Tag: #oil

OPEC Maintains Oil Demand Forecasts Amid Production Increases and Price Declines

OPEC maintains oil demand growth forecasts for 2025-2026 as OPEC+ increases output, potentially impacting global prices.

#opec, #oil, #demand, #markets, #production

U.S. Oil and Gas Industry Sees Major Consolidation in 2024 with $206.6 Billion in M&A Activity

In 2024, U.S. oil and gas mergers hit $206.6 billion, reshaping the sector for growth and efficiency amid financial challenges.

#oil, #gas, #mergers, #acquisitions, #energy

U.S. Oil & Gas Industry Faces M&A Surge in 2024, Slows in 2025

Record-breaking $206.6 billion M&As in 2024 plummet by 60% in 2025, amid oil price volatility and macroeconomic uncertainties.

#oil, #gas, #mergers, #acquisitions, #energy

IEA Reports Upward Revision in Global Oil Supply Amid Demand Concerns

Global oil supply rises with OPEC+ output; demand weakens, raising market imbalance fears.

#oil, #opec, #iea, #globaldemand, #markets

Trump Administration Signals Shift in Approach to Russian Oil Sanctions Amid Ukraine Peace Talks

Trump administration weighs Russian oil sanctions impact on Ukraine peace and global markets.

#trump, #russia, #oil, #sanctions, #ukraine

IEA Adjusts 2025 Oil Supply and Demand Forecasts Amid OPEC+ Production Hike

IEA forecasts a 2.5M bpd oil supply growth by 2025, citing OPEC+ production increase, but warns of potential market oversupply.

#iea, #opec, #oil, #production, #forecast

Iran's Parliament Votes to Close Strait of Hormuz After U.S. Strikes

Iran's Parliament votes to close Strait of Hormuz following U.S. airstrikes, raising global energy market concerns.

#iran, #straitofhormuz, #oil, #us, #globaltensions

OPEC+ to Boost Oil Production by 547,000 Barrels Daily from September

OPEC+ plans to increase oil output by 547,000 barrels daily, impacting global markets amid geopolitical tensions.

#opec, #oil, #energy, #markets, #production

Shell Dismisses Rumors of BP Acquisition Amid Shareholder Speculation

Shell refutes reports of BP takeover talks, impacting share prices and highlighting industry merger complexities.

#shell, #bp, #oil, #gas, #merger

China's Energy Security at Risk Amid Israel-Iran Tensions

China's energy ties with Iran face strain as Israel-Iran conflict threatens oil imports.

#china, #iran, #israel, #energy, #oil

UK and EU Impose Sanctions on Russia's Shadow Fleet

UK and EU implement coordinated sanctions on Russia's shadow fleet to disrupt illicit oil exports funding military operations in Ukraine.

#russia, #ukraine, #sanctions, #oil, #eu

IEA Projects Slowdown in Global Oil Demand Growth for 2025

IEA forecasts slower global oil demand growth in 2025; economic uncertainties and EV adoption influence the trend.

#iea, #oil, #demand, #economy, #evs

BP Faces Takeover Interest from Major Energy Giants Amid Share Price Decline

BP becomes a takeover target for energy giants like Shell and Exxon amid declining share prices and past liabilities.

#bp, #oil, #acquisition, #energy, #takeover