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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

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.

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

May 27, 2016

Sub-Saharan Africa
Nigeria’s Oil Production Down by 40 Percent

Oil is the property of the Nigerian state. Most of it is produced through partnerships between the Nigerian National Petroleum Corporation, which is owned by the state, and private oil companies. Oil…

Nigeria oil tankers

November 29, 2007

Fossil Fuels
Robertson: Prospects for Future Oil Production

Peter J. Robertson, the vice chairman of Chevron Corporation, discusses the likelihood of global oil production meeting demand in the decades to come.

January 8, 2020

Iran
Iranian Interests, Iraqi Oil, And The U.S. Response

My grandmother had a saying: “Think before you speak.” The saying, said to me and my brothers as children, was intended to help us avoid mindlessly blurting out something we would later regret. I can…

DATE IMPORTED:January 06, 2020People attend a funeral procession for Iranian Major-General Qassem Soleimani, head of the elite Quds Force, and Iraqi militia commander Abu Mahdi al-Muhandis, who were killed in an air strike at Baghdad airport, in Tehran, Iran January 6, 2020.

November 15, 2018

Saudi Arabia
Saudi Arabia Considers New Oil Production Cuts Amid Shrinking Budget Deficits

This is a guest post by Jareer Elass, an energy analyst who has covered the Gulf and OPEC for 25 years. He is a regular contributor to the Arab Weekly.  As the 2019 budget season approaches, Saudi…

 Saudi Energy Minister Khalid al-Falih addresses the gathering during India Energy Forum in New Delhi, India, October 15, 2018.

July 26, 2018

NAFTA
Oil Production Has Moved North, and Auto Production South

Both Mexico and the U.S. are in a sense adjusting to (mild) oil shocks ...

Oil Production Has Moved North, and Auto Production South

September 9, 2019

Saudi Arabia
Saudi Arabia’s Oil Vision and the Oil Price Cycle

Saudi Arabia’s oil industry is on the move with strategic changes in leadership, investments, and a broadening of its global businesses. The moves, which include larger investments in refining and pe…

Saudi Arabia's new Energy Minister, Prince Abdulaziz bin Salman takes a tour at the exhibition during the 24th World Energy Congress in Abu Dhabi, United Arab Emirates September 9, 2019. REUTERS/Satish Kumar

November 22, 2019

Iran
Reports of Oil’s Demise May Be Premature

I have a rule of thumb on the oil price cycle: When commentators start using the word “never” we are typically at the brink of a cycle shift. For a while now, oil prices have been stuck in a range. T…

Iraqi demonstrators block the entrance of Khor al-Zubair commodities port during the ongoing anti-government protests, near Basra, Iraq November 19, 2019.