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Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.
OPEC+ jolted markets by announcing it would flood the market with more oil.
Shell trimmed the second-quarter outlook for its integrated gas division output and liquefied natural gas production and ...
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...
AI in Oil and Gas Market to Reach USD 7.1 Billion by 2030, Expanding at 13.5% CAGR Through 2022–2030
The global AI in oil and gas market size was US$ 2.3 billion in 2021. The global AI in oil and gas market size is estimated to reach US$ 7.1 billion by 2030, growing at a compound annual growth rate ...
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices.
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Zainab Iyiola, a rising Nigerian researcher in petroleum engineering and data science, is gaining recognition on the global academic stage for her contribution to a groundbreaking study on enhanced ...
Allied Analytics Growing industrialization and offshore energy investments are driving demand for OCTG, with government support and shale d ...
NuVista Energy Ltd. Announces Updated Annual Production Guidance Due to Third Party Midstream Delays
NuVista Energy Ltd. (TSX:NVA, 'NVA' or 'NuVista') is providing revised guidance to our annual production volumes and ...
The US Oil & Natural Gas Pipe Market is projected to grow by US$ 1.59 billion from 2020 to 2026, progressing at a compound annual growth rate (CAGR) of 2.9% during the forecast period. This growth is ...
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