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Opec
Oil Price
US Oil Surges Above $64 on Anniversary of Sub-Zero Plunge
Prices have since added more than $100 per barrel, following production cuts by Opec+ as well as resumption of mobility
Oil Field
Iraq Awards China’s Sinopec Contract to Tap Natural Gas Resources
China’s state-run Sinopec energy company won a deal to develop a major gas field in eastern Iraq.
Electric Car
Sinopec Announced that It will Deploy 5,000 Smart Charging Stations
Sinopec, the largest domestic oil product sales company, announced in Beijing that it will build 5,000 smart charging stations by 2025
Electric Car
China's Sinopec, Nio to Build more EV Battery Stations
China's state-controlled oil and petrochemical firm Sinopec and new energy vehicle manufacturer Nio has signed a strategic cooperation agreement to build power …
Hydrogen Fuel Stations
Hydrogen Push Ignites Next Stage of China’s Energy Transition
The China Hydrogen Alliance predicts that by 2025, the output value of China's hydrogen energy industry will reach 1 trillion yuan and by 2030
Oil Price
Crude Oil will Climb Above $70; Energy Security could Reappear on the Radar
Crude oil prices could shift higher again once the market shakes off the latest bout of coronavirus jitters
OPEC
Video: List of the Members of OPEC
After making other lists on multinational organisations I decided to make a list on the countries / members that make up the oil producing multinational organis…
Oil Price
The $7 Trillion Reason Saudi Arabia Is Cutting Oil Production
Strict production discipline by OPEC and its partners is the #1 reason why oil prices have managed to stage a remarkable recovery and stay relatively high after…
Crude Oil
OPEC Is Betting Big On Robust Oil Demand Recovery
Last week’s surprise decision from OPEC+ to ease the production cuts by a cumulative 2 million barrels per day by July relies on expectations of robust oil dem…
Oil & Gas Supply
OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision
A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group …
Oil & Gas Supply
U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy
The United States has called on Saudi Arabia to make sure there is “affordable energy” supply in the world, ahead of today’s OPEC+ meeting where the cartel w…
Crude Oil
OPEC Meeting: Saudis Look To Unwind Unilateral Output Cuts
Oil prices gave up earlier gains and turned lower as of 11:39 a.m.
Oil Price
Oil Prices Rise as Opec+ Agrees to Gradually Increase Supply
The group will increase output by 250,000 bpd in May
Hydrogen Project
Sinopec Wants to Become China’s Number One Hydrogen Firm
Asia’s largest oil refiner Sinopec on Monday announced its plan to build 100 hydrogen refuelling stations this year as the company reaffirmed its aim to set …
Crude Oil
Saudi Wants OPEC+ to Extend Oil Cuts into June, Source Says
After steady oil price gains earlier this year, OPEC and its allies, known as OPEC+, had hoped to ease output cuts
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