OPEC Chief Claims 'Oil Era Far From Over' in Recent MEES Commentary
In his MEES commentary, OPEC Secretary General Haitham Al Ghais argues against the narrative of the impending end of oil.
In his MEES commentary, OPEC Secretary General Haitham Al Ghais argues against the narrative of the impending end of oil.
Recent data shows a continued decline in U.S. drilling activity with fewer active rigs.
Texas's deepwater oil export plans face challenges due to shifting global trade dynamics, reduced demand for supertanker ports, and uncertainties in U.S. oil production growth.
Soaring oil prices are weakening global economic demand, exacerbating credit constraints, and heightening recession fears.
At a congressional field hearing in Texas, oil and gas industry leaders criticized President Biden's green energy policies, arguing they impose high costs and threaten jobs without providing substantial benefits.
Major energy companies like Shell and TotalEnergies are negotiating to invest in the UAE's Ruwais LNG export project, which aims to double ADNOC’s production.
FTC's crackdown on oil and gas mergers, driven by environmentalist demands, fuels alarm over potential economic disaster and energy crisis in the U.S.
Tether commits to freezing transactions with sanctioned entities amid allegations that Venezuela's PDVSA is using USDT to circumvent U.S. oil sanctions.