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The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering
LONDON, May 29 (Reuters) – The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering industry efforts to use cleaner fuel to...
OPEC+ is working to agree oil production capacity for its member countries by the end of 2024, an issue that has created tensions in the past because each nation's output target is calculated from its...
OPEC+ members aim to resolve oil production capacity issues by the end of 2024, seeking higher quotas due to revenue dependency. Disputes arise from differing capacities; independent assessments from three consultancies will be used to establish fair quotas. Countries like Saudi Arabia and UAE push for capacity recognition, while others face investment constraints.
By Arathy Somasekhar HOUSTON (Reuters) - Republican presidential candidate Donald Trump raised tens of millions of dollars during a fundraising swing through Texas this week, promising he would support the oil and gas industry by backing new pipeli...