| 单词 | oil production |
| 例句 | The oil production industry in West Texas had collapsed. Friday Night Lights: A Town, A Team, And A Dream 1990-01-01T00:00:00Z The gas is a byproduct of oil production and a valuable resource on its own. Oil drilling threatens solitude of national park 2014-06-22T04:00:00Z Alaska officials hope this and other projects will help diversify the state's economy from its precarious dependence on dwindling oil production. Boosters hope Alaska will be "Hollywood Far North" 2010-10-02T19:01:00Z Mapes: And when you combine that with the rest of the southern regions, the south of Italy is responsible for about 82% of all of Italy's olive oil production. How this community-driven olive oil company is changing the status quo 2021-03-29T04:00:00Z The strike is only one conflict in a wave of labor unrest racking western Kazakhstan, crimping oil production in the former Soviet republic and angering the government of President Nursultan Nazarbayev, who rarely tolerates dissent. ArtsBeat: Sting Cancels Concert in Kazakhstan After Crackdown on Strikers 2011-07-05T17:34:34Z Despite the region being home to 82% of the country's olive oil production, the couple feels it consistently doesn't get its due acclaim — within the industry itself, and in turn from the media. How this community-driven olive oil company is changing the status quo 2021-03-29T04:00:00Z Per Graham Spanish olive oil production has already fallen by a half. Extreme heat is now affecting one of your cooking must-haves: Olive oil 2023-09-05T04:00:00Z The country of 5.2 million inhabitants largely avoided the 2008 financial crisis that hit the rest of the world thanks to high oil prices that boosted its leading industry, oil production. Norwegians count their blessings in world's happiest nation 2017-03-20T04:00:00Z "I didn't want to waste my vote," he said.The 52-year-old said he was impressed with Santorum's commitment to increasing domestic oil production, a major issue in this Gulf Coast state. Louisiana primary voters hardly enthusiastic 2012-03-24T22:27:00Z Its underlying message relates to oil production, railroad barons and Los Angeles noir. ‘Broadway Morey Boogie,’ With Over 100 Blocks of Public Art 2014-09-11T04:00:00Z The biggest crooks of all are the “oil- management mafia”, who divert at least 10% of oil production for private gain. No fantasy 2016-05-12T04:00:00Z “Moisturise your skin so that it is well hydrated and that will turn off your oil production more effectively than trying to scrub away the oil.” 'Never sleep in your make up': five ways to avoid spots 2019-11-10T05:00:00Z As the road gets steeper, rows of slender cypress trees usher you to Castello di Volpaia, a medieval village where most of the structures are, naturally, devoted to wine and olive oil production. Europe, in 9 Walks 2013-04-19T14:51:25Z Even people who watch television for a living can find themselves transfixed by a rerun, though duty calls for a look at “American Idol” or a new PBS documentary about oil production. The TV Watch: ?Law & Order?: Soon to Be Gone but Not Forgotten 2010-05-16T21:40:00Z Senate seat so he could become governor, and naming Palin to a commission regulating oil production. 'Crude Awakening': An inside view of Alaska 2011-11-02T21:10:04Z America’s oil production facilities might be a sitting duck for someone determined to wreak destruction. This 414-mile road to the Arctic Ocean is one of the world’s most remote highways 2016-04-07T04:00:00Z Agriculture, industry, tourism and oil production, once the country's economic pillars, have all suffered greatly during the war, but at least the government has continued to pay salaries, Suleiman said. Far from war's front lines, life in Syria is still tough 2017-03-06T05:00:00Z It wasn’t until the advent of oil production in the 1960s that the emirate got its first paved roads; later, hospitals and schools arrived. Inside Frank Gehry's Guggenheim Abu Dhabi 2014-12-04T05:00:00Z Today, American oil production is the highest that it’s been in eight years. No Mention of Health Care in White House's State of the Union Talking Points 2012-01-24T18:54:15Z Mapes, who is one of only a few Black womxn in olive oil production, faces many market, economic, and sociocultural barriers to success in business, which is not an uncommon experience among Black women entrepreneurs. How this community-driven olive oil company is changing the status quo 2021-03-29T04:00:00Z The rest of Europe, afraid of the economic effects, forces him to accept a peaceful Russian occupation of his country that’s initially disguised as temporary assistance with oil production. ‘Occupied’ and ‘The Bureau’: Two Gripping European Thrillers 2016-06-08T04:00:00Z And the economic impact will last long after the heat fades, with olive oil production in Italy expected to be down by nearly a third, and vineyards also affected. Heatwaves and airport queues make for holiday season from hell 2017-08-05T04:00:00Z Iraq's oil minister expects to reach an agreement with the Kurdistan Regional Government and foreign oil companies to resume oil production from the Kurdish region's oilfields and resume northern oil exports through the Iraq-Turkey pipeline. Oil prices edge up after OPEC says market fundamentals are strong 2023-11-14T05:00:00Z Crude oil production in the United States this year will rise by slightly less than previously expected but demand will fall, the U.S. Oil sputters near three-month lows as demand concerns mount 2023-11-08T05:00:00Z Crude oil production in the United States this year will rise by slightly less than previously expected while demand will fall, the EIA said on Tuesday. Oil prices fall to over 3-month low on signs of higher supply 2023-11-08T05:00:00Z Spain’s Agriculture Ministry said that it expects olive oil production for the 2023-24 campaign to be nearly 35% down on average production for the past four years. Hold the olive oil! Prices of some basic European foodstuffs keep skyrocketing 2023-11-02T04:00:00Z The monthly high is still shy of a weekly record for U.S. oil production at 13.2 million bpd, hit in the week to Oct. US crude output reaches monthly record in August at 13.05 million bpd -EIA 2023-10-31T04:00:00Z BP said while oil production was strong, gas trading had been "weak" in recent months. BP posts profits of $3.3bn as oil prices rise again 2023-10-31T04:00:00Z Some analysts are skeptical that the U.S. would experience massive oil shortages, since U.S. oil production is at an all-time high. Oil prices could reach ‘uncharted waters’ if the Israel-Hamas war escalates, the World Bank says 2023-10-30T04:00:00Z But the site’s wells had passed peak oil production several years earlier, according to the energy research firm Wood Mackenzie. Deadly explosion off Nigeria points to threat posed by aging oil ships around the world 2023-10-29T04:00:00Z Coal exports have fallen, and oil production in the country is down more than a quarter, it said in a blog post in August. Russia hikes interest rates to 15% as inflation soars 2023-10-27T04:00:00Z The displacement increased in 1970 due to the internal conflict in Colombia, while in Venezuela there was prosperity thanks to oil production. Venezuelan immigrants are ostracized in Colombia amid xenophobia and shifting politics 2023-10-27T04:00:00Z Prices could jump 20% in the less likely scenario of an interruption of trade through the Strait of Hormuz where 17% of global oil production transit, they said in a note. Oil set for first weekly drop in three as Mideast situation holds 2023-10-27T04:00:00Z The combined company will expand Chevron's oil production in less risky regions by adding to its output in the U.S. Chevron to buy Hess Corp for $53 billion in all-stock deal 2023-10-23T04:00:00Z Jan-Erik Vinnem, who has spent his career studying the risks of offshore oil production, said he’s sometimes shocked when he sees pictures of oil ships in Africa. Deadly explosion off Nigeria points to threat posed by aging oil ships around the world 2023-10-29T04:00:00Z Oil markets are being stretched by cutbacks in oil production from Saudi Arabia and Russia, and now, a war between Israel and Hamas runs the risk of igniting a broader conflict in the Middle East. Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge 2023-10-23T04:00:00Z Europe is exposed because, unlike the United States, it has no substantial domestic oil production. Analysis: Middle East throws central banks yet more unknowns 2023-10-20T04:00:00Z One reason 1970s-style gas lines are unlikely: U.S. oil production is at an all-time high. Long lines at gas pump unlikely, but Middle East crisis could disrupt oil supplies, raise prices 2023-10-19T04:00:00Z Rick and Nancy Anderson, of Ottumwa, are devout Trump fans, particularly wed to his ideas on energy and maximizing U.S. oil production. Trump’s Iowa campaign ramps up its organizing after his infamously chaotic 2016 second-place effort 2023-10-16T04:00:00Z He also embraced an emerging philosophy that emphasized shareholder returns over rapid production gains, rejecting a plan to more than quadruple Pioneer's oil production by 2026. As oil majors cast shale nets, Texas oilman Sheffield made Pioneer the prized catch 2023-10-16T04:00:00Z "If all of a sudden either oil production is cut or oil transport is disrupted then that certainly creates problems not just for economies but for markets too," he said. Global markets watch for fallout as Middle East tensions rise 2023-10-15T04:00:00Z That put Mr. Biden in the unenviable position of having to travel to Saudi Arabia last year and begging them to increase oil production when energy prices soared as a result of the Ukraine war. World crises undermine Biden’s boast of foreign policy expertise 2023-10-14T04:00:00Z That may have implications for supply as Saudi Arabia told the White House it was willing to boost oil production early next year to help secure the deal, the Wall Street Journal reported last week. Oil surges nearly 6% after Israel begins ground raids into Gaza 2023-10-13T04:00:00Z The study collected 2017-2021 operating data from eight companies with varying pyrolysis oil production processes. Plastic production via advanced recycling lowers GHG emissions 2023-10-12T04:00:00Z Two of Sheffield's most significant insights were the major role technology would play in reshaping U.S. oil production and the recognition that big oil companies would eventually control the Permian, he said. As oil majors cast shale nets, Texas oilman Sheffield made Pioneer the prized catch 2023-10-16T04:00:00Z United States domestic oil production hit an all-time high last week, contrasting with efforts to slice heat-trapping carbon emissions by the Biden administration and world leaders. US oil production hits all-time high, conflicting with efforts to cut heat-trapping pollution 2023-10-13T04:00:00Z As oil production in California continues to decline, the measure was designed to ensure unproductive wells are properly sealed, preventing the release of dangerous chemicals and planet-warming gases. Newsom signs bills to address unplugged oil wells, disclose corporate greenhouse gas emissions 2023-10-10T04:00:00Z The area embroiled in conflict is not home to major oil production, but fears that the fighting could impact the crude market sent a barrel of U.S. oil up $3.59 to $86.38. Stock market today: Rate hopes push Asian shares higher while oil prices edge lower 2023-10-10T04:00:00Z Bahrain, Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates reaffirmed their commitment to "collective and individual voluntary adjustments" to oil production, the Saudi state news agency said on Sunday. Canadian union Unifor strikes at GM after contract talks fail 2023-10-10T04:00:00Z That means that while the deal would consolidate more oil production in the hands of Exxon, it would not change control over fuel production at refineries or its distribution to consumers. Exxon-Pioneer megadeal Q&A 2023-10-06T04:00:00Z Weekly domestic oil production has doubled from the first week in October 2012 to now. US oil production hits all-time high, conflicting with efforts to cut heat-trapping pollution 2023-10-13T04:00:00Z In northeastern Syria, local authorities said Turkish drone attacks struck Hassakeh and Qamishli provinces Thursday, hitting oil production facilities, electrical substations and a dam. Drone attack kills 80 and wounds 240 at a packed Syrian military graduation ceremony, official says 2023-10-05T04:00:00Z As oil production in California continues to decline, the measure would act as a contingency plan in the event these companies fail, and then abandon the wells. California lawmakers have a plan to plug old, vapor-spewing oil wells. Could it backfire? 