News

OPEC+ agrees further accelerated oil output hike for July
OPEC+ agreed on Saturday to hike July oil output by 411,000 barrels per day (bpd), the same as in May and June, as the group ...
BP names US oil and gas veteran Dave Hager as non-executive director
BP on Friday said it has appointed U.S. oil and gas industry veteran David Hager as a non-executive director effective June 2 ...
BP (BP) Nears Castrol Sale Amid Strategic Shifts and Investor Pressure
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
The Cool Down on MSN2d
BP stirs controversy after halting operations for new type of fuel: 'Weaker-than-anticipated growth in the market'
Oil giant BP has ceased a project to produce "clean jet fuel" at its Castellon refinery in Spain. The move signals a broader ...
International Monetary Fund2d
Middle East and Central Asia
Growth is projected to rise in the Middle East and North Africa in 2025 and 2026, but at a slower pace than anticipated in the October 2024 REO. Across the region, rising trade tensions and policy ...