for Oil Production
Shuttered Gulf of Mexico production during Tropical Storm Barry offers a reminder of the vulnerability of the region’s energy infrastructure to weather events.
The dramatic slimming down over the past half-decade by the oil and gas industry has led to a steep drop off in spending, exploration and final investment decisions on new projects—raising the possibility of a supply crunch in the early 2020s.
Stay on top of the latest developments in oil markets, geopolitical risk, and alternative fuel vehicles with the SAFE policy team's Chart of the Week.
The industry's ability to weather current challenges will have global implications.
It’s groundhog year for the OPEC cartel, which has been unable to structurally shift fundamentals and prices in its favor since the price collapse in mid-2014, and it is reliving its catch-22 scenario with competing producers.
The OPEC commission would examine whether the cartel’s behavior is designed to disadvantage U.S. oil producers and secure market power through anti-competitive behavior.
Any deal is better than no deal for OPEC.
Renewed political turmoil and the takeover of major oil terminals last month didn't stop Libyan oil production from tripling since August. How long will it last?
The substantive discussion gave insights into how energy policy would take shape in either a Clinton or Trump administration.
With the beginning of production, Ecuador has added 20,000 b/d to its output, with plans to raise this to 40,000 b/d by year-end, all at production costs said to be under $12 per barrel.