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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

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

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.

March 26, 2019

Saudi Arabia
The New Oil Darwinism

It’s a geopolitical jungle out there in the oil world right now and only the fittest will survive. The new oil Darwinism is replacing the older thesis that all producers can succeed over time because…

An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014

May 14, 2019

Saudi Arabia
Oil Sabotage Might Seem Like Small Potatoes, But Underlying Geopolitical Problems Are Not

The United States keeps signaling that it has hard power. Most recently, the United States made known that it was deploying additional ships, the USS Abraham Lincoln and USS Arlington, to the Middle …

A damaged Andrea Victory ship is seen off the Port of Fujairah, United Arab Emirates, May 13, 2019. 

February 13, 2019

Nigeria
Nigeria Is Oil Dependent, not Oil Rich

At a business breakfast on February 7, Doyin Salami pointed out the elephant in the living room of Nigeria’s economy. The country is not oil rich; rather it is oil dependent. He asked attendees to acknowledge this distinction.

Nigeria-Oil-Pollution-Rivers-State

May 2, 2019

Iran
What Effects Will Tighter U.S. Sanctions on Iran’s Oil Have?

With significant risks now looming over global energy markets, the United States should be careful in evaluating any future oil sanctions, Amy Myers Jaffe writes in the following Q & A which first ap…

A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2005.

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

April 25, 2019

Iran
What Effects Will Tighter U.S. Sanctions on Iran’s Oil Have?

With significant risks now looming over global energy markets, the United States should be careful not to go too far with oil sanctions.  

Iran Oil

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.