OPEC oil output falls on Saudi cut and Nigerian outage, Reuters survey finds
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The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
The South American nation of Guyana has emerged as a rising star in global oil production, sparking speculation that it could potentially become the wealthiest country in the region, as reported by Yahoo Finance.
Sigma Lithium is working with Bank of America to coordinate talks with parties interested in acquiring it, the chief executive of the miner, which produces the metal used to make electric vehicle...
Sigma Lithium: The deal discussions come amid a supply crunch for lithium. Sigma earlier this year started production at the Grota do Cirilo hard rock lithium project in Brazil to supply roughly a fourth of its output to LG Energy Solution with the rest slated for sale on the spot market.
Nigeria’s fuel subsidy removal is affecting refineries far away in Europe and threatening to squeeze European refiners, Reuters reports.