2023-10-03T04:00:00Z Elsewhere, a drought in Spain took its toll on olive oil production. Food prices are rising as countries limit exports. Blame climate change, El Nino and Russia’s war 2023-09-27T04:00:00Z California plans to ban the sale of new gas-powered cars and trucks by 2035 and end oil production a decade later. ExxonMobil loses bid to truck millions of gallons of crude oil through central California 2023-09-27T04:00:00Z White House officials have long considered increased oil production inside the United States as a bridge to help soften the transition to renewable energy sources. US oil production hits all-time high, conflicting with efforts to cut heat-trapping pollution 2023-10-13T04:00:00Z It said the board's majority had essentially made up its mind to reject the application rather than deciding the issue on its merits, resulting in a "de facto ban on crude oil production and transportation." US judge refuses to overturn Exxon permit denial to truck crude oil in California 2023-09-27T04:00:00Z In perhaps one of the most notorious examples, a portion of Beverly Hills High School was leased for oil production. California lawmakers have a plan to plug old, vapor-spewing oil wells. Could it backfire? 2023-10-03T04:00:00Z The American Petroleum Institute, another leading oil and gas lobbying group, has estimated that all federal lands and waters are responsible for roughly 24% of total U.S. oil production. Oil lobbying group pans House GOP hardliners rejecting the Senate’s plan to avert a shutdown 2023-09-27T04:00:00Z “These goals are impossible to reconcile. That is how we wind up with constraints on domestic oil production combined with supplication to the Saudis for increases in output,” Mr. Zycher stated in a 2022 article. U.S. strategic oil reserve at lowest level in decades, even as tensions with China mount 2023-09-26T04:00:00Z Just because the United States is increasing oil production, that doesn’t mean it won’t phase down emissions, said Samantha Gross, director of energy security and climate at the centrist Brookings Institution. US oil production hits all-time high, conflicting with efforts to cut heat-trapping pollution 2023-10-13T04:00:00Z The company also claimed it has a right to restart the oil production since it had invested significant resources in the area since the 1970s. US judge refuses to overturn Exxon permit denial to truck crude oil in California 2023-09-27T04:00:00Z But that criticism largely overlooks the rise in U.S. oil production over the past year. Oil prices have risen. That’s making gas more expensive for U.S. drivers and helping Russia’s war 2023-09-25T04:00:00Z Energy analysts say Mr. Biden’s environmental policies and contradictory messaging on oil production has created regulatory uncertainty, which can negatively affect long-term output and costs. DeSantis claims he’ll achieve $2 gas as president, vows to reverse Biden climate agenda 2023-09-20T04:00:00Z HP was one of the biggest investments along with big stakes in Occidental Petroleum and Chevron in the more traditional oil production industry. Warren Buffett’s company trims its investment in printer maker HP by selling 5.5 million shares 2023-09-14T04:00:00Z However, it slashed its quarterly forecasts for operating margin and profit as extended oil production cuts by Russia and Saudi Arabia drove the airline's fuel expenses higher. Delta Air assessing hit from RTX engine issues but sees little near-term pain 2023-09-14T04:00:00Z Saudi Arabia and Russia recently agreed to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices. Oil prices creep higher, raise inflation concerns 2023-09-14T04:00:00Z Energy Information Administration reported that oil production averaged 12.8 million barrels a day in June, up 1 million barrels from 12 months ago, close to the levels achieved before the pandemic began in 2020. Oil prices have risen. That’s making gas more expensive for U.S. drivers and helping Russia’s war 2023-09-25T04:00:00Z Spain is already a pioneer in methods to save water, used in almost every stage of olive oil production, said Gonzalo Delacamara, director of the IE Centre for Water & Climate Adaptation in Madrid. In climate fight, Europe's olive, wine farmers turn to tech and tradition 2023-09-14T04:00:00Z Domestic oil production is forecasted to reach an all-time high by the end of this year, even as President Biden’s climate change agenda seeks to blunt fossil fuel output and consumption. U.S. on pace for record oil production despite Biden’s green agenda frustrating the energy industry 2023-09-12T04:00:00Z Nationally, AAA said last week that gasoline prices were falling despite Saudi Arabia and Russia extending oil production cuts through the end of the year in a move that pushed up prices. Georgia Gov. Brian Kemp is suspending state gas and diesel taxes again 2023-09-12T04:00:00Z Alaskan oil production has dwindled in the last three decades. US to cancel Alaska oil, gas leases issued under Trump 2023-09-06T04:00:00Z Biden has said he considers oil production essential to keep the economy going as a bridge to a future with EVs and renewable energy. Oil prices have risen. That’s making gas more expensive for U.S. drivers and helping Russia’s war 2023-09-25T04:00:00Z Saudi Arabia and Russia on Tuesday prolonged oil production cuts through the end of this year in a bid to drive market prices higher after remaining far below 2022 record levels. Saudi Arabia, Russia extend oil cuts through 2023, boosting market prices 2023-09-05T04:00:00Z The American Petroleum Institute, the industry’s leading lobbying group, estimated that federal lands and waters provided roughly 24% of total U.S. oil production. U.S. on pace for record oil production despite Biden’s green agenda frustrating the energy industry 2023-09-12T04:00:00Z Saudi Arabia said on Tuesday that it would extend its cut in oil production cut of one million barrels a day for three months, through for the rest of 2023. Saudi Arabia and Russia Extend Oil Production Cuts Through December 2023-09-05T04:00:00Z In commodities, oil traded near seven-month highs on tightening supply as Saudi Arabia was widely expected to extend voluntary oil production cuts into October. Shares, oil rise as sentiment towards China brightens 2023-09-04T04:00:00Z Sachdeva added, however, that the steady increase in U.S. oil production could limit further significant gains in price. Oil steady amid OPEC+ supply cut expectations 2023-09-04T04:00:00Z The 23 countries that comprise the two oil cartels account for roughly 40% of the globe’s daily oil production. Saudi Arabia, Russia extend oil cuts through 2023, boosting market prices 2023-09-05T04:00:00Z Sachdeva noted, however, that the steady increase in U.S. oil production could limit further significant gains in price. Oil inches higher on OPEC+ supply cut expectations 2023-09-04T04:00:00Z Oil prices were near seven-month highs on tightening supply as Saudi Arabia was widely expected to extend a voluntary 1 million barrel per day oil production cut into October. Asia looks to extend rally on China, US rate hopes 2023-09-04T04:00:00Z Analysts expect Saudi Arabia to extend a voluntary oil production cut of 1 million barrels a day into October, adding to cuts by the Organization Petroleum Exporting Countries and allies, known as OPEC+. Oil set to snap two-week losing streak on tightening supplies 2023-09-01T04:00:00Z Analysts expect Saudi Arabia to extend a voluntary oil production cut of 1 million bpd into October, adding to cuts put in place by OPEC+. U.S. crude futures climb over $2 late in session 2023-08-31T04:00:00Z U.S. oil company Chevron evacuated staff from three oil production platforms, while Kinder Morgan planned to shut a petroleum pipeline. Hurricane Idalia strengthens en route to Florida, threatening dangerous storm surge 2023-08-29T04:00:00Z Several analysts expect Saudi Arabia to extend its voluntary oil production cut of 1 million bpd for a third consecutive month into October. Oil gains 1% as investors await Fed's Powell speech 2023-08-25T04:00:00Z Annual oil production in New Mexico has more than doubled over the past five years, as the state became the No. 2 producer behind Texas. Oil production boosts government income in New Mexico, as legislators build savings ‘bridge’ 2023-08-23T04:00:00Z Now some authorities regard the Bagungu’s concern over sacred sites as a nuisance that could only delay the start of oil production, he said. As oil activities encroach on sacred natural sites, a small Ugandan community feels besieged 2023-08-22T04:00:00Z The Orangutan Foundation provides insights into the detrimental effects of palm oil production on orangutan habitats, offering crucial information for understanding these creatures' challenges. Orangutans are being pushed to the brink of extinction. Can we save them in time? 2023-08-19T04:00:00Z U.S. oil production was offsetting some losses in output due to OPEC+ cuts, but the falling U.S. rig count meant such support could likely be short-lived, ANZ Research said in a report on Friday. Oil set to snap 7-week winning streak on Fed rate outlook, China woes 2023-08-18T04:00:00Z But even as oil production winds down, it’s important to know where wells were drilled. Finding clean air in Los Angeles? It's an almost unsolvable puzzle 2023-08-17T04:00:00Z Museveni said that if Uganda needed to borrow, it could do so from other sources, and that oil production expected to start by 2025 would provide additional revenues. Uganda president defiant after World Bank funding suspended over LGBT law 2023-08-10T04:00:00Z A summary of these discussions will be presented to the assembled presidents, including a proposal to ban new oil production in the region. Eight Amazon rainforest countries open summit in Belem, Brazil 2023-08-08T04:00:00Z CEO Amin Nasser said on Monday that the company's supplies to customers remain adequate even with recent voluntary oil production cuts by the kingdom, adding that global demand remained resilient despite economic headwinds. Aramco supplies remain adequate despite oil production cuts - CEO 2023-08-07T04:00:00Z In a move to support oil prices, Saudi Arabia said Thursday that it would extend its decision to cut oil production by one million barrels a day for another month, to September. Saudi Arabia to Extend Oil Production Cut by a Month 2023-08-03T04:00:00Z Saudi Arabia, in a move to support oil prices, said it would extend the decision to cut oil production by one million barrels a day for another month. Friday Briefing 2023-08-04T04:00:00Z The state Supreme Court said the state, not the county, has the authority to regulate certain methods of oil production that would have been banned by the measure. California Supreme Court says county can’t enforce new oil ban 2023-08-03T04:00:00Z Camacho will face the challenge of realizing Petro's goal of weaning Colombia off of oil production and exports, a major source of income for the country, and acrimony between the administration and the industry. Colombia energy ministry confirms Camacho as new minister 2023-08-03T04:00:00Z As for tapping its own vast gas resources, Iran needs at least $160 billion in investment to keep gas and oil production at current levels, Iran’s oil minister has said. Many Iranians Blame Creaky Power Grid and Gas Shortage for Sudden Holiday 2023-08-02T04:00:00Z Outgoing President Guillermo Lasso, who moved ahead elections after lawmakers attempted to oust him, has failed to raise oil production or attract more mining investment as violence and social problems have worsened. Ecuadorean votes could bar oil output in Amazon reserve, mining near Quito 2023-07-31T04:00:00Z The organization’s oil production cuts, even as Moscow’s war on Ukraine boosted energy prices, have angered Biden and American lawmakers. Official tells AP that Saudi Arabia will host a Ukrainian-organized peace summit in August 2023-07-29T04:00:00Z Other developments, like the Biden administration’s release of oil from the Strategic Petroleum Reserve and increased oil production in the Permian Basin of Texas and New Mexico, have also helped ease prices. Exxon Reports Leaner Earnings in Second Quarter 2023-07-28T04:00:00Z Cabimas, a city about 400 miles northwest of Caracas on the shores of Lake Maracaibo, is another center of regional oil production. Venezuela’s Oil Industry Is Broken. Now It’s Breaking the Environment. 