Surveyed Gen Z workers leaned toward human-only output. AI-assisted work remained a secondary choice. Workplace attitudes toward AI look more skeptical than last year. Gen Z workers surveyed by Gallup ...
OPEC’s crude oil production plunged in March as the near-closure of the Strait of Hormuz forced key members to curb output and divert exports to alternative routes. Production fell by 7.89 million ...
OPEC+ warned that damage to Middle East energy assets will have a prolonged impact on oil supply even after the Iran war ends, as it approved a symbolic increase in output quotas for next month.
The Middle East’s biggest aluminum producer said it may take as long as a year to restore full output at its Abu Dhabi plant, following an Iranian attack a week ago. Emirates Global Aluminium said the ...
A group of OPEC+ members met Sunday and agreed to increase their oil output once the Strait of Hormuz is reopened. The plan is set to be implemented in May, and the countries said they would plan to ...
Wars leave long economic scars, while rising military spending is forcing governments into increasingly difficult budget choices, the International Monetary Fund said on Wednesday. In a blog analysis, ...
OPEC+ agreed on Sunday to raise its oil output quotas by 206,000 barrels per day for May, a modest rise that will largely exist on paper as its key members are unable to raise production due to the ...
Seplat Energy workers begin an indefinite strike over pay and welfare disputes, raising concerns about oil output and supply as Nigeria faces rising fuel costs. Workers at Seplat Energy have begun an ...
The Middle Eastern producers may need up to two years to restore their oil and gas output to the levels from before the war, according to Fatih Birol, the executive director of the International ...
OPEC on Sunday agreed to boost oil production by another 206,000 barrels daily, which will be theoretical only as production in the Middle East remains constrained by the Strait of Hormuz crisis. The ...
Billionaire oil wildcatter Harold Hamm’s Continental Resources Inc. plans to increase production as the war in Iran sends crude prices soaring to the highest in four years. “Continental is increasing ...
Exxon lost six percent of its global production in the first quarter as the Iran war paralyzed oil and natural gas operations in the Persian Gulf. Exxon Mobil Corp. lost 6% of its global production in ...
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