oil production
Coverage of oil production in the Nexus archive.
- Leaked letter reveals Sable Offshore’s most aggressive power grab yet to conquer California
A leaked letter reveals Sable Offshore's aggressive power grab to conquer California. The company has restarted oil production using emergency federal approvals from the Trump administration.
- OPEC+ countries say they will expand monthly oil production
Seven OPEC+ members, including Saudi Arabia and Russia, will increase oil production by 188,000 barrels per day. The decision involves expanding monthly output as part of OPEC+ policy.
- 7 OPEC+ countries agree to expand monthly oil production modestly as prices slide
Seven OPEC+ countries agree to expand monthly oil production modestly as prices slide. The decision aims to address declining oil prices by adjusting output levels.
- Los Angeles tries again to phase out urban oil production
Los Angeles is attempting to phase out urban oil production, following a previous 2022 ordinance that was invalidated by a judge after legal challenges from the oil and gas industry.
- Los Angeles tries again to phase out urban oil production
Los Angeles is attempting again to phase out urban oil production after a 2022 ordinance to do so was invalidated by a judge following legal challenges from the oil and gas industry.
- Germany’s Schneider wants to stop oil, gas production in protected areas
Germany’s Schneider advocates for halting oil and gas production in protected areas. The country’s nature-protected areas should be spared new drilling rigs, according to the statement.
- Higher prices for gas, groceries and flights will likely outlast the Iran war
Higher prices for gas, groceries, and flights are expected to persist beyond the Iran war. Economists and industry analysts suggest that even if oil production resumes in the Middle East, consumers may not see immediate price reductions at fuel pumps or supermarkets.
- Iran’s Oil Production Slumped 19% Last Month, OPEC Data Show
Iran's oil production declined by 19% last month according to OPEC data. The article references an oil facility on Kharg Island.
- Tropical Blend: Cyber & Politics Ramp Up Across Latin America
China-linked espionage groups have attacked at least a dozen nations in Latin America, gathering information on maritime shipping, oil production, and other geopolitical interests.
- Why UAE's OPEC exit is a blow to Saudi Arabia
The United Arab Emirates is exiting OPEC to independently manage its oil production. This departure weakens Saudi Arabia's position within the cartel and increases uncertainty about OPEC's stability and future cohesion.
- Is Iran’s oil storage nearly full – and will it have to cut production?
Experts suggest Iran may reduce oil production if the US naval blockade of Hormuz continues, as the country's oil storage approaches capacity.
- Why the UAE-OPEC Rift Was Years in the Making
The article examines the prolonged tensions between the United Arab Emirates (UAE) and OPEC, highlighting factors that contributed to their rift over several years. It suggests disagreements over oil production strategies and geopolitical priorities as key drivers of the conflict.
- South America Could Unlock 2.1 Million Barrels a Day on $100 Oil
South America could potentially increase oil production by 2.1 million barrels a day if oil prices reach $100. Petrobras' fourth quarter results are expected to benefit from consistent production levels matching third-quarter records.
- Kazakh Oil Flows From Black Sea Set to Match Record in May
Kazakh oil production from the Black Sea is projected to reach record levels in May. Maintenance activities at an oilfield near Atyrau, Kazakhstan, highlight ongoing operational efforts in the region.
- Saudi Output Capacity Cut 600,000 Barrels a Day by War
Saudi Arabia's oil output capacity was reduced by 600,000 barrels per day due to the war, impacting its production facilities in Ras Tanura. The reduction highlights the disruption caused by ongoing conflicts in the region.