Nigeria’s Dangote refinery caught between promise and reality
Nigeria waits for mega-refinery's fuel to flood the domestic market after delays and outcry over petrol price subsidies.
Morgan Stanley cuts Brent forecast as market signals demand softness
Brent crude oil forecast cut as global market faces a period of demand weakness, says bank.
Russia raises forecast for 2024 oil, gas export revenues by $17.4 billion, document shows
Russia's 2024 oil and gas export forecast was raised by $17.4 billion to $239.7 billion, driven by higher price expectations.
OPEC+ agrees to delay October output hike for two months, sources say
LONDON/MOSCOW – OPEC+ has agreed to delay a planned October oil output increase for October and November after crude prices hit their lowest...
Citi says oil prices could average $60/bbl in 2025 without cuts
If OPEC+ doesn't reduce production further, say analysts, oil prices could drop to $60 a barrel in 2025.
AI likely to weigh on oil prices over the next decade: Goldman Sachs
Goldman Sachs warns AI could lower oil prices by reducing costs and boosting supply, outweighing modest demand increases.
Azerbaijan: a country steeped in hydrocarbons
Azerbaijan, which holds early legislative elections on Sunday, is a country in the Caucasus region with a historical relationship with hydrocarbons, which account...
Targa Resources Corp. to Participate in Barclays CEO Energy & Power Conference
HOUSTON, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company...
