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Browsing Tag

oil production

193 posts
CCrude Oil
rig
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Permian Oil Producers Face Higher Costs With New Saltwater Rules As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal

  • 2025-06-10
As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at…
CCrude Oil
OPEC
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OPEC Oil Production Fell Short of OPEC+ Target in May

  • 2025-06-09
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement which had a…
CCrude Oil
OPEC
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Morgan Stanley: OPEC+ Fails to Deliver on Output Pledge

  • 2025-06-09
The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not materialized,…
PPetroleum
Permian
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Permian or Bust? U.S. Oil Growth Has a One-Basin Problem

  • 2025-06-06
The Permian basin has been the chief growth driver for U.S. shale oil production. The most prolific shale…
CCrude Oil
OPEC
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StanChart: OPEC+ Is About To Become Much More Transparent

  • 2025-06-05
A week ago, the 39th OPEC and non-OPEC Ministerial Meeting was held via videoconference, chaired by Prince Abdulaziz…
CCrude Oil
offshore
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TotalEnergies Boosts Stake in Brazil’s Lapa Oil Field to 48%

  • 2025-06-04
TotalEnergies (NYSE: TTE) has signed a strategic asset swap agreement with Shell Brasil to raise its operated interest…
PPetroleum
Santa Barbara County Judge temporarily halts Sable Offshore’s plans to restart oil production off the Gaviota Coast
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Santa Barbara County Judge temporarily halts Sable Offshore’s plans to restart oil production off the Gaviota Coast

  • 2025-06-04
SANTA BARBARA, Calif.—Linda Krop has been fighting for what she explains as environmental justice.  “There’s been no environmental review.…
CCrude Oil
Bogata
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Oil and Gas Investment in Colombia Sees Uptick Despite Hurdles

  • 2025-06-03
In recent years, Colombia’s oil production and reserves have been in decline and interest in investing in the…
CCrude Oil
Alberta Wildfires Shut About 7% of Canada’s Oil Production
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Alberta Wildfires Shut About 7% of Canada’s Oil Production

  • 2025-06-02
(Bloomberg) — Wildfires in Canada’s energy heartland of Alberta have shut down almost 350,000 barrels of daily heavy…
CCrude Oil
offshore
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Shell Boost Stake in Nigerian Deepwater as TotalEnergies Exits Bonga Oilfield

  • 2025-05-29
Shell will buy TotalEnergies’ 12.5% non-operated stake in the deepwater oilfield Bonga offshore Nigeria, where the UK-based supermajor…
CCrude Oil
Oil
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Oil Demand Growth Faces Significant Headwinds

  • 2025-05-28
For most of the past century, energy producers could count on steady oil demand growth. From industrial development…
CCrude Oil
Saudi Arabia and Kuwait announce oil discovery within Partitioned Zone
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Saudi Arabia and Kuwait announce oil discovery within Partitioned Zone

  • 2025-05-28
The governments of Saudi Arabia and Kuwait have revealed that Wafra Joint Operations has made an oil discovery…
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