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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.

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.

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.

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

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

March 14, 2019

South Sudan
How Oil Companies Help Fund Violence in South Sudan

On February 20, the UN Commission on Human Rights in South Sudan issued its third report. Despite the peace deal signed five months ago, it documented an increase in cases of rape and sexual violence over the past year, concluding that the crimes had “become quite normalized” in South Sudan. Driving much of this is oil. 

South-Sudan-Soldier-Unity-Oil-Fields-Security

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

February 27, 2019

Energy and Environment
“Perceptions” about Oil or Demand Realities?

Amin Nasser, Chief Executive Officer of Saudi Aramco, whose shareholder is a sovereign nation, weighed in this week with a warning against U.S. and European activist shareholders who are making deman…

The chief executive of Saudi Aramco, Amin Nasser, speaks during an interview with Reuters in Dhahran, Saudi Arabia, December 13, 2017

February 21, 2019

Venezuela
Amid Political Uncertainties, Venezuela’s Oil Industry Situation Worsens

Back in 2013, Venezuelan state oil company PDVSA had ambitious plans for expansion of its oil production capacity. Its leaders envisioned eight new projects in the Orinoco Belt region that would requ…

Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country's rightful interim ruler, reacts during a meeting with volunteers to coordinate humanitarian aid in Caracas, Venezuela