Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its ...
By John Kemp, senior energy analyst at Reuters Saudi Arabia and its allies in OPEC? are likely to keep oil production unchanged for a further ...
OPEC+ decisions are not above political influence. This was on display most prominently in 2022, when Saudi Arabia led OPEC+ ...
Pioneer Natural Resources CEO Scott Sheffield was banned from ExxonMobil’s board after a merger for conspiring to keep gas ...
Sheffield, the FTC alleges, "campaigned to organize anticompetitive coordinated output reductions between and among U.S.
International Energy Agency figures excluding OPEC members Iran ... bpd of oil and oil product exports in the first quarter 2024. In March, Russia said it would cut 471,000 bpd from production ...
LONDON/MOSCOW (Reuters) - OPEC and its allies have yet to begin formal talks on extending 2.2 million barrels per day of ...
Second, saying the shale boom “saved American consumers” from high oil prices ignores the fact ... In November 2014, OPEC ...
A US regulator on Thursday alleged a former oil chief executive tried to collude with Opec members to raise American petrol ...
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...
The U.S. Federal Trade Commission (FTC) on Thursday barred former Pioneer Natural Resources CEO Scott Sheffield from joining ...
OPEC convened a workshop today to address oil overproduction issues and devise comprehensive compensation plans to make up for previous overages, according to an official OPEC press release. The push ...