2023-07-22T04:00:00Z Because some wells produce gas associated with oil, either oil production would have to be shut down until somewhere else was found to handle the gas, or the gas would have to be flared off. A gas platform explosion off Mexico kills 2 workers, injures 6 and leaves 1 missing, officials say 2023-07-07T04:00:00Z Mr Sawan angered climate scientists who said Shell's plan to continue current oil production until 2030 was wrong. Oil giant Shell warns cutting production ‘dangerous’ 2023-07-05T04:00:00Z Saudi Arabia and Russia will cut oil production to try to push up weak prices. Your Tuesday Briefing 2023-07-04T04:00:00Z Saudi Arabia and Russia will cut oil production to try to boost weak prices. Your Tuesday Briefing: Israel’s Assault on Jenin 2023-07-03T04:00:00Z After Chevron announced last year that it would resume some oil production in Venezuela, the state oil company hired divers to inspect the oil pipelines in Lake Maracaibo. Venezuela’s Oil Industry Is Broken. Now It’s Breaking the Environment. 2023-07-22T04:00:00Z The twenty-three countries that comprise the two oil cartels account for roughly 40% of the globe’s daily oil production. Russia, Saudi Arabia announce cuts in oil production, exports amid strong summer demand 2023-07-03T04:00:00Z The leak also halted oil production from the drill site. ConocoPhillips faces potential $914,000 fine over Alaska gas blowout, leak 2023-06-29T04:00:00Z Colombia's Ecopetrol is managing to sustain sales to Asia at about 45% of its crude oil production though rivalry from Russian oil is forcing it to offer deeper discounts, a senior executive said on Monday. Poland to build Abrams tank service centre in Poznan 2023-06-26T04:00:00Z Colombia's Ecopetrol is managing to sustain sales to Asia at about 45% of its crude oil production though rivalry from Russian oil is forcing it to offer deeper discounts, a senior executive said on Monday. Saudi Aramco sees 'sound' oil outlook for H2 on China, India demand 2023-06-26T04:00:00Z Colombia's Ecopetrol is managing to sustain sales to Asia at about 45% of its crude oil production though rivalry from Russian oil is forcing it to offer deeper discounts, a senior executive said on Monday. Spirit Aero flags progress in talks with the union 2023-06-26T04:00:00Z Igor Sechin, head of Russian energy major Rosneft , said on Saturday that Russia is losing out to other OPEC+ countries due to a smaller share of its oil production being exported. US can't yet compete with China on EVs, Ford chairman tells CNN 2023-06-18T04:00:00Z Relations between the two countries hit a nadir in October, when the Saudis announced they were cutting oil production, a move that blindsided American officials. Biden Administration Engages in Long-Shot Attempt for Saudi-Israel Deal 2023-06-17T04:00:00Z World crude oil production, the primary driver of economic growth, peaked at the end of 2018 with volatile prices remaining high and certain to increase in coming years as reserves of cheaply extracted oil dwindle. Airport growth: ‘Grim global trends’ 2023-06-16T04:00:00Z In response to the punitive measures, Russia has cut its oil production, and announced this month that it would extend the cuts by 500,000 barrels per day until the end of December 2024. US says price caps on Russia’s oil are cutting revenue nearly in half and weakening its economy 2023-06-15T04:00:00Z Natural gas production is at an all-time high, and oil production is near its pre-pandemic peak in the United States and still rising. There’s No Evidence for Claims That Environmentally Friendly Investments Are Bad for the Poor 2023-06-15T04:00:00Z “Our target of a reduction in oil production by 2030 has not changed,” the company said. Shell ditches lower oil production target but insists it’s committed to cutting emissions 2023-06-14T04:00:00Z Meanwhile, OPEC+ has granted Russia a slightly higher oil production baseline, meaning Russia can produce more under the latest quotas than previously agreed. Oil prices dip after unexpected rise in US crude stocks 2023-06-14T04:00:00Z Politicians and the public criticize the Saudi kingdom’s human rights record and repression of women; its unwillingness to increase oil production; its coziness with Russia, China and, now, even with erstwhile enemy Iran. Pariah or partner? U.S. navigates complicated, contradictory relationship with Saudi Arabia 2023-06-13T04:00:00Z Secretary of State, Antony J. Blinken, who reaffirmed the U.S.-Saudi relationship after a period of strained ties — including a blowup last year over oil production. Saudi Arabia and China Flaunt Growing Ties at Investment Forum 2023-06-12T04:00:00Z The blowup took place after Saudi officials cut oil production despite a perception by U.S. officials that they had agreed to increase it. Blinken’s Visit to Saudi Arabia Caps U.S. Effort to Rebuild Ties 2023-06-08T04:00:00Z When it comes to Shell oil production, maintaining it at current levels will require investment because output from existing reservoirs naturally declines by around 5% every year. Shell ditches lower oil production target but insists it’s committed to cutting emissions 2023-06-14T04:00:00Z “The U.S. wants them to recognize Israel and keep oil production flowing.” Russia and Saudi Arabia’s Oil Partnership Shows Strain 2023-06-07T04:00:00Z Saudi Arabia announced Sunday that it was cutting oil production by one million barrels per day for at least one month starting in July to try to drive up oil prices. Blinken to Talk to Saudis About Normalizing Ties With Israel 2023-06-05T04:00:00Z Meanwhile, oil production cuts by Saudi Arabia reminded Washington of Saudi Arabia’s key strategic attraction. Saudi-PGA golf deal a stunning turnaround for once-shunned Crown Prince Mohammed 2023-06-07T04:00:00Z The push to increase Pemex's output, however, has ramped up fuel oil production, due mostly to its refineries' struggle to efficiently process the heavy crude Mexican oil fields pump. Analysis: Mexico's gasoline independence dream sinks in dirty fuel oil glut 2023-05-31T04:00:00Z "Now we have a guide to recover oil production. We cannot fail." Carrots and sticks: Venezuela's new oil chief targets graft, courts workers 2023-05-31T04:00:00Z The president, who was being chastised by Republicans for soaring inflation, was hoping the Saudis would increase oil production or at least not cut it. Russia and Saudi Arabia’s Oil Partnership Shows Strain 2023-06-07T04:00:00Z Three sources with knowledge of current Russian thinking told Reuters last week Russia is leaning towards leaving oil production volumes unchanged. Factbox: What have OPEC+ producers said ahead of June oil policy meeting? 2023-05-30T04:00:00Z Some analysts have said deep emissions cuts are not possible without reducing oil production, which Smith is fiercely opposed to. Climate battle looms as Alberta premier takes aim at Trudeau 2023-05-30T04:00:00Z The war disrupted grain and oil production in the region and had global impact, too, worsening food crises in parts of East Africa and the Middle East. Why Are Food Prices So High in Europe? 2023-05-30T04:00:00Z He inherits a struggling economy with record debt, shortages of foreign exchange and fuel, a weak naira currency, near two-decades-high inflation, skeletal power supplies and falling oil production due to crude theft and underinvestment. Nigeria's Tinubu gets his turn as president, familiar problems await 2023-05-29T04:00:00Z He said that by unilaterally cutting oil production, Saudi Arabia was distancing itself from the United States, and specifically the Biden administration. Russia and Saudi Arabia’s Oil Partnership Shows Strain 2023-06-07T04:00:00Z New Mexico crude oil production was about 20 times higher than that of Kansas last year, according to the U.S. US offers oil and gas drilling rights in first auction since Biden's IRA 2023-05-25T04:00:00Z He called the oil production a “little operation” and criticism from environmentalists as “nonsense.” Flying drones and chasing data, Indigenous women in Guyana join fight against climate change 2023-05-24T04:00:00Z "Our view remains that Russia has cut its oil production by 500,000 bpd from February levels and its exports will likely align with production by late May," JP Morgan said. Oil edges up on supply worries, G7 pledge to enforce Russian price caps 2023-05-22T04:00:00Z Russia previously launched criminal proceedings against Greenpeace activists in 2013 when they attempted to scale an offshore oil rig in the Arctic Ocean belonging to state energy giant Gazprom, to protest against Arctic oil production. Russia labels Greenpeace an 'undesirable organisation' 2023-05-19T04:00:00Z Government Accountability Office concluded in a 2020 analysis on the effects of the oil-export ban that producers could charge higher prices compared to foreign oil once it was lifted, incentivizing domestic oil production. Democrats resurrect fossil fuels export ban that analysts fear would hike energy prices 2023-05-18T04:00:00Z The revision does not affect the EIA's historical estimated crude oil production in the Permian because "operators had already submitted their crude oil production to states," the EIA said. US sharply raises shale oil drilling count but not output forecast 2023-05-17T04:00:00Z He has also pledged to end all oil production in the state by 2045. Environmental group sues to block oil wells near California homes 2023-05-11T04:00:00Z Guyanese campaigners and environmentalists have previously challenged the government permitting process, saying that oil production fuels climate change and would damage the country's coral reefs and mangroves. Guyana's environmental agency appeals court decision against Exxon 2023-05-09T04:00:00Z Spain’s central government is urging increasingly strict rules on water use in Andalusia, the world’s most important region for olive oil production and a key source of fruits and vegetables for the European export market. Spanish Civil Guard raid illegal wells amid drought 2023-05-09T04:00:00Z In the time since, Biden vowed there would be “consequences” over oil production cuts by OPEC+, a group that includes Russia. White House national security adviser meets Saudi prince 2023-05-07T04:00:00Z Last October, after the OPEC+ alliance cut oil production, Biden said there would be consequences for the kingdom, which is a leading member. Biden dispatching top aide to meet with Saudi crown prince 2023-05-04T04:00:00Z He said oil production and emissions from wells contributes to that unhealthy air. Report finds that heat, drought and fires worsen air in the West 2023-04-19T04:00:00Z Oil drillers claim that restricting crude oil production will raise California’s already high gasoline prices. Opinion: I grew up next to an L.A. oil well. California can protect others from what I went through 2023-04-24T04:00:00Z Demand in Guyana has grown even higher since oil production began in 2019, with more people competing, said Ben Winston, 59, who sells bundles of wild grass seeds at the events. Guyana birdsong competitions flourish amid oil boom 2023-04-23T04:00:00Z Malaysia has faced accusations of forced labour in manufacturing and palm oil production over the years, including some by the United States, which banned imports from several of its firms for such practices. Malaysia probes cases of migrant workers left jobless, without passports 2023-04-20T04:00:00Z The administration saw the oil production cut — which boosted oil prices — as softening the financial blow on another OPEC+ member, Russia, caused by U.S. and Western sanctions imposed on Moscow for its war in Ukraine. Biden dispatching top aide to meet with Saudi crown prince 2023-05-04T04:00:00Z Many enterprises, including those involved in banking, telecommunications, oil production