- Exclusive: CNOOC, Vitol among those shortlisted for Shell Singapore assets
December 06, 2023
Shell has shortlisted at least four companies including state-run China National Offshore Oil Corp (CNOOC) and top global energy trader Vitol as bidders for its Singapore refinery assets, sources with knowledge of the matter said.
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- Canada oil firms face losses as booming supply runs into Trans Mountain delays
December 05, 2023
Canadian oil producers are bracing for further potential delays to the Trans Mountain pipeline expansion (TMX) that could cost them millions of dollars in lost revenues in coming months after they ramped up production ready to fill the e...
- With new member Brazil, OPEC+ eyes increased market share, prices
December 02, 2023
The major oil producers' group of OPEC+ is set to include Brazil, the world's eighth largest oil producer as its 24th member and now hopes to increase its declining market share in its attempts to use production cutbacks for raising pric...
- Oil falls over 2% after OPEC+ cuts fall short of expectations
November 30, 2023
Oil prices fell by more than 2% on Thursday after OPEC+ producers agreed to voluntary oil output cuts for the first quarter next year that fell short of market expectations.
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- OPEC+ tweaks Nigeria, Angola oil output levels for 2024
November 30, 2023
OPEC+ handed Nigeria a 2024 oil output target lower than Africa's largest oil producer had hoped for while lowering Angola's target, according to a statement from the group of oil-producing countries.
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