OPEC+ oil-producing countries are expected to approve an additional increase in their production target for July during their upcoming meeting on Sunday, three sources told Reuters, even as geopolitical tensions a ...
Saudi Arabia’s crude oil exports to China are set to decline further in June, as Chinese refiners reduce demand in response to higher prices linked to US –Iran tensions, industry sources said to Reuters.
Leading oilfield services providers SLB and Baker Hughes expect a rise in global spending on oil exploration and production, as supply disruptions linked to the Middle East conflict underscore the need for greater ...
Russia’s state income from oil and gas is projected to fall sharply in February to around 410 billion roubles, nearly half the level recorded in the same month of 2025. The decline is attributed to the appreciatio ...
OPEC+ is expected to approve another production hike of at least 137,000 barrels per day (b/d), at its upcoming meeting on Sunday, three sources familiar with the discussions told Reuters. The move comes as higher ...
The International Energy Agency (IEA) forecasted a rise in global oil production by 2.7 million barrels per day (mmbl/d), to record 105.8 mmbl/d in 2025, as a reflection of the OPEC+ decision to ease back its earl ...
bp, the British oil giant, posted higher expectations for upstream production during Q2 2025 compared to Q1 2025. The company projects higher oil production and operations primarily in bpx Energy, while slightly h ...
The Organization of the Petroleum Exporting Counties (OPEC) announced that it revised down the oil demand growth expectations for 2025 to 1.3 million barrels per day (mmbbl/d) compared to last year.
The World Bank (WB) has expected that Egyptian Oil & Gas exports will increase by 30.6% to $23.5 billion during the fiscal year (FY) 2022/23.
According to a document from the Russian economy ministry, higher gas export volumes coupled with increasing gas prices will increase Russia's energy export revenue to $337.5 billion this year, up 38% from 2021.
