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What is OPEC+ and how does it affect oil prices?
OPEC was founded in 1960 in Baghdad by Iraq, Iran, Kuwait, Saudi Arabia and Venezuela with an aim of coordinating petroleum policies and...
May 26, 20241 min read


The Peregrine X team would like to thank the EIC team for a great event in Abu Dhabi this week.
With over 250 industry Directors and Managers in attendance, Peregrine X were able to make some great contacts which we look forward to...
May 24, 20241 min read


Saudi oil and gas giant Aramco is buying a quantum computer from French startup Pasqal
The French startup will deploy and operate the device in Saudi Arabia from the second half of 2025 Read More:https://sifted.eu/articles/q...
May 21, 20241 min read


ADNOC looking to establish trading desk in US
This move is part of the United Arab Emirates (UAE) Government-backed oil and gas company’s efforts to expand its global presence. Read...
May 20, 20241 min read


Chevron to sell off its remaining North Sea oil and gas fields
Chevron is preparing to call time on more than five decades in the North Sea with a plan to sell its remaining oil and gas fields in the...
May 17, 20241 min read


Biden and oil companies like this climate tech. Many Americans do not.
Carbon dioxide pipelines and underground injection can cut greenhouse gas, but community opposition is fierce. Read More:...
May 15, 20241 min read


Biggest oil and gas sector deals since start of the century
Here are the major deals in the global oil and gas sector since the 2000s: Read More: https://www.reuters.com/legal/litigation/biggest-oi...
May 12, 20241 min read


Billionaire Pangestu-Backed Chandra Asri, Glencore To Buy Shell’s Singapore Refinery
A joint venture backed by Indonesian billionaire Prajogo Pangestu’s Chandra Asri and commodities trader Glencore agreed to buy Shell's...
May 9, 20241 min read
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