Post-OPEC Angola: The Quota’s Gone, the Decline Isn’t
In December 2023, Angola stunned global energy markets by announcing it would leave OPEC after 16 years of…
from Permian efficiency to Guyana growth
This article first appeared on GuruFocus. Chevron Corporation, which headquarter is in Houston (Texas), is a major oil…
U.S. Oil Growth Shifts from Shale to Gulf
For over a decade, the shale patch has been the engine behind U.S. oil production growth. Now, the…
U.S. Oil Growth Shifts from Shale to Gulf
For over a decade, the shale patch has been the engine behind U.S. oil production growth. Now, the…
Perenco targets expansion into new countries to sustain oil and gas production growth
(Bloomberg) – Perenco SA, owned by the billionaire Perrodo family, is looking for opportunities to enter into new…
Iran’s Oil Boom Continues, Powered by Russian-Chinese Support
Despite ongoing international sanctions and the recent bombing campaign against it by Israel and the U.S., Iran is…
Oil Market Braces for Contango and Shale Slowdown
The prospect of a contango is casting a shadow over oil markets, with the entire 2026 WTI futures…
Canadian Oil Producers Prioritize Buying Over Building
A two-month-long bidding war in Canada’s oil patch signaled there is another way for a company to boost…
Ukraine’s Strikes on Russian Oil Refineries Prompt Gas Crisis
Ukraine is bringing the war home to Russia at a scale, scope, and intensity not seen before, and…
Oil prices jump after OPEC+ announces modest monthly output hike
Oil prices rose on Monday morning in Europe after the OPEC+ group agreed to only a modest boost…
OPEC+ to raise oil production by 137,000 barrels per day in November
NEW YORK (AP) — A group of countries that are part of the OPEC+ alliance of oil-exporting countries…
Trump’s economic plans called for more oil drilling and lower gas prices. He’s only getting the latter.
As President Trump began his second term, he proclaimed in his inauguration speech that America would “drill, baby,…