CNBC LONDON — OPEC and non-OPEC ministers will reconvene on Friday to discuss the next phase of oil production policy after a preliminary agreement was thought to have been blocked at the last minute the day before. The energy alliance, often referred to as OPEC+, will meet via videoconference on Friday afternoon to decide on whether to keep output policy
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Bic Magazine Chevron Corp and its partners in the Gorgon LNG project off Western Australia have agreed to go ahead with a $4 billion project to improve gas recovery from offshore wells and keep the huge liquefied natural gas plant filled for 40 years, as reported by Reuters. The Jansz-Io Compression (J-IC) project, which will help gas recovery at the Gorgon LNG
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Reuters LONDON/DUBAI/MOSCOW – An OPEC+ deal to release more oil to the market and extend its supply management policy to the end of 2022 hinges on agreement from the United Arab Emirates (UAE), which has opposed the deal and pushed talks into a second day, OPEC+ sources said. The UAE on Thursday effectively blocked a deal agreed by top producers
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