and construction, are in the hands of Islamists aligned with the military. Generals’ war chests have fueled fighting in Sudan. Now they’re at risk. 2023-04-19T04:00:00Z The global oil market will likely tighten in the second half of 2023 after the recent decision by OPEC+ to cut oil production, Spencer Dale, BP plc's chief economist said on Tuesday. Exclusive: Airbus advises airlines of 2024 delays, keeps output goals 2023-04-18T04:00:00Z “The trade with Sudan and oil production can be affected. … We need peace in Sudan,” Gatkuoth said. Sudan’s neighbors fear spillover as death toll from clashes nears 200 2023-04-17T04:00:00Z Kern County long ago eclipsed Los Angeles as the center of California oil production. "When will you protect our health?": Black Californians most at risk from oil and gas drilling 2023-04-18T04:00:00Z The White House summary did not mention the surprise decision earlier this month by Saudi-led OPEC+ to cut oil production. White House hails Yemen steps after meeting with Saudi crown prince 2023-04-15T04:00:00Z This year, gasoline prices have stabilized at lower levels, U.S. oil production is approaching record highs and the job market, while still strong, is cooling down along with inflation, administration officials say. Analysis: Biden's subdued reaction to OPEC+ cuts foreshadows economic slowdown, carries risk 2023-04-13T04:00:00Z And jet fuel prices, which have dropped since January, could surge because of OPEC’s surprising decision to cut oil production. Airline stocks shares fall on American’s so-so 1Q outlook 2023-04-12T04:00:00Z Brazil is now the largest recipient of Chinese investment in Latin America, driven by spending on high tension electricity transmission lines and oil production. Brazil's Lula puts Ukraine peace on his agenda in China 2023-04-11T04:00:00Z Los Angeles' long history of oil production has left aging wells and equipment littering the landscape. "When will you protect our health?": Black Californians most at risk from oil and gas drilling 2023-04-18T04:00:00Z Erik Milito, president of the National Ocean Industries Association, said oil production in the Gulf is less carbon intensive than the global average. Gulf Oil Platforms Emit Even More Methane than Reported 2023-04-07T04:00:00Z “There is going to be a significant need for U.S. domestic oil production for a great many decades to come,” he said. In Pristine Alaska, an Oil Giant Prepares to Drill for Decades 2023-04-06T04:00:00Z Saudi Arabia’s coldly pragmatic decision this past weekend to cut oil production and raise prices sent a simple message: The United States doesn’t call the shots in the Persian Gulf or the oil market anymore. Opinion | With oil production cut, the Saudis send a message to the U.S. 2023-04-04T04:00:00Z OPEC's surprise oil production cuts could lead to higher demand for U.S. oil in Europe and Asia and could encourage some other producers to boost output, industry executives and analysts said on Monday. Factbox: Virgin Orbit bankruptcy echoes Branson's past troubled ventures 2023-04-04T04:00:00Z Months later, Saudi Arabia publicly embarrassed Biden with a cut in oil production shortly before the midterm elections. On foreign policy, Biden’s gut is his guide 2023-04-03T04:00:00Z Saudi Arabia said on Sunday that its 500,000 barrel-a-day cut in oil production was a “precautionary measure aimed at supporting the stability of the oil market.” Oil Prices Jump, Signaling a ‘Proactive, Pre-emptive’ OPEC 2023-04-03T04:00:00Z The organization’s oil production cuts, even as Moscow’s war on Ukraine boosted energy prices, angered President Joe Biden and American lawmakers. Analysis: Saudi prince pivots to peace after years of war 2023-04-02T04:00:00Z DUBAI, United Arab Emirates — Saudi Arabia said Sunday it will cut oil production by 500,000 barrels per day from May until the end of 2023, a move that could raise prices worldwide. Saudis to cut oil production by 500,000 barrels per day 2023-04-02T04:00:00Z The Russian government recently announced a 5% cut in oil production through June because of decreased global demand. Putin’s power play to bully Europe collapses as U.S. overtakes Russia as top crude oil supplier 2023-04-02T04:00:00Z This year, New Mexico was awash in new revenue due in part to a financial windfall from oil production. Food for thought: New Mexico OKs meals for all students 2023-03-27T04:00:00Z More is needed to ensure natural wonders survive the next 50 years amid a financial windfall in state income linked to local oil production, she added. New Mexico OKs its 1st wildlife bridges to limit collisions 2023-03-23T04:00:00Z Olive oil production in the European Union for 2022-23 will fall by half compared to the previous season, according to official estimates, largely due to a drop in output from Spain caused by the drought. First major fire of year destroys 3,000 hectares in Spain 2023-03-24T04:00:00Z Meanwhile, the province boasts around 70% of the country’s oil production capacity. Corruption, deep disparity mark Iraq’s oil legacy post-2003 2023-03-24T04:00:00Z The group agreed in October to cut oil production targets by 2 million barrels per day until the end of 2023. Oil prices stabilize as banking deal eases some worries about crude appetite 2023-03-21T04:00:00Z At full capacity, it could increase total oil production in the state by more than a third. The dubious economic calculus behind the Willow project 2023-03-16T04:00:00Z She said 50 years of oil production on the petroleum-rich North Slope has shown that development can coexist with wildlife and the traditional, subsistence way of life. Major oil project approval intensifies Alaska Natives’ rift 2023-03-15T04:00:00Z Last year, there were calls to freeze cooperation with Saudi Arabia, including most arms sales, amid accusations that it helped underwrite the Russian war with Ukraine after OPEC+ announced it would cut oil production. US senators adopt new strategy to push Saudi Arabia on human rights 2023-03-15T04:00:00Z The government long played down the link between cancer rates in the south and oil production activity, saying cases are only marginally higher than the rest of the country. Corruption, deep disparity mark Iraq’s oil legacy post-2003 2023-03-24T04:00:00Z Democrats remain opposed to any measures that would boost domestic oil production, despite arguments from Republicans it would lower soaring energy prices. Schumer whacks House GOP energy package as ‘unserious’ 2023-03-15T04:00:00Z For Alaska, the project promises an economic boost after oil production dropped sharply since the late 1980s, and political leaders from both parties in the state united in support of it. Alaska oil project approval adds yet another climate concern 2023-03-13T04:00:00Z While originally set aside for oil production 100 years ago, only two sites produce oil there now — both run by ConocoPhillips — and the expanse provides important habitat for migrating caribou, waterfowl and other wildlife. Arctic oil project was a conundrum for Biden. Will there be others? 2023-03-13T04:00:00Z Separately, the administration moved to protect more than 13 million acres within the petroleum reserve, a 23-million acre chunk of land on Alaska’s North Slope set aside a century ago for future oil production. As Biden weighs Willow, he blocks other Alaska oil drilling 2023-03-12T05:00:00Z A: The project could produce up to 180,000 barrels of oil a day, according to the company - about 1.5% of total U.S. oil production. Alaska’s Willow oil project is controversial. Here’s why. 2023-03-13T04:00:00Z Separately, the Biden administration moved to protect more than 13 million acres within the petroleum reserve, a 23-million acre chunk of land on Alaska’s North Slope set aside a century ago for future oil production. Alaska’s Willow oil project is controversial. Here’s why. 2023-03-13T04:00:00Z The reserve is a 23-million acre area on Alaska's North Slope that was set aside a century ago for future oil production. Willow project: Biden curbs drilling ahead of decision on Alaska oil project 2023-03-13T04:00:00Z Manchin earlier on Friday said he would not support the nomination of Laura Daniel-Davis as assistant secretary of the Department of Interior, saying she supported higher royalty rates for Alaskan oil production. CERAWEEK-U.S. Senator Joe Manchin blasts Ford's battery deal with China's CATL 2023-03-10T05:00:00Z Since then, Saudi Arabia has angered Biden officials with cuts to oil production, which they say cost American consumers and generated profits for a Russian war machine heavily financed by oil. Saudi Arabia Offers Its Price to Normalize Relations With Israel 2023-03-09T05:00:00Z Bruce Robertson, an analyst with the Institute for Energy Economics and Financial Analysis, said the technology for sequestering carbon was first developed in the 1970s to help boost oil production. Denmark hopes to pump some climate gas beneath the sea floor 2023-03-08T05:00:00Z A: The project could produce up to 180,000 barrels of oil a day, according to the company — about 1.5% of total U.S. oil production. Alaska’s Willow oil project is controversial. Here’s why. 2023-03-13T04:00:00Z Willow oil and gas drilling proposal in Alaska's North Slope, a project the state's government is hoping can help the state reverse declining oil production and revenues. CERAWEEK Biden climate law will stumble without permitting reform, industry warns 2023-03-07T05:00:00Z The Exxon group can use 75% of the oil production to offset a variety of costs, including construction of its new Guyana headquarters. Shell, Chevron and Petrobras weigh Guyana oil auction bids -sources 2023-03-06T05:00:00Z President Biden had visited Riyadh just a few months earlier, bumping fists with Prince Mohammed, and believed that the Saudis would maintain higher oil production targets. Saudi Arabia Offers Its Price to Normalize Relations With Israel 2023-03-09T05:00:00Z He has high hopes for the country’s future but admitted they depend on a rebound in oil production and the return of foreign energy companies. A decade under Maduro, migration marks Venezuelans’ lives 2023-03-03T05:00:00Z Oil theft and pipeline sabotage are common in the southern oil production heartland of Nigeria, Africa's biggest crude producer. Nigeria oil pipeline blast kills at least one in Niger Delta 2023-03-03T05:00:00Z As the shale boom helped grow oil production in other parts of the country and sink oil prices, it hurt oil production and economic growth in Alaska. The climate tradeoff at heart of one of Biden’s biggest climate decisions 2023-03-01T05:00:00Z Despite the currency’s devaluation and inflation in recent months, Iraq’s prospects are good, he said, buoyed by strong oil production and high global oil prices. Iraqi president says country now peaceful, life is returning 2023-02-26T05:00:00Z Russia said recently that it would reduce its oil production by about 5 percent, which may indicate that it is encountering problems selling its oil. Europe Has Weathered an Energy Crisis, for Now 2023-02-24T05:00:00Z And oil production has been declining in the last decade. Nigeria election 2023: Charts that explain the nation 2023-02-23T05:00:00Z But those stratospheric profits didn't correspond to a big rise in oil production. California oil industry uses high gasoline prices to roll back climate agenda, critics allege 2023-02-22T05:00:00Z To water protectors, however, the greatest costs of the pipeline are its consequences for the climate, water, and the Canadian forest ecosystem decimated by tar sands oil production. Documents show how a pipeline company paid Minnesota millions to police protests 2023-02-19T05:00:00Z Russian oil production rose in 2022 but Moscow has announced an output cut for March, most likely in response to a Western cap on the price of its refined products. Putin, secure in power, sets stage for long and draining war 2023-02-15T05:00:00Z Multiple exchange rates, widespread insecurity and low oil production due to massive crude theft are all problems that worry investors. Explainer: What is at stake for investors in Nigeria's election? 2023-02-13T05:00:00Z U.S. oil production increased far beyond the peak oil predictions, thanks to the increased use of “fracking” and other production methods. Minerals are crucial for electric cars and wind turbines. Some worry whether we have enough. 