News

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Study authors seek to attribute climate damages to individual corporate polluters in order to hold them accountable.
KMG's oil production at Tengiz decreased due to scheduled repairs. Production at Kashagan also dropped, primarily due to ...
Suezmax rates are set for a boost as China resumes imports of Caspian Pipeline Consortium (CPC) blend crude oil from ...
located at the Tengiz oil field in Kazakhstan. This project is estimated to boost total output to approximately 1 million barrels of oil equivalent per day. In an effort to strengthen its ...
The root cause of Kazakhstan’s sudden oil bonanza is the delayed $49 billion Chevron Tengiz Expansion project, officially commissioned in January, that saw production at the Tengiz field ...
This comes after Kazakhstan said that it’s unable to lower oil output and plans to prioritise domestic interests over OPEC+ ...
Chevron shares slipped on Friday morning, despite the oil major topping Wall Street's earnings expectations for the first ...
Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by national ...
For the past three years, Opec+ had cut collective output by nearly 6mn b/d to bolster prices, a strategy that initially kept crude above $90 a barrel through much of 2022. But its effectiveness has ...
has infuriated Saudi Arabia by increasing production at a new project at its Tengiz oil field, consistently producing above targets. Meanwhile, Iraq has recently reduced output but has not made ...