#oil-production

[ follow ]
#opec #geopolitics #oil-prices #economic-impact #gas-prices #middle-east-conflict #permian-basin
Business
fromFortune
11 hours ago

Exxon and Chevron hike oil production despite global glut and see more 'frontier exploration' as U.S. shale boom slows | Fortune

Exxon, Chevron, and Shell are raising crude output in the Permian, Gulf of Mexico, and Guyana, increasing supply risks and pressuring oil prices toward 2026.
#opec
fromFortune
1 month ago
World news

Oil prices could fall even further as key OPEC+ members agree on production hike to gain more market share

fromFortune
2 months ago
Online marketing

Lower gas prices could follow from OPEC+ boosting production by 547,000 barrels per day

fromFortune
1 month ago
World news

Oil prices could fall even further as key OPEC+ members agree on production hike to gain more market share

fromFortune
2 months ago
Online marketing

Lower gas prices could follow from OPEC+ boosting production by 547,000 barrels per day

more#opec
California
fromSan Jose Inside
1 month ago

Newsom Signs Climate Bills to Extend Cap and Trade, Boost Oil Drilling

California extended cap-and-trade, authorized expanded oil production, and moved to create a Western regional electricity market to balance climate goals with affordability.
fromLos Angeles Times
1 month ago

California legislators strike last-minute deal to help oil industry but limit offshore drilling

California lawmakers introduced a last-minute deal that would streamline environmental approvals for up to 2,000 new wells annually in oil-rich Kern County, while tightening the regulatory requirements for offshore drilling. The looming closure of two California refineries has become a sore spot for Gov. Gavin Newsom and for California Democrats, pitting their longtime clean-energy goals against concerns about the rising cost of living.
California
fromThe Daily Upside
2 months ago

Mad Men to Sad Men

The number of operating US oil and gas rigs held flat at 539 last week, hovering near four-year lows and down 47 rigs in the last 12 months.
US politics
Venture
fromenglish.elpais.com
2 months ago

Chevron's return offers temporary relief to Venezuela's struggling economy

Chevron's return to Venezuela aims to increase oil production and may stimulate a modest economic recovery.
SF real estate
fromwww.cbc.ca
4 months ago

Vermilion Energy selling U.S. assets for $120 million in cash | CBC News

Vermilion Energy Inc. is selling its U.S. assets for $120 million to repay debt and has reduced its 2025 capital budget.
SF politics
fromLos Angeles Times
5 months ago

Court backs California Coastal Commission in fight over offshore oil operation

A court has ordered Sable Offshore Corp. to cease work until it obtains necessary permits from the California Coastal Commission.
fromLos Angeles Times
5 months ago

Offshore oil operation near Santa Barbara resumes production after 10 years

"It's alarming that no agency comprehensively looked at the environmental risks of restarting this aging, corroded pipeline, and that Sable steamrolled over orders to halt construction."
SF politics
World politics
from24/7 Wall St.
5 months ago

Saudi Arabia's 11.1M Daily Barrels Underwrite a $74.8B War Chest-That's About$18 of Defense Muscle for Every Barrel It Pumps in a Year

Countries producing more crude oil often have more robust economies and militaries, reflecting their strength on the global stage.
Miami food
fromMiami Herald
5 months ago

Gas prices are up again in Florida. Will that change? See the cost in your area

Gas prices in South Florida have risen slightly but are significantly lower compared to last year.
World news
fromwww.nytimes.com
5 months ago

Oil Prices Are Falling. Here's Where That Could Spell Trouble.

Oil price drops may lead to economic and political instability in producing countries.
Global economic signals indicate reduced oil demand amid increasing production.
[ Load more ]