2023-02-02T05:00:00Z President Biden, who has backed away from a campaign pledge to hold the kingdom to account for human rights abuses, clashed openly with Riyadh in the fall over cuts in oil production. After helping prince’s rise, Trump and Kushner benefit from Saudi funds 2023-02-12T05:00:00Z Russia did not consult with the OPEC+ group of leading oil producers on its decision to reduce oil production by 500,000 barrels per day in March, a Russian government source said on Friday. Syrian govt approves humanitarian aid delivery across frontlines-state media 2023-02-10T05:00:00Z Russia will reduce crude oil production by 500,000 barrels per day from March after major economies imposed a price cap on oil products. Russia to cut oil production over price caps 2023-02-10T05:00:00Z Oil prices jumped more than 2% as Russia announced plans to reduce oil production next month in response to Western price caps on the country's crude and oil products. Morning Bid: Volatility stirs 2023-02-10T05:00:00Z Ironically, Biden’s comment came as he tried to reassure critics that he recognizes the need for continued oil production. Biden’s oil comments spark debate over energy production 2023-02-09T05:00:00Z He lambasted companies for increasing investor profits instead of investing in domestic energy production, but made no mention of requiring investments in renewable energy sources or a commitment to reducing oil production. Biden spotlights climate victories in State of the Union. But where do we go from here? 2023-02-08T05:00:00Z But on Tuesday, the company announced less ambitious targets for cutting oil production as it reported making more money than ever in 2022. BP dials back climate pledge amid soaring oil profits 2023-02-07T05:00:00Z The process Saudi Aramco patented would seed clouds using silver iodide or other materials and then collect the rainfall in reservoirs it could draw on to boost oil production. Rainmaking Experiments Boom Amid Worsening Drought 2023-02-07T05:00:00Z Gordon Birrell, who runs the company’s oil production unit, said that nine major projects in Mauritania, Indonesia and the Gulf of Mexico off the United States were coming online through 2025. BP, in a Reversal, Says It Will Produce More Oil and Gas 2023-02-07T05:00:00Z It says that in 2022 the economy grew 15%, thanks to rising oil production along with President Maduro's decision to relax price and currency controls and allow more transactions in foreign currencies. Venezuela's slow economic recovery leaves poorest behind 2023-02-03T05:00:00Z Nigeria has faced oil production shortages due to crude theft in recent years, though production has started to recover. Nigeria disagrees with 'surprise' Moody's downgrade - finance minister 2023-02-02T05:00:00Z Absent from the discussion is any mention of what boosting oil production could mean for the Biden administration's climate goals. Exxon reports record profits, doubles down on fossil fuels 2023-02-02T05:00:00Z A plane may fly over an oil production site for two or three seconds, perhaps six times a year. Difficulty measuring methane slows plan to slash emissions 2023-01-31T05:00:00Z Russian oil production has so far shown resilience in the face of Western sanctions imposed after Moscow sent troops into Ukraine on Feb. 24 and price caps introduced by Western countries in December. Putin and Saudi crown prince discuss OPEC+ cooperation to maintain price stability -Kremlin 2023-01-30T05:00:00Z The United States, which has increased domestic oil production and taken other steps to nudge the U.S. economy off fossil fuels, no longer buys as much Middle Eastern oil as it once did. Biden vowed to punish Saudis over oil cut. That’s no longer the plan. 2023-01-26T05:00:00Z Despite decades of oil production in the Amazon, though, Indigenous communities nearby remain poor. Oil Drilled in the Amazon Rainforest Ends Up in California 2023-01-25T05:00:00Z The spokesman for Uganda’s ministry of energy and mineral development, Solomon Muyita, said the beginning of drilling at the Kingfisher oil field in the Kikuube district was “a significant stride” toward achieving commercial oil production. Uganda begins oil drilling, hopes for production by 2025 2023-01-24T05:00:00Z In the 1990s, as oil production began near those 25 hectares, executives went out of their way to protect nature, scientists said. Ecuador Tried to Curb Drilling and Protect the Amazon. The Opposite Happened. 2023-01-14T05:00:00Z They noted Mr. Biden previously requested more oil from adversaries like Iran and Venezuela and accused his green energy policies of hurting domestic oil production. House passes bill to bar oil sales to China from emergency stockpile 2023-01-12T05:00:00Z An oil company with a drilling operation in Wilmington filed a lawsuit Tuesday against the city of Los Angeles over its a sweeping new law that will phase out oil production. Oil companies sue L.A. over ban on drilling 2023-01-11T05:00:00Z The package specifically allows consideration of legislation to require that any future release of oil from the reserve be contingent upon oil production on federal lands in the United States. New House Rules Make It Easier to Dump Speaker, Harder to Spend or Raise Taxes 2023-01-09T05:00:00Z Indonesia and Malaysia account for 85% of global palm oil production, which plays an important role in their economic recovery. Malaysia pledges to invest in Indonesia’s new capital 2023-01-09T05:00:00Z Despite three decades of oil production nearby, the community lacks a sanitation system and all water is collected from a nearby river. Ecuador Tried to Curb Drilling and Protect the Amazon. The Opposite Happened. 2023-01-14T05:00:00Z The December decline was led by a drop in the price of vegetable oils amid shrinking import demand, expectations of increased soy oil production in South America and lower crude oil prices. Global food prices in 2022 hit record high amid drought, war 2023-01-06T05:00:00Z Natural gas and oil production are tightly related, and oil production in California is about two-thirds of what it was in 1985. Get ready for a massive SoCalGas bill this month, as natural gas prices soar 2023-01-06T05:00:00Z The U.S. slightly eased sanctions to allow energy giant Chevron to resume oil production in Venezuela. U.S. looks for opportunity in demise of Guaidó, whom it recognized as 'interim president' of Venezuela 2023-01-05T05:00:00Z A Canadian energy regulator said on Friday that it has laid charges against Suncor Energy Inc after a worker was injured in 2019 on the Terra Nova floating oil production storage and offloading vessel. U.S. begins buying back oil for strategic petroleum reserve -official 2022-12-16T05:00:00Z But even as protesters demanded an end to the president’s plans to double oil production, they also insisted the government bring down fuel prices, something that typically creates more demand. Ecuador Tried to Curb Drilling and Protect the Amazon. The Opposite Happened. 2023-01-14T05:00:00Z Public engagement efforts are another factor DOE is considering that could weigh against proposals that include oil production. Race to Develop Carbon Removal Technology Begins with Record Funding 2022-12-14T05:00:00Z Road blockades by protesters from indigenous communities have also cut into its oil production. Ecuador's state oil firm says weather power outage hits hundreds of wells 2022-12-13T05:00:00Z Analysts also say that it is still possible that the sanctions will result in a sizable drop in Russian oil production even if the amount is less than was once feared. Oil Prices Drop, Despite Heightened Sanctions on Russian Crude 2022-12-09T05:00:00Z The Biden administration has criticized oil companies for not raising their oil production to help lower prices to consumers. Exxon, Chevron to spend billions more on oil projects next year 2022-12-08T05:00:00Z Iran drastically cut oil production, there were gas shortages and prices rose sharply. Penalizing high gas costs could be 2023's biggest legislative fight. Hopefully, lawmakers learned from the past 2022-12-08T05:00:00Z He said it’s better to use CO2 that’s pulled from the air for oil production than pulling CO2 from underground and reinjecting it. Race to Develop Carbon Removal Technology Begins with Record Funding 2022-12-14T05:00:00Z Top Biden aides thought they had reached a secret agreement with Saudi officials in May to increase oil production through the end of this year, though officials in Riyadh have denied making such promises. U.S. Court Dismisses Suit Against Saudi Ruler in Khashoggi Killing 2022-12-06T05:00:00Z In Indonesia and Malaysia, palm oil production is spurring large-scale rainforest destruction. Essential reads on issues in the Amazon 2022-12-06T05:00:00Z The group also said that the loss of oil production in the city of Los Angeles would lead to more imports of oil coming into California through the Ports of Long Beach and Los Angeles. In historic move, L.A. bans new oil wells, phases out existing ones 2022-12-02T05:00:00Z The U.S. government expects overall oil production to reach a new peak next year, but it has several times this year cut its forecasts. Analysis: Energy hungry Europe can't look to U.S. shale to fill any OPEC gap 2022-12-02T05:00:00Z The administration thought it had reached a quiet deal for the Saudis to increase oil production this fall. White House Weighs How Forcefully to Support Protesters in China 2022-11-28T05:00:00Z “It wouldn’t be an instantaneous effect,” he told Bloomberg television about the possibility of resuming oil production in Venezuela. Biden administration grants Chevron license to expand oil operations in Venezuela 2022-11-26T05:00:00Z The company believes that it can do this by capturing and reusing the carbon dioxide emitted during oil production, rather than allowing it to enter the atmosphere. Saudi Arabia has a new green agenda. Cutting oil production isn’t part of it 2022-11-25T05:00:00Z The Los Angeles City Council votes to take steps to phase out oil production in the city, a move celebrated by environmentalists. In historic move, L.A. bans new oil wells, phases out existing ones 2022-12-02T05:00:00Z The Permian Basin of west Texas and New Mexico, the largest and most important U.S. oilfield, is the only U.S. shale region to exceed its pre-COVID-19 pandemic oil production levels, according to U.S. Analysis: Energy hungry Europe can't look to U.S. shale to fill any OPEC gap 2022-12-02T05:00:00Z "The Turkish authorities have targeted civilian facilities, services like power stations, oil production facilities," he added. Islamic State: Kurdish forces threaten to stop guarding camps 2022-11-24T05:00:00Z A U.S. authorization for Chevron to help rebuild the country's sagging oil production was one of the biggest plums for bringing about talks between the Venezuelan government and its opposition. U.S. prepared to authorize Chevron to boost Venezuela's oil output 2022-11-23T05:00:00Z That would allow Aramco to claim success if it increases oil production while keeping its emissions the same. Saudi Arabia has a new green agenda. Cutting oil production isn’t part of it 2022-11-25T05:00:00Z Saudi Arabia, for one, enraged U.S. officials in October by announcing a decision to cut its oil production weeks ahead of the midterm elections. At Qatar’s World Cup, Biden’s envoy balances firmness and flattery 2022-11-22T05:00:00Z Kirby, the National Security Council spokesman, said the U.S. decision had “absolutely nothing” to do with “tense” U.S.