. West Texas Intermediate edged up 0.3% to settle above $68 a barrel, notching its ...

We are also committed to the future of the industry.” Wise words from an Opec representative, these could have been spoken ...

The Organization of the Petroleum Exporting Countries and allies are expected to go ahead with their plan of increasing oil ...

- The US Department of Interior has announced its plan this week to pursue the reopening of 82% of the National Petroleum Reserve-Alaska to leasing and energy project development as well as mining.

MOSCOW (Reuters) - Russian President Vladimir Putin spoke to United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan about OPEC+ cooperation and Russia-U.S. talks on Ukraine, the ...

Horizon Oil, in partnership with Matahio Energy, agreed to acquire certain interests onshore Thailand from ExxonMobil. Horizon Oil Ltd., through subsidiary Horizon Thailand Investments Pty Ltd ...

President Donald Trump on Monday threatened a 25% tariff on any nation purchasing oil and gas from Venezuela, ratcheting up his dispute with the Latin American country over immigration with a move ...

Western officials have accused Russia and its proxies of staging dozens of attacks and other incidents across Europe since ...