Nido expects Cadlao oilfield to resume production in 2024
Nido Petroleum Philippines Pty. Ltd. is looking at oil production of 20,000 to 25,000 barrels a day from the Cadlao ...
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Saudi denies OPEC+ plan to raise oil output
RIYADH, Saudi Arabia—Saudi Arabia on Monday denied a report that oil producers were discussing a production increase for their next ...
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What do we do then?
"The pandemic has scarred us deeply. The Russian invasion of Ukraine is frightening, whether now or in the immediate future. ...
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Top Democrat urges US block on weapons sales to Riyadh
A powerful US senator called Monday for Washington to freeze all cooperation with Saudi Arabia over its decision to "underwrite" ...
Read moreOil prices climb as OPEC, allies announce major cut in production
New York, United States—Oil prices climbed Wednesday as OPEC and its Russia-led allies announced a major cut in output, while ...
Read moreOPEC+ to meet amid economic downturn fears
VIENNA, Austria—Faced with recession fears, the OPEC+ countries are expected to agree a modest increase in oil production at a ...
Read moreOPEC+ has ‘means’ to deal with oil volatility — Saudi Arabia
RIYADH, Saudi Arabia—OPEC leader Saudi Arabia’s energy minister said Monday that the oil cartel and its allies have the means ...
Read moreOPEC+ group agrees to tiny hike in output
VIENNA, Austria—The OPEC+ oil cartel agreed to a tiny increase in production Wednesday, an amount analysts say will disappoint US ...
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OPEC+ members to agree on slight oil output increase
VIENNA, Austria--OPEC+ members meeting on Thursday are expected to agree a marginal increase in oil production, bolstered by risks to ...
Read moreIran’s oil output hits level prior to 2018 sanctions
TEHRAN, Iran—Iran’s oil production capacity has returned to the same level as prior to the reimposition of sanctions in 2018, ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.