-Saudi relations over Saudi-led oil production cuts, and other matters. Saudi prince’s new title key to dodging lawsuit over killing 2022-11-18T05:00:00Z Those officials say they still hope Saudi Arabia will increase oil production if Russia refuses to sell oil to nations that abide by a proposed price cap that would go into effect in early December. U.S. Backs Immunity for Saudi Leader in Lawsuit Over Khashoggi Murder 2022-11-18T05:00:00Z Shell, for example, has paid no taxes on gas and oil production in Britain since 2017 because of exemptions related to money spent on new investment and decommissioning old fields. Will Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies? 2022-11-18T05:00:00Z Hess anticipates U.S. oil production will hit around 13 million barrels per day in the next few years and then plateau. Hess CEO says 'OPEC back in driver's seat' as U.S. shale growth slows 2022-11-17T05:00:00Z "If we hadn't intervened in time, falling oil production would have put us in a situation of a lot of risk: it would lead - possibly - to a severe economic and financial crisis," he said. EXCLUSIVE Mexico's Pemex risks fines rather than fix violations -sources 2022-11-17T05:00:00Z Despite talking about fixing climate change more than ever, for instance, all major oil companies are on track to increase oil production by 2026, according to a report earlier this year. It’s not just Coca-Cola: Corporations have co-opted the UN climate talks 2022-11-16T05:00:00Z After protests organized in part by oil companies, Mr. Petro tweeted reassurances that oil production and exploration were still “continuing normally.” Colombia Leads a New Latin American Left Into the Climate Fight 2022-11-15T05:00:00Z On the global stage last month, major oil producers pledged to reduce crude oil production by 2 million barrels a day. Gas prices dive just in time for Thanksgiving road trips 2022-11-14T05:00:00Z Increased funding for Taiwan’s security in the face of Chinese threats and possible moves to punish Saudi Arabia for its decision to cut oil production may be considered. Congress faces busy lame-duck session as it returns to Washington 2022-11-14T05:00:00Z The world's most indebted oil company, whose profits were for years plundered to fund government spending, has struggled to reverse a decade of declining oil production. EXCLUSIVE Mexico's Pemex risks fines rather than fix violations -sources 2022-11-17T05:00:00Z Saudi Arabia's energy minister said OPEC+ will remain cautious on oil production, noting that members saw "uncertainties" in the global economy ahead of the bloc's next meeting in December, Bloomberg News reported on Friday. At least 17 dead in Egypt after bus falls into canal - security sources 2022-11-12T05:00:00Z The Saudi-led OPEC+ cartel months later cut oil production in a blow to the Biden administration's efforts to contain domestic gas prices and inflation. Biden has no plans to meet with Saudi crown prince at G20, White House says 2022-11-12T05:00:00Z U.S. crude stocks rose as domestic oil production gained, while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Occidental's project to capture CO2 takes a hit from inflation 2022-11-09T05:00:00Z State government income and spending have surged in the midst of record-setting oil production in the southeastern corner of the state. Congressional race in southern New Mexico too early to call 2022-11-09T05:00:00Z “The facts are clear: This Admin outpaced the previous Admin on crude oil production + oil/gas well approvals while also making historic investments in a clean energy transition,” she said in a Nov. 2 tweet. Republicans rip Biden’s energy agenda after he vows ‘no more drilling’ 2022-11-07T05:00:00Z For decades, companies routinely burnt off gas - whose main component is methane - that came to the surface as a byproduct of oil production and exploration. Mexico's Pemex had a plan to fix its flaring problem, but abandoned it 2022-11-07T05:00:00Z Olive oil production in the European Union as a whole is forecast to fall drastically compared with last year, according to the Committee of Professional Agricultural Organizations and the General Confederation of Agricultural Cooperatives, Drought tests resilience of Spain’s olive groves and farmers 2022-11-06T04:00:00Z They have also said that Biden should have loosened restrictions on oil production, in order to increase domestic output and lower gasoline prices. Biden stumps on job growth, as voters dread inflation 2022-11-04T04:00:00Z Biden has pushed for more oil production to lower gasoline prices. Five Tensions That Could Derail the COP 27 Climate Summit 2022-11-04T04:00:00Z U.S. officials believed they had struck a secret deal with the Saudis in May for the kingdom to increase oil production. Five Ways Sanctions Are Hitting Russia 2022-11-04T04:00:00Z In the United States, where high gas prices have caused a political problem for Democrats, President Biden unsuccessfully tried to get Saudi Arabia to increase oil production in order to ease pain at the pump. As Other Global Crises Collide, Nations Converge to Address Climate Change 2022-11-04T04:00:00Z U.S. oil production was 11.98 million bpd in August, the latest month of official figures, as producers raise activity after pandemic cutbacks. U.S. crude oil exports to Asia poised to hit record high 2022-11-03T04:00:00Z Meanwhile, growth has slowed in China, the pace of world trade is slipping and Saudi Arabia-led OPEC+ has cut oil production in order to prop up prices. Biden stumps on job growth, as voters dread inflation 2022-11-04T04:00:00Z Gabon’s oil production, meanwhile, was declining as its oil fields matured. Can a Nation Replace Its Oil Wealth With Trees? 2022-11-03T04:00:00Z Obasanjo, like others before and after him, failed to curb ethnic, religious and regional tensions, including the continuing instability in the Niger Delta, where oil production has been severely disrupted by kidnappings and violence. Nigeria's Obasanjo clinches unlikely Ethiopia truce 2022-11-02T04:00:00Z It was a moment when the U.S. urgently needed the kingdom to keep up oil production. Saudis in US targeted as kingdom cracks down on dissent 2022-11-01T04:00:00Z The winner also will oversee a windfall in state government income linked to oil production, in a state with persistently high rates of childhood poverty and low-marks for public school performance. Crime opens political lane for GOP in Democratic New Mexico 2022-11-01T04:00:00Z In an apparent effort to bolster prices, Saudi Arabia and allies recently announced a cut in oil production amounting to about 2 percent of global output. Saudi Aramco Reports $42 Billion in Profit as Cash Rolls In 2022-11-01T04:00:00Z Since peaking in 1997, Gabon’s oil production has decreased by more than a third. Can a Nation Replace Its Oil Wealth With Trees? 2022-11-03T04:00:00Z OPEC+ faced one of its biggest clashes with the West after it agreed oil production cuts in October, a decision the U.S. administration called shortsighted. OPEC+ 'only a phone call away' if world needs more oil - UAE minister 2022-10-31T04:00:00Z Biden announced earlier this month that there would be “consequences” for Saudi Arabia after the Riyadh-led OPEC+ alliance moves to cut oil production. Biden to head to Cambodia, Egypt, Indonesia for summits 2022-10-28T04:00:00Z American oil production this year is averaging 11.7 million barrels a day, an increase of just over 4 percent from 2021, according to the Energy Department. Oil Giants, With Billions in Profits, Face Criticism and an Uncertain Outlook 2022-10-28T04:00:00Z So far, Russian oil production, the third-largest after the United States and Saudi Arabia, has been resilient to sanctions, buoyed by rising sales to China and India. EXCLUSIVE Russia's finance ministry cuts 2023 taxable oil expectations 2022-10-28T04:00:00Z President Biden thought he had secured a secret pledge from Saudi Arabia to increase oil production. Your Thursday Briefing: Iran’s Protests Intensify 2022-10-26T04:00:00Z U.S. officials accuse Saudi Arabia of flip-flopping on oil production. Tech Stocks Tumble as Growth Falters 2022-10-26T04:00:00Z Before a summer trip to Saudi Arabia, President Biden thought he had secured a pledge to increase oil production. A Social Media Status Update 2022-10-26T04:00:00Z But relations between the United States and the world’s top swing producer have deteriorated markedly since then, precipitated by OPEC’s decision this month to reduce oil production. How Saudi Arabia’s Blowup With Biden Threatens Democrats in 2022 2022-10-25T04:00:00Z In briefings with congressional intelligence and foreign affairs committees, Mr. McGurk and Mr. Hochstein laid out the elements of the agreements they had brokered with the Saudis, including the oil production boost. A Secret Deal, Wishful Thinking: How the U.S.-Saudi Relationship Ruptured 2022-10-25T04:00:00Z Nigeria's presidential frontrunner Bola Tinubu on Friday promised to remove a fuel subsidy if elected next February, adding that his government would ramp up oil production and deregulate midstream gas prices within six months. Ten soldiers killed, 50 wounded in attack on Burkina Faso army base 2022-10-24T04:00:00Z The Biden administration believed it had reached a secret deal with Riyadh over the summer to boost oil production and lower energy prices, The Times reports. Tech Stocks Tumble as Growth Falters 2022-10-26T04:00:00Z The White House is hoping that plans to refill the Strategic Petroleum Reserve will spur new domestic oil production, but energy companies are skeptical. Markets Appear Ready for Stability in U.K. Government 2022-10-24T04:00:00Z The president met with Prince Mohammed and exchanged a cordial fist-bump, seeking to repair relations in hopes of winning an agreement to ramp up oil production. U.S. Executives Are Flocking to Saudi Davos in the Desert 2022-10-24T04:00:00Z But in Riyadh, top Saudi officials were privately telling others that they had no plans for further meaningful oil production increases. A Secret Deal, Wishful Thinking: How the U.S.-Saudi Relationship Ruptured 2022-10-25T04:00:00Z A coalition of oil-producing nations led by Russia and Saudi Arabia announced last week that they would slash oil production, a move that will soon send gas prices back up. As the Fed fights inflation, worries rise that it’s overcorrecting 2022-10-11T04:00:00Z Jim Geraghty made the case for not building a planned air defense testing center in Saudi Arabia as a way of punishing the kingdom for cutting oil production. Opinion | Stop expecting the Saudis to assist us at their own expense 2022-10-21T04:00:00Z As a result, oil drillers have been tepid in exploring the basin, despite high gas prices and calls to boost American oil production. How a Utah utility is helping an Estonian oil company hoard Colorado River water 2022-10-23T04:00:00Z The U.S. has quietly assured the oil production cartel that it won’t be subject to the same sort of price caps that the Group of 7 countries are imposing on Russia, Reuters reports. Tesla Optimists Are in Retreat 2022-10-20T04:00:00Z And this month, the White House said it was reviewing the relationship with Saudi Arabia, responding to the decision by the Saudi-led Opec plus group of producers to reduce their oil production. Joe Biden's unusual fight to bring down gas prices 2022-10-19T04:00:00Z In remarks at the White House, Mr. Biden rebutted the notion that his administration had placed curbs on domestic oil production. Biden Expands Effort to Secure U.S. Energy Independence 2022-10-19T04:00:00Z The reserve now contains roughly 400 million barrels of oil, a level that opponents say has more to do with Biden’s attempts to help his fellow Democrats than spur more oil production in the U.S. Facing tough midterms, Biden releasing oil from US reserve 2022-10-19T04:00:00Z During their meeting at the Al Salam Royal Palace, the two leaders addressed a range of issues, including oil production and human rights. Retired U.S. generals, admirals take top jobs with Saudi crown prince He pushed for greater domestic oil production, and began traveling abroad for talks that soothed relations with most foreign suppliers. Charles W. Duncan Jr., Energy Secretary in Oil Crisis, Is Dead at 96 2022-10-18T04:00:00Z And despite recent turbulence between the U.S. and Saudi Arabia over a cut to oil production, Malave said Lockheed had not been asked to alter deliveries to the Kingdom of Saudi Arabia. Lockheed beats estimates on F-35 sales, maintains guidance 2022-10-18T04:00:00Z The news come at a time when the Biden administration is looking to reevaluate its relationship with Saudi Arabia, after OPEC+ oil producers announced oil production cuts over U.S. objections. U.S. says it's raised concerns with Saudis over detention of U.S. citizen 2022-10-18T04:00:00Z The hard math for Biden is that oil production has yet to return to its pre-pandemic level of roughly 13 million barrels a day. Facing tough midterms, Biden releasing oil from US reserve 2022-10-19T04:00:00Z