Oil

Serbia Vows to Protect Interests Amid NIS Oil Sanctions
Conventional Fuels Serbia Vows to Protect Interests Amid NIS Oil Sanctions

What happens when a nation's energy lifeline is squeezed by global powers? In the heart of the Balkans, Serbia faces a daunting challenge as U.S. sanctions target Naftna Industrija Srbije (NIS), the country's primary oil company, majority-owned by Russia's Gazpromneft. With energy security hanging

OPEC Forecasts Smaller 2026 Oil Deficit as Output Rises
Conventional Fuels OPEC Forecasts Smaller 2026 Oil Deficit as Output Rises

Setting the Stage for a Shifting Oil Landscape Imagine a global energy market teetering on the edge of transformation, where every barrel of oil produced could tip the balance between scarcity and surplus, and in 2025, the Organization of the Petroleum Exporting Countries (OPEC) and its allies,

How Do U.S. Sanctions on Iranian Oil Impact China's Sinopec?
Conventional Fuels How Do U.S. Sanctions on Iranian Oil Impact China's Sinopec?

Recent developments in international trade have brought to light a critical issue as new U.S. sanctions on Iranian petroleum exports target a key crude oil terminal in China, directly affecting Sinopec, the nation’s largest refining company. These sanctions, announced in a bold move by Washington,

Can Chevron Balance Growth and Safety After Hess Deal?
Infrastructure & Technology Can Chevron Balance Growth and Safety After Hess Deal?

What happens when a titan of the oil industry, already a powerhouse in global energy markets, doubles down on expansion with a $55 billion gamble? Chevron, the second-largest U.S. oil producer, has set the stage for a high-stakes drama with its acquisition of Hess, a deal that promises vast

EIA Forecasts Record U.S. Oil Output, Warns of Price Drop
Conventional Fuels EIA Forecasts Record U.S. Oil Output, Warns of Price Drop

Imagine a landscape where U.S. oil production soars to unprecedented heights, breaking records with every barrel pumped, yet the global market drowns in oversupply, dragging prices to alarming lows, creating a paradox that defines the current energy sector. This reality pits domestic triumphs

Chevron Appoints New VP of Exploration in Leadership Shift
Conventional Fuels Chevron Appoints New VP of Exploration in Leadership Shift

In a notable development within the energy sector, Chevron Corporation, a global powerhouse in integrated energy solutions, has unveiled a significant leadership transition by appointing Kevin McLachlan as its new Vice President of Exploration, effective November 1. This strategic move comes at a

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