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May 1, 2020

Iraq
Between a Rock and a Hard Place: Iraq’s Pledge to Cut Oil Production

Iraq faces an uphill battle in meeting its obligations to the historic production cut agreement reached by the Organization of Petroleum Exporting Countries (OPEC) and other major producers such as R…

A worker wears a protective mask, following an outbreak of coronavirus, at Nahr Bin Umar oil field, north of Basra, Iraq March 15, 2020.

March 29, 2024

Climate Change
Carbon Dioxide Removal: Can It Be Effective?

Governments and companies are embracing new emissions-reducing technologies that pull carbon dioxide out of the atmosphere. But it is uncertain whether this can work at the scale and in the time nece…

A yellow-vested man walks out of a silver dome into dark, rocky terrain.

April 17, 2024

Europe
A Conversation With Christine Lagarde

European Central Bank President Christine Lagarde discusses the state of the European economy, U.S.-EU economic cooperation, and the implications of international geopolitical conflicts on the global…

Play Christine Lagarde speaking with the IMF logo in the background.

April 30, 2019

Nigeria
Dangote’s Oil Refinery Central to Nigeria Meeting Its Production Goals

On April 25, the managing director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, said that Aliko Dangote's new Lagos oil refinery is central to the government meeting its ambi…

Nigeria-Dangote-Oil-Refinery-Construction

October 27, 2016

Sub-Saharan Africa
Recovery of Nigeria’s Oil Production Under Threat

According to the Nigeria National Petroleum Corporation (the state-owned oil company) Nigeria has the capacity to produce 2.5 million barrels of oil per day (bpd). At the beginning of the year, produ…

oil-militants

November 10, 2008

Fossil Fuels
Non-OPEC Oil Production

Non-OPEC oil producers, which turn out most of the world’s oil, are operating near capacity.