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for Oil Production

Activists Call for Action on the Permian “Climate Bomb”
A new report warns that if left unchecked, emissions from the Permian could hit the administration's climate targets.

Methane Crisis Needs Urgent Action
Slashing methane emissions from the oil and gas industry is one best and most urgent areas of climate action, according to a new report from the International Energy Agency.

Oil Hits New High as OPEC+ Refrains From Larger Production Increase
Modest OPEC+ production increases push oil prices toward their highest in seven years - and can climb further as investors stay away from the industry.

Oil Market Tightens, Pushing Up Prices
After the energy crunch caused natural gas, coal and metals prices to spike, analysts believe oil will be next.

ConocoPhillips Doubles Down on Shale With $9.5 Billion Takeover of Shell’s Permian Assets
As the energy transition gathers pace, the strategies between the world's oil majors have begun to diverge.

Risk of Saudi Oil Policy Shift Could Rise in 2022
As peak demand becomes more obvious and decline sets in, the major producers of OPEC+ could see their incentives shift and potentially set off a scramble for market share.

White House Struggles to Square Climate Goals and Gasoline Prices
The White House wants to slash greenhouse gas emissions in half by 2030. But asking the OPEC+ cartel to pump more oil seems to undercut those aspirations.

Delta Drags Down Oil, But Lack of New Supply Keeps Prices From Crashing
Oil prices have sunk as concerns grow about the Delta variant.

Will Shale Drillers Return to Old Ways?
While U.S. shale has recovered from a brutal 2020, it remains to be seen how long it will stick to its "capital discipline" mantra.

No-Deal From OPEC+. But Analysts Say Stalemate is “Unsustainable”
The turmoil at the OPEC+ meeting injects uncertainty into the market—and may presage the challenges ahead.