Petrobras Lifts Business Plan 31% in Major Shift Under Lula
Brazil’s state-controlled oil giant Petrobras announced a 31% increase to its five-year investment plan in a major shift
2023-11-24 07:16
New York Court Gives Blessing on Venezuela Bond Standstill
A New York court backed a legal move by holders of Venezuela’s defaulted bonds on Wednesday to protect
2023-11-24 03:45
Namibia’s Oil Firm Strikes Deal With Gunvor After Record Loss
Namibia’s state oil company signed a supply deal with Gunvor Group Ltd. after reporting an “unprecedented” loss because
2023-11-24 00:46
Saudi Arabia Raises $11 Billion Loan to Help Fund Deficit
Saudi Arabia has raised $11 billion through a syndicated loan as it looks to fund a budget deficit
2023-11-23 23:56
Millennial Leader Takes Over Broke and Crime-Wracked Ecuador
Distressed debt, political assassinations, anti-mining unrest and soaring crime: Ecuador’s problems would be daunting for an experienced statesman.
2023-11-23 23:18
Angola Says It Plans to Remain in OPEC as Quota Spat Emerges
Angola, Africa’s second biggest crude producer, has no plans to leave OPEC+, an official said, following a broader
2023-11-23 20:25
Bearish Oil Options Hit Record Volumes as OPEC+ Delays Meeting
Oil options trading took a sharply bearish turn as the OPEC+ producer group postponed a pivotal output-policy meeting
2023-11-23 19:47
China Shifts Approach to Fatal Coal Mining Accidents to Ensure Supply Security
The latest fatal accident linked to coal production in China, this time caused by a fire in a
2023-11-23 11:15
Iranian Poverty Spread in ‘Lost Decade’ of Sanctions and Oil Swings, World Bank Says
Almost 10 million Iranians have slipped into poverty from a combination of sanctions, bad economic management and volatile
2023-11-23 10:56
OPEC+ Struggle Over African Quotas Forces a Delay to Meeting
Saudi Arabia and its oil allies are once again struggling with a dispute over output quotas for African
2023-11-23 10:17
Oil down 1% on bearish view of delayed OPEC+ meeting
Oil prices fell 1% in early trading on Thursday, extending losses from the previous session, after OPEC+ postponed
2023-11-23 09:59
Singapore Oil Trader OK Lim’s Luxury Bungalow Sold Below Guide Price
A property in Singapore owned by Lim Oon Kuin, founder of collapsed oil firm Hin Leong Trading Pte.,
2023-11-23 09:52