Iraqi Environment Minister Jassem al-Falahi has acknowledged that pollution from oil production is the main reason for increases in local cancer rates. Iraqi minister admits gas flaring cancer link 2022-10-17T04:00:00Z Saudi Arabia’s support for oil production cuts this winter seemed to have emboldened the Russian president, said the same Moscow executive, who maintains contacts with political officials. As Putin escalates war, some in Russia’s business elite despair 2022-10-13T04:00:00Z The Saudi statement also denied that it was solely responsible for the decision to cut oil production, saying such measures were based on “consensus.” U.S., Saudi Arabia spar over decision to cut oil production 2022-10-13T04:00:00Z Meanwhile, Saudi Arabia and the United States continued to clash over a decision by the Organization of Petroleum Exporting Countries and allies, known as OPEC+, last week to cut its oil production target. Oil slides as U.S. crude and gasoline stocks surge 2022-10-14T04:00:00Z The Biden administration, in turn, said it was reassessing its relationship with the desert kingdom, a longtime if often problematic ally, after its “shortsighted” decision on oil production. Saudis angrily say U.S. oil accusations are political, unfounded 2022-10-13T04:00:00Z And while the oil production cut will benefit Mr. Putin, Saudi Arabia sided with the U.S. this week in a U.N. U.S. and Saudi officials trade shots over OPEC cuts, testing longstanding ties 2022-10-13T04:00:00Z President Joe Biden said on Tuesday there would be “consequences” for Saudi Arabia for backing recent oil production moves that were seen as likely to help Russia in its war with Ukraine. Connecticut GOP candidate acknowledges work in Saudi Arabia 2022-10-12T04:00:00Z Gasoline prices have likely bottomed following last week's decision by the Organization of Petroleum Exporting Countries and allies to cut oil production. U.S. consumer prices increase more than expected in September; weekly jobless claims rise 2022-10-13T04:00:00Z On the issue of oil, Biden said Wednesday the administration would “react to Saudi Arabia” in response to the Riyadh-led OPEC+ alliance announcement last week that it would cut oil production. Biden global strategy tackles China, Russia, domestic needs 2022-10-12T04:00:00Z Sullivan echoed Biden's comments from earlier in the week that the U.S. is "reevaluating" its relationship with Saudi Arabia after OPEC+ announced last week that it would cut its oil production target over U.S. objections. Biden's national security plan aims at China, Russia 2022-10-12T04:00:00Z He vowed yesterday to impose “consequences” on the kingdom after it teamed up with Russia for a huge cut in oil production. Markets Turmoil Roils Britain once Again 2022-10-12T04:00:00Z President Biden said there would be consequences for Saudi Arabia after its decision to cut oil production. A Republican Burden 2022-10-12T04:00:00Z The crown prince and the House of Saud just thumbed their nose at Western inflation by cutting oil production. Opinion | I have not forgotten about Jamal Khashoggi 2022-10-11T04:00:00Z And a decision last week by a Saudi- and Russian-led coalition to slash oil production is likely to send gas prices climbing again, which could sour the public even further. Biden scrambles to avert cracks in pro-Ukraine coalition 2022-10-11T04:00:00Z The scrutiny has been renewed in the aftermath of the oil production cut, as detractors ask what Biden got in return for the visit. Biden to review U.S. ties with Saudi Arabia, White House says 2022-10-11T04:00:00Z President Biden vowed to impose “consequences” on Saudi Arabia for teaming up with Russia to cut oil production. Your Wednesday Briefing 2022-10-12T04:00:00Z OPEC’s decision also flew in the face of Mr. Biden’s thinly-veiled public pleas and private lobbying to Saudi Arabia to at least maintain global oil production quotas as gas prices peaked over the summer. Biden demands re-evaluation of U.S.-Saudi relationship after OPEC cuts 2022-10-11T04:00:00Z President Biden is re-evaluating the U.S. relationship with Saudi Arabia after the kingdom collaborated with Russia to cut oil production in a move that could raise American gas prices. Your Wednesday Briefing: Ukraine Seeks an ‘Air Shield’ 2022-10-11T04:00:00Z Biden and European leaders have urged more oil production to ease gasoline prices and punish Moscow for its aggression in Ukraine. Biden reevaluating US-Saudi relationship amid Democrat anger 2022-10-11T04:00:00Z President Vladimir Putin said on Tuesday that Russia was not working against anyone on energy markets, a week after Washington criticised a decision by OPEC+ to steeply cut oil production. SEC scrutiny into Wall Street communications widens to investment funds - sources 2022-10-11T04:00:00Z The decision by OPEC+ to cut oil production by 2 million barrels a day has outraged the West, where many saw it as a move that would help Putin finance Russia’s action in Ukraine. Putin hosts United Arab Emirates leader for economic talks 2022-10-11T04:00:00Z Biden said last week he was disappointed with Saudi Arabia’s role in the latest oil production cut and said the administration was looking at options. Key Senate chair urges US to freeze cooperation with Saudis 2022-10-10T04:00:00Z Biden flew to Jeddah in July for a Gulf summit to try to mend relations, but left without securing a deal for higher oil production. UAE president to meet Russia's Putin on Tuesday -WAM 2022-10-10T04:00:00Z Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was "unhelpful and unwise" for the global economy, especially emerging markets, the Financial Times said on Sunday. U.S. says it will continue offering security assistance to Ukraine 2022-10-09T04:00:00Z The OPEC+ decision to cut oil production despite stiff U.S. opposition has further strained already tense relations between President Joe Biden's White House and Saudi Arabia's royal family, Reuters reported on Saturday. Kremlin praises OPEC+ for countering U.S. 'mayhem' 2022-10-09T04:00:00Z But his approval remains mired in the low 40-percent range, and gas prices began ticking back up even before the recent decision by Saudi Arabia and Russia to cut oil production. 4 Weeks Out, Senate Control Hangs in the Balance in Tumultuous Midterms 2022-10-08T04:00:00Z Last week’s oil production cuts delivered one of the sharpest yet in a series of blows in the U.S. and Saudi relationship. Key Senate chair urges US to freeze cooperation with Saudis 2022-10-10T04:00:00Z The announcement came less than a week after OPEC+, a group of oil producers that includes the UAE and Russia, agreed steep oil production cuts in defiance of U.S. pressure. UAE president to meet Russia's Putin on Tuesday -WAM 2022-10-10T04:00:00Z Mr. Biden cannot cajole the Saudis to do anything regarding oil production. Opinion | The U.S. should show that it won’t be blackmailed 2022-10-07T04:00:00Z Treasury Secretary Janet Yellen said a decision by OPEC+ to cut oil production was "unhelpful and unwise" for the global economy, the Financial Times reported. Kremlin praises OPEC+ for countering U.S. 'mayhem' 2022-10-09T04:00:00Z West Texas Intermediate futures were trading around $92.51 a barrel on Friday, up more than $10 in just a week after OPEC+ said it would cut oil production by 2 million barrels per day. U.S. Midwest, Mountain West oil activity declines in third quarter - Fed survey 2022-10-07T04:00:00Z White House officials have strongly denied that the goal of the trip was to spur Saudi oil production. Biden’s Saudi trip faces new scrutiny after OPEC oil cut 2022-10-06T04:00:00Z Senator Chuck Grassley said on Thursday he will try to add his bill pressuring OPEC+ to an annual defense policy bill after the group this week announced an oil production cut. Republican U.S. senator seeks to put bill pressuring OPEC+ onto defense bill 2022-10-06T04:00:00Z But, Wednesday’s announcement by OPEC+, a coalition of two dozen oil-producing countries, to cut oil production by 2 million barrels a day has the potential to affect California prices, officials said. Record-setting gas prices in Southern California fall slightly, but for how long? 2022-10-06T04:00:00Z Calling the oil production cuts “a hostile act,” New Jersey Democratic Rep. Tom Malinowski led two other lawmakers in introducing legislation that would pull U.S. troops and Patriot missile batteries out of the kingdom. A bump and a miss: Saudi oil cut slaps down Biden’s outreach 2022-10-06T04:00:00Z He left with a quiet understanding that the Saudis would increase oil production to help push global prices down. Biden says the U.S. is eyeing ‘alternatives’ to OPEC oil. 2022-10-06T04:00:00Z But OPEC+, the group of oil-producing nations led by Saudi Arabia, moved Wednesday to cut oil production — a blow to the Biden administration, which worked hard to head off the move. Biden to designate Colorado's Camp Hale a national monument 2022-10-06T04:00:00Z Alexander Novak, Russia deputy prime minister, also warned that Russia might further slash its oil production to soften the blow from the price cap. New E.U. sanctions against Russia lay out a cap on oil prices. 2022-10-06T04:00:00Z Another reason: The summer highs came about because of fears that much of Russia’s oil production would be lost to the market over the war in Ukraine. EXPLAINER: How will OPEC+ cuts affect oil prices, inflation? 2022-10-06T04:00:00Z Far sharper oil production cuts since then, however, have offset that, even before this week’s. A bump and a miss: Saudi oil cut slaps down Biden’s outreach 2022-10-06T04:00:00Z President Biden said Thursday he doesn’t regret his controversial visit to Saudi Arabia, even after the kingdom ignored his pleas to increase oil production and announced this week that OPEC+ would cut supply. Biden says he doesn’t regret Saudi trip, even as OPEC+ agrees to cut production 2022-10-06T04:00:00Z And our own oil production has fallen over the decades, largely because wells have been pumped out. Newsom wants to tax oil companies for soaring gas prices. It'll be a bumpy road for motorists no matter what 2022-10-06T04:00:00Z The cut represents about 2 percent of global oil production and is the first in more than two years. Your Thursday Briefing 2022-10-06T04:00:00Z This would be the first time the group cut oil production targets since the beginning of the pandemic. OPEC, allies move to slash oil production, eliciting blistering White House response 2022-10-05T04:00:00Z It came after a concerted but ultimately unsuccessful diplomatic effort by Washington to halt the oil production cut, a signal that Mr. Biden’s influence over his Gulf allies was far less than he had hoped. OPEC Move Shows the Limits of Biden’s Fist-Bump Diplomacy With the Saudis 2022-10-05T04:00:00Z That culminated on Wednesday, when the Saudi-led OPEC+ announced it will slash oil production by 2 million barrels per day, the biggest cut since the start of the pandemic. Biden says he doesn’t regret Saudi trip, even as OPEC+ agrees to cut production 2022-10-06T04:00:00Z The oil industry cartel and its allies, including Russia, approved a drop in oil production of two million barrels a day to shore up prices. Your Thursday Briefing: U.S. Believes Ukrainians Were Behind a Killing in Russia 2022-10-05T04:00:00Z In July, US President Biden visited Saudi Arabia, the largest oil producer within Opec+, to ask Crown Prince Mohammed bin Salman to increase oil production. Opec: What is it and what is happening to oil prices? 