The group’s latest Monthly Oil Market Report (MOMR) sees global oil demand reaching 96.27mn b/d this year, up by 5.89mn b/d from 2020. The previous report pegged this year’s demand growth at 5.79mn b/d. Opec said it has […]
A big unilateral cut by Saudi Arabia enabled Opec-plus to post the highest compliance rate so far with the oil production cuts it began implementing last May. The Saudis lowered their production by 979,000 barrels […]
Energy News Beat Publishers Note: Irina Slav is an excellent writer for Oilprice.com. In her industry insight article, she raises some great points and questions. It is always best to hear all sides of the […]
The turbines are expected to be the largest wind turbines in the world at the time of installation and have an individual capacity of 14 MW, Cadeler said. The contract, valued at approximately USD 120 […]
India’s obvious displeasure with restrictions on output imposed by OPEC and its allies, and its aim to diversify crude oil suppliers, may run into the harsh realities of the global market. The world’s third-biggest oil […]
Noble Midstream Partners finalized a deal with Chevron selling the oil giant the rest of its midstream oil and gas pipeline business, and the deal value has grown since Chevron first made its all-stock offer. […]
Public concern over nuclear safety is increasingly being weaponized by politicians sniping at neighboring countries they disagree with, potentially damaging the long-term viability of a clean energy source. The warning by International Atomic Energy Agency Director General […]
Japan can achieve its goal of being carbon neutral by 2050 without relying on nuclear power, a prominent backer of Prime Minister Yoshihide Suga said, indicating divisions in the ruling party on energy policy. Liberal […]
Times are getting tougher by the day for oil tanker owners. With too many vessels to haul fuel, losses for supertankers on a benchmark Middle East-to-China route deepened to $6,779 a day on Tuesday. That’s […]
India has asked state refiners to speed up the diversification of oil imports to gradually cut their dependence on the Middle East after OPEC+ decided last week to largely continue production cuts in April, two […]
Copyright © 2026 | Sandstone Group