International Archives

UN and Norway launch $200M initiative to rebuild Ukraine's war-damaged energy sector and boost renewable capacity through crisis response and modernization.

The $200 Million Plan to Rebuild Ukraine’s Energy Sector

By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the Government of Norway launched a $200 million initiative...

OPEC+ surprised markets this weekend, with the expected routine 411,000 oil bpd output hike announcement, actually bigger, at 548,000 bpd.

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Can the Oil Market Absorb OPEC+ Output Hikes?

🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of 548,000 oil bpd. 🟢 Analysts say...

Equinor and its partners have decided to invest $1.3 billion in the Phase 3 expansion of the Johan Sverdrup oilfield in the North Sea

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Equinor Invests $1.3 Billion to Expand Europe’s Biggest Oilfield – The Johan Sverdrup Oilfield

By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest $1.3 billion (13 billion Norwegian crowns) in the...

Saudi Arabia is getting ready to engage in a protracted oil price war with its rivals, and traders are now bracing for hard times

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BofA: The Saudis Are Readying for a Long Oil Price War

Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage in a protracted oil price war with its...

The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not materialized, Morgan Stanley analysts said.

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Morgan Stanley: OPEC+ Fails to Deliver on Output Pledge

By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not...

OPEC will implement an oil production adjustment of 411,000 barrels per day” next month after reviewing global market conditions and outlook

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OPEC+ Countries to ‘Implement Production Adjustment’ of 411K Bpd in July

by Andreas Exarheas|RigZone.com| A statement posted on OPEC’s website on Saturday announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman...

Trump said his administration’s talks with Iran were “very good,” as he pushes to limit the Islamic Republic’s nuclear program.

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Trump Optimistic on Iran Deal After ‘Very Good’ Rome Talks

by Bloomberg|María Paula Mijares Torres |US President Donald Trump said his administration’s talks with Iran over the weekend were “very good,” as he...