Wednesday, 7 May 2025

Focus on OPEC+

FILE PHOTO: Secretary General of Organization of the Petroleum Exporting Countries (OPEC) Haitham Al Ghais speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/File Photo
Carbon ManagementEmissionsHydrogenNewsOil

‘End of oil not in sight’, says OPEC Secretary General

OPEC Secretary General Haitham Al Ghais wrote there is "a worrying trend of narratives" that use terms like the end of oil, which...

FILE PHOTO: The entrance to oilfield service provider SLB's office in Houston, Texas, showing the former Schlumberger's new name and logo, is seen in this handout image taken June 2023. Courtesy of SLB/Handout via REUTERS/File Photo
BusinessNewsOil

Oilfield firm SLB’s profit rises on international drilling demand

Strong oil and gas drilling demand in the Middle East and Africa helped offset weakness in North American activity

BusinessNewsOil

Oil prices fall after Iran attack as market draws down risk premium

Brent futures for June delivery fell 50 cents, or 0.5%, to $89.95 a barrel, while West Texas Intermediate futures for May delivery were...

FuelNewsOil

Oil prices head back up on Middle East jitters

Crude futures up amid concern that Iran, the third-largest OPEC producer, might retaliate for a suspected Israeli warplane attack on Iran's embassy.

NewsOilPolitics

OPEC+ unlikely to change output policy before June meeting

LONDON/DUBAI (Reuters) – OPEC+ is unlikely to make any oil output policy changes until a full ministerial gathering in June, three OPEC+ sources...

AnalysisClimateEmissionsPolitics

Going green at 50? IEA climate pivot debated at anniversary meeting

By America Hernandez and Noah Browning PARIS (Reuters) – Energy ministers, oil executives and green investors gathered this week to mark a half-century...

BusinessClimateNewsPolitics

Including energy leaders made COP28 climate summit more meaningful, says Jaber

DUBAI (Reuters) -COP28 President Sultan al-Jaber said on Monday that bringing the energy sector to the table at the U.N. climate summit that...

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