Extractive 360
INTERNATIONAL NEWS
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118Global Oil Demand Hits Record, Prices May Climb – IEA
Global oil demand has surged to a record amid robust consumption in China and elsewhere, threatening to push prices higher, the International...
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106OPEC+ Crude Production Hits 2-year Low After Cuts By Saudi Arabia, Survey Reveals
A Platts survey by S&P Global Commodity Insights has shown that crude oil production by the Organization of Petroleum Exporting Countries (OPEC)...
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130Petrobras Considers Increasing Average Capacity Use Of Refineries
Petrobras is considering further increasing the average capacity use of refineries in the third quarter of 2023, reported Reuters. Between April and...
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184Chevron’s Q2 2023 Earnings Down On Lower Commodity Prices
Chevron Corporation posted earnings of $6 billion for second-quarter (Q2) 2023, compared with $11.6 billion in Q2 2022. Included in the current...
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146Gazprom Ready To Partner African Countries On Gas Technology, Infrastructure – Official
Gazprom, Russia’s energy company, has expressed readiness to partner African countries on gas infrastructure and technology. Mr Dimitry Stratov, Deputy Director-General, Prospective...
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133Oil Steady As Demand Woes From Weak Economic Data Offset By OPEC+ Cuts
Oil prices were little changed on Monday in choppy trading as demand woes after weak economic data from top consumers the United...
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178OPEC Holds 2023 Oil Demand View Steady, Warns On Economic Outlook
OPEC left its 2023 global oil demand growth forecast steady for a fourth month on Tuesday, although the producer group warned that...
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274Aramco Makes Executive Leadership Changes
In a wave of leadership change, Saudi Aramco has appointed Nasir K. Al-Naimi as President of its Upstream business and Mohammed Y....
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210Saudi Aramco’s Q1 Profit Falls 19% to $31.9 billion
Saudi oil giant Aramco has posted first-quarter net profit of 119.54 billion riyals ($31.88 billion), a fall of about 19% from the...