Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

One of OPEC’s oldest members, Qatar says it plans to focus on natural gas production. January 1, 2020 – Ecuador leaves OPEC. April 1, 2021 – OPEC and allied producers announce that they have ...

Venezuela's exports of crude oil and fuel fell 11.5% in March as Washington's imposition of secondary tariffs and the ...

On March 27, 2025, the Ghanaian-registered fishing vessel MENGXIN 1 was subjected to an armed attack 16 nautical miles (NM) south of Accra in the Gulf of Guinea.

Venezuela's exports of crude oil and fuel fell 11.5% in March as Washington's imposition of secondary tariffs and the ...

In Nigeria’s 2025 budget, the federal government targets a crude oil production of 2.06 million bpd, including condensate, ...

U.S. President Donald Trump said on Monday that any country that buys oil or gas from Venezuela will pay a 25% tariff on any ...