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OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.
OPEC+ countries with overproduction in the first quarter of 2024 must submit their compensation plans by April 30, a move designed to stabilize the market.
According to Aramco's CEO, the current energy transition strategy is ineffective, with a persistent dependence on fossil fuels.
According to Aramco's CEO, the current energy transition strategy is ineffective, with a persistent dependence on fossil fuels.
The Houthis have warned Saudi Arabia of a possible target, should it assist the US-led coalition's attack on Yemen.
The Houthis have warned Saudi Arabia of a possible target, should it assist the US-led coalition's attack on Yemen.
US Republican lawmakers disagree with the International Energy Agency's forecasts for oil demand and the energy transition.
US Republican lawmakers disagree with the International Energy Agency's forecasts for oil demand and the energy transition.
TotalEnergies reduces its CO2 emissions to 45 MtCO2e and cuts its methane emissions by 47% since 2020, according to its annual climate report.
TotalEnergies reduces its CO2 emissions to 45 MtCO2e and cuts its methane emissions by 47% since 2020, according to its annual climate report.
One of Japan's leading refiners, Idemitsu Kosan, strengthens its grip on Fuji Oil, propelling a strategy towards carbon neutrality by 2050.
One of Japan's leading refiners, Idemitsu Kosan, strengthens its grip on Fuji Oil, propelling a strategy towards carbon neutrality by 2050.
Aramco faces lower profits in 2023, while focusing its strategy on diversification and sustainability.
Aramco faces lower profits in 2023, while focusing its strategy on diversification and sustainability.
Russia is massively redirecting its oil exports to Asia and making progress on the Arctic LNG 2 project, despite Western sanctions.
Russia is massively redirecting its oil exports to Asia and making progress on the Arctic LNG 2 project, despite Western sanctions.
ACWA Power embarks on a $4 billion project to develop green hydrogen in Egypt, targeting annual production of 600,000 tonnes of green ammonia.
ACWA Power embarks on a $4 billion project to develop green hydrogen in Egypt, targeting annual production of 600,000 tonnes of green ammonia.
Tensions in the Red Sea continue to exacerbate oil market volatility, with significant repercussions on world prices.
Tensions in the Red Sea continue to exacerbate oil market volatility, with significant repercussions on world prices.

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