#oil-production

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#trump-administration

Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.

Trump's promise to reduce gas prices through increased oil production may not materialize due to market oversupply and energy companies' focus on shareholder returns.

From Oil to EVs, here's how Donald Trump's victory affects energy and climate policies

Trump's victory will significantly alter U.S. energy policy, focusing on fossil fuels and reducing support for renewable energy.

Oil and gas production skyrocketed under both Trump and Biden

U.S. oil and natural gas production reached record highs under both the Trump and Biden administrations, despite opposing views on fossil fuels.

Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.

Trump's promise to reduce gas prices through increased oil production may not materialize due to market oversupply and energy companies' focus on shareholder returns.

From Oil to EVs, here's how Donald Trump's victory affects energy and climate policies

Trump's victory will significantly alter U.S. energy policy, focusing on fossil fuels and reducing support for renewable energy.

Oil and gas production skyrocketed under both Trump and Biden

U.S. oil and natural gas production reached record highs under both the Trump and Biden administrations, despite opposing views on fossil fuels.
moretrump-administration
#oil-prices

OPEC+ delays supply restart again as crude prices struggle

OPEC+ delays December production increase amid weak oil prices and economic uncertainty, reflecting challenges in global demand especially from China and Europe.
from www.nytimes.com
1 week ago

With Oil Prices Weak, OPEC+ Postpones Increases Again

OPEC Plus delays oil output increase until December to stabilize markets before US elections.
from 24/7 Wall St.
1 month ago

Understanding the Dynamics of Oil Futures Trading

U.S. sets record for oil production in December due to shale oil, debunking peak oil predictions.

OPEC+ delays supply restart again as crude prices struggle

OPEC+ delays December production increase amid weak oil prices and economic uncertainty, reflecting challenges in global demand especially from China and Europe.

With Oil Prices Weak, OPEC+ Postpones Increases Again

OPEC Plus delays oil output increase until December to stabilize markets before US elections.

Understanding the Dynamics of Oil Futures Trading

U.S. sets record for oil production in December due to shale oil, debunking peak oil predictions.
moreoil-prices
#opec
from Fortune
1 week ago
Business

Big Oil dials up output growth just as OPEC mulls supply boost

US oil majors Exxon and Chevron report significant increases in fossil fuel production, amidst an expected increase in global crude supply from OPEC.

Oil alliance Opec+ extends crude production curbs into 2025

OPEC+ extends production curbs into 2025 to stabilize crude prices.

Big Oil dials up output growth just as OPEC mulls supply boost

US oil majors Exxon and Chevron report significant increases in fossil fuel production, amidst an expected increase in global crude supply from OPEC.

Oil alliance Opec+ extends crude production curbs into 2025

OPEC+ extends production curbs into 2025 to stabilize crude prices.
moreopec

Investors need clarity on BP policy not boss's weak promises

BP's future financial strategy is uncertain, particularly regarding share buybacks and production cuts, amidst changing market dynamics.
#energy-industry

Big Oil paid over $42 billion to foreign governments in 2023

U.S. energy firms paid $42 billion to foreign entities, contrasting sharply with lower payments made domestically, raising concerns over fair taxpayer compensation.

Should African nations develop their fossil fuel resources? DW 07/18/2024

Senegal celebrates first oil production from Sangomar field, significance of oil and gas industry for economic development.

Big Oil paid over $42 billion to foreign governments in 2023

U.S. energy firms paid $42 billion to foreign entities, contrasting sharply with lower payments made domestically, raising concerns over fair taxpayer compensation.

Should African nations develop their fossil fuel resources? DW 07/18/2024

Senegal celebrates first oil production from Sangomar field, significance of oil and gas industry for economic development.
moreenergy-industry

What Oil Traders Need to Pay Attention to Today

Record oil production in the U.S. showcases shale's ongoing impact, defying 'peak oil' fears alongside potential implications from Middle East geopolitical tensions.

The future of crude oil prices - London Business News | Londonlovesbusiness.com

Crude oil prices are on the rise due to geopolitical tensions and economic factors, notably driven by Tropical Storm Francine affecting U.S. oil production.

Judge strikes down city of L.A.'s ban on new oil drilling

The court ruling emphasizes state jurisdiction over local oil drilling laws, impacting LA's oil production phase-out efforts.

How important is the central bank to Libya's politics?

Libya's leadership conflict has led to a halt in oil production, significantly impacting the nation's economy.

May startup of Trans Mountain pipeline expansion takes analysts by surprise | CBC News

Trans Mountain's expanded oil pipeline will start commercial operations earlier than expected on May 1, defying previous estimates of a second-quarter startup.
The expansion of Trans Mountain is crucial for increasing oil shipments from Canada's British Columbia coast to Asia and the U.S. West Coast, aiming to address the issue of capped oil output due to full pipelines.
#climate-change

Emissions connected to top oil and gas firms may cause millions of heat deaths by 2100, study finds

Fossil fuel emissions from major oil companies could lead to millions of excess heat deaths by 2100.
Urgent action is needed to reduce fossil fuel extraction and transition to cleaner energy sources.

Why Is the US Producing More Oil and Natural Gas Than Ever Under Biden?

2024 likely to be one of the five warmest years on record
U.S. crude oil production at all-time high despite climate action promises

Emissions connected to top oil and gas firms may cause millions of heat deaths by 2100, study finds

Fossil fuel emissions from major oil companies could lead to millions of excess heat deaths by 2100.
Urgent action is needed to reduce fossil fuel extraction and transition to cleaner energy sources.

Why Is the US Producing More Oil and Natural Gas Than Ever Under Biden?

2024 likely to be one of the five warmest years on record
U.S. crude oil production at all-time high despite climate action promises
moreclimate-change

Who will replace Bakersfield Republican Kevin McCarthy in Congress? Here are possible candidates

Assemblymember Vince Fong and Sen. Shannon Grove are Republican politicians in California.
Both Fong and Grove have been vocal critics of Governor Gavin Newsom's policies and spending.
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