Canada’s Oil Industry Suffers Rebound Slowdown as Production Increases by Only 3% in June
It appears that crude oil production in Canada has been on a slight rebound since May, increasing by…
The Slow Demise of Russian Oil Production
For most of the last decade, OPEC and Russia, collectively referred to as OPEC+, have aligned their interests…
Global drilling is a mixed bag during 2025Â
OLIVIA KABELL, Associate Editor The short-to-near term outlook for global upstream activity looks to be restrained, considering that…
Can Trinidad and Tobago Escape the Oil Trap?
For decades, Trinidad and Tobago has relied on oil production to bring in revenue to the small Caribbean…
Forget OPEC Warnings The Real Oil Shock Is Happening Inside Russia
While the world is watching the UN General Assembly discussions on Gaza-Israel, hybrid warfare in Europe (drones) and…
HKN Energy and Seven Other International Oil Companies Reach Milestone Agreement in Principle to Resume Exports Through the Iraq-Turkiye Pipeline
New York, New York–(Newsfile Corp. – September 25, 2025) – HKN announces that it and seven international oil…
Petrobras Clears Key Hurdle for Amazon Drilling
Petrobras moved a step closer to obtaining a license to drill in an environmentally sensitive offshore region in…
Libya’s crude production rates surpass 1.3 million barrels in 24 hours
The National Oil Corporation (NOC) announced on Sunday that production during the past 24 hours reached 1,386,143 barrels…
The Week in Oil and Gas
Mixed Contracts advance as SENER grants first contracts. In other news, President Sheinbaum confirmed petrochemicals as a priority…
What’s The Real Reason Behind OPEC+’s Surprise Oil Production Boost?
OPEC+’s decision last week to increase its collective oil production has surprised many, given the soft outlook for…
What’s The Real Reason Behind OPEC+’s Surprise Oil Production Boost?
OPEC+’s decision last week to increase its collective oil production has surprised many, given the soft outlook for…
IEA Says Supply Could Vanish Without It
This article first appeared on GuruFocus. The International Energy Agency isn’t mincing words: if the oil and gas…