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Eyeing competitors, OPEC+ countries will keep cutting oil production

Kostis Geropoulos - March 7, 2024

Several OPEC+ countries are extending additional voluntary cuts of 2.2 million barrels per day, aimed at supporting what they are labeling "the stability and...

LUKOIL starts wind monitoring in Russia’s Rostov region

Kostis Geropoulos - March 27, 2020

Russian oil major LUKOIL has started to perform wind monitoring, which is the first stage of developing feasibility study for constructing a wind power...

Oil mess in Texas, OPEC caution gush crude prices

Kostis Geropoulos - November 15, 2019

A surprise drop in US crude inventories and comments from Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammad Barkindo about lower-than-expected US...

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