2022-10-05T04:00:00Z Malinowski and Casten called the cut to oil production a “hostile act.” OPEC, allies move to slash oil production, eliciting blistering White House response 2022-10-05T04:00:00Z A big oil production cut by OPEC+ members will not spur new U.S. oil and gas production, energy executives told Reuters, despite the likely rise in prices that could signal higher profits and inflation pressures. Some French fuel stations run dry as refinery strike grinds on 2022-10-05T04:00:00Z A big oil production cut by OPEC+ members will not spur new U.S. oil and gas production, energy executives told Reuters, despite the likely rise in prices that could signal higher profits and inflation pressures. France to turn off hot water in public offices to save energy 2022-10-05T04:00:00Z Analysis: The cut of two million barrels a day represents about 2 percent of global oil production during a time of reduced global demand. Your Thursday Briefing: U.S. Believes Ukrainians Were Behind a Killing in Russia 2022-10-05T04:00:00Z Those prices are under pressure not only by a slowing economy but also by increased oil production in the United States, Guyana, Brazil and other countries. Saudi Arabia and Russia May Find Their Oil Pricing Power Limited 2022-10-04T04:00:00Z Since the group slashed oil production in early 2020 when demand collapsed because of the coronavirus pandemic, the producers have announced a series of steady monthly increases, though they have generally not met those goals. OPEC Plus Considering Major Production Cut to Prop Up Oil Prices 2022-10-02T04:00:00Z While Lula has voiced support for the transition to clean energy, he has also said he would expand oil production, particularly of the "pre-salt," a reserve of petroleum off the coast of Brazil. In Brazil’s presidential election, the fate of the Amazon is at stake 2022-09-30T04:00:00Z Since then, American oil production has grown enormously, transforming the country from a vulnerable importer of fuel to a major energy exporter. Even as Oil Prices Ease, U.S. Keeps Tapping Strategic Reserve 2022-09-29T04:00:00Z Such fields are a major part of oil production - accounting for 50% of these five companies' portfolios, on average. Big oil's toxic emissions from flaring undeclared 2022-09-28T04:00:00Z Mr. Biden, who has suffered in the polls amid persistent inflation under his administration, said the “small, temporary” impact on oil production due to the storm is “no excuse for price increases at the pump.” Biden warns Big Oil not to use Hurricane Ian as excuse for raising prices 2022-09-28T04:00:00Z Russian oil production has held up better than many analysts expected under sanctions imposed by the West over the war in Ukraine. OPEC Plus Considering Major Production Cut to Prop Up Oil Prices 2022-10-02T04:00:00Z "This small temporary storm impact on oil production provides no excuse for price increases at the pump, none," he added. Biden says he spoke with Florida governor about Hurricane Ian 2022-09-28T04:00:00Z Blinken said U.S. efforts include surging liquefied natural gas to Europe, increasing U.S. oil production and tapping into the Strategic Petroleum Reserve. European leaders blame Russian ‘sabotage’ after Nord Stream explosions 2022-09-27T04:00:00Z Flaring of natural gas is the "wasteful" burning of excess gas released during oil production. Big oil's toxic emissions from flaring undeclared 2022-09-28T04:00:00Z World leaders have beat a path to Riyadh to ask for more oil production. Analysis: Saudi prince's Ukraine mediation signals 'useful' Russia ties - analysts 2022-09-23T04:00:00Z The plan would help boost oil production, the administration said. Valero, Marathon top beneficiaries of U.S. emergency oil releases 2022-09-21T04:00:00Z Yet at the same time, the report found that all five companies were on track to increase oil production by 2026. Oil companies say they’re going green, but their investments tell another story 2022-09-17T04:00:00Z The administration said it believes the plan would help boost domestic oil production. U.S. emergency oil reserves tumble to lowest since 1984 2022-09-12T04:00:00Z The move came after the cash-strapped government was forced to sell off some of its existing central bank gold reserves while crude exports were squeezed by U.S. sanctions and Venezuela's oil production dropped. Venezuela pushes out small gold miners as Maduro seeks more revenue 2022-09-12T04:00:00Z The world’s biggest hub for olive oil production is struggling with a crippling drought. Credit Card Issuers Join the Fight to Limit Mass Shootings 2022-09-12T04:00:00Z But the state has made some efforts to control or reduce oil production, including a proposed ban on new oil and gas wells within 3,200 feet of homes, schools and healthcare facilities. With gas-fueled car ban, California hopes to lead the nation. Can it deliver? 2022-09-06T04:00:00Z Until oil production began, gold and rice exports had dominated the country’s foreign exchange earnings. Guyana expects billion-dollar oil earnings this year 2022-09-05T04:00:00Z An agreement could mean an end to U.S. sanctions that have taken much of Iran’s oil production off the market. OPEC+ faces what to do about lower oil prices; drivers cheer 2022-09-05T04:00:00Z The group is expected to meet on Monday to set oil production levels. In a Surprise, Russia Says the Gas Pipeline to Germany Will Remain Closed 2022-09-02T04:00:00Z Russian oil production may increase this year, Deputy Prime Minister Alexander Novak said on Thursday, despite Western sanctions over Ukraine, while the country supports OPEC+ deal extension beyond 2022. Exxon, Shell sell California oil assets for $4 billion to IKAV 2022-09-01T04:00:00Z In a statement, the company said that thanks to Mr. Maganov the company “evolved from a small oil production group to one of the world’s leading energy companies in next to no time.” A Russian Oil Executive Dies Under Murky Circumstances 2022-09-01T04:00:00Z Decades of spills from when oil production launched in 1950s has left once-vibrant creeks awash with hydrocarbons. Nigeria's Ogoniland is dirtier than estimated despite landmark oil cleanup 2022-09-01T04:00:00Z But prices have steadily decreased with increased oil production, helping to bring gas prices down and easing broader recession fears. Portugal Could Hold an Answer for a Europe Captive to Russian Gas 2022-09-01T04:00:00Z “Research shows, of course, that people of color, Black, brown and Indigenous people suffer the greatest consequences of this toxic proximity and these are the same communities that have oil production in their backyards.” California lawmakers OK buffer zones between new oil wells and homes, schools 2022-08-31T04:00:00Z U.S. crude oil production rose in June by 1.7% to its highest since April 2020, according to a monthly report from the U.S. EXCLUSIVE Exxon, Shell close to selling California oil and gas venture Aera - sources 2022-08-31T04:00:00Z U.S. crude oil production rose in June by 1.7% to its highest since April 2020, according to a monthly report from the U.S. Oil leaking from bulk carrier off Gibraltar after tanker collision 2022-08-31T04:00:00Z Offshore projects generate fewer emissions per barrel than other forms of oil production due to their massive scale, but they would still increase global air pollution. This decade's oil boom is moving offshore - way offshore 2022-08-31T04:00:00Z Saudi Arabia increased oil production, a glut of crude hit world markets, prices collapsed and so did Soviet hard-currency earnings. Mikhail Gorbachev, last leader of the Soviet Union, dies at 91 2022-08-30T04:00:00Z Sinopec has estimated that 10.68 million tonnes of carbon dioxide will be injected into the oilfield over the next 15 years, boosting crude oil production by nearly 3 million tonnes. China's Sinopec starts first carbon capture, storage facility, plans another two by 2025 2022-08-29T04:00:00Z U.S. refiners have boosted oil product exports this month as domestic crude oil production rose and global fuel demand continued to recover. U.S. energy secretary urges refiners not to increase fuel exports 2022-08-27T04:00:00Z But oil production may stagnate in the coming months, he added, which would diminish growth. Rising dollar may stymie Venezuela's efforts to combat inflation 2022-08-25T04:00:00Z Faced with lower oil production and U.S. sanctions, the government of President Nicolas Maduro in 2019 relaxed the controls on the economy, which were one of the factors behind the economic collapse. Venezuela's economy grew 17% in Q1, says central bank president 2022-08-23T04:00:00Z Saudi Arabia warns it may push for an oil production cut. Whistle-blower Spam Claims Pose Challenge for Twitter 2022-08-23T04:00:00Z With the oil demand shock caused by the Ukraine war, the United States has eased sanctions on Venezuela's oil production. Brazil's Lula supports free elections in Venezuela 2022-08-22T04:00:00Z Wastewater is a byproduct of oil production that contains saltwater and oil, and sometimes chemicals from hydraulic fracturing operations. Oilfield wastewater spill reported in northwest North Dakota 2022-08-22T04:00:00Z At the same time, other Arab states had increased their oil production, forcing oil prices down and further hurting Iraq’s economy. U.S. History 2014-12-30T00:00:00Z His hope is to return Mexico to the days when oil production underpinned its economy. Wall Street Doesn’t Hate This Spending Bill 2022-08-17T04:00:00Z Palin, the 2008 vice presidential nominee and a former Alaska governor, renewed her “drill, baby, drill” calls for increased oil production and said she would use her connections to the benefit of Alaska. Palin, Murkowski highlight Alaska’s 2 elections on Tuesday 2022-08-15T04:00:00Z Over the last two decades, companies have tentatively tried and largely struggled to make a business from using CO2 to boost oil production. Oil industry gears up to tap U.S. climate bill for carbon capture projects 2022-08-15T04:00:00Z But to defray costs, NRG Energy’s Petra Nova coal-fired power plant outside Houston sold its carbon dioxide to increase local oil production. New climate deal spurs hopes of more carbon storage projects 2022-08-15T04:00:00Z The rig count, an early indicator of future output, has been slow to grow with oil production only seen recovering from pandemic-related cuts next year. Oil prices ease as Aramco says ready to boost crude output 2022-08-15T04:00:00Z A project with the energy company Pemex helped expand oil production in Mexico. In the Amazon, a U.N. Agency Has a Green Mission, but Dirty Partners 2022-08-10T04:00:00Z “Now, as the economy ramps back up, very little is able to keep pace with the rebound,” including oil production, De Haan said. Los Angeles gas prices are falling fast. But how long can it last? 2022-08-08T04:00:00Z But prices have steadily decreased with increased oil production, easing demand and broader recession fears. U.S. oil prices fall below $90 a barrel for the first time since February. 2022-08-04T04:00:00Z That prompted a series of sanctions and other measures at a time when refining capacity was tight and oil production was still recovering from the pandemic that began in 2020. WH says falling gas prices matter more than OPEC numbers 2022-08-03T04:00:00Z President Joe Biden visited Saudi Arabia last month, aiming to improve relations and hoping to encourage more oil production from the cartel. OPEC+ to decide oil output to world amid high inflation 2022-08-03T04:00:00Z Fracking accounts for just a small percentage of oil production in the state. Settlement blocks new federal fracking leases in California 2022-08-01T04:00:00Z The Treasury Department did not respond to a request for comment on whether the latest financial penalties could impact U.S. hopes to get increased oil production from the UAE. US sanctions UAE, Hong Kong firms that ship Iranian oil 2022-08-01T04:00:00Z Meanwhile, U.S. oil production continued to climb as the rig count rose by 11 in July, increasing for a record 23rd month in a row, data from Baker Hughes showed. Oil prices slip ahead of OPEC+ meeting 2022-08-01T04:00:00Z They also noted the “chronic” lack of investment in oil production that has coincided with wealthier nations’ shift away from fossil fuels to address climate change. WH says falling gas prices matter more than OPEC numbers 2022-08-03T04:00:00Z Their struggle for primacy, and for control of Libya’s oil wealth, has sparked deadly clashes in Tripoli, the capital, warped everyday life and dented oil production, the country’s economic lifeblood. In Libyan Town Searching for Justice, a Struggle Even to Find Graves 2022-07-31T04:00:00Z Russia's invasion of Ukraine has sent energy prices soaring and President Macron has urged Saudi Arabia to boost oil production. Saudi Crown prince's lavish Macron visit prompts outcry 2022-07-28T04:00:00Z A lack of an output increase would disappoint the United States, whose President Joe Biden visited Saudi Arabia this month, hoping to strike a deal on oil production. OPEC+ to weigh holding oil output steady or small hike, sources say 2022-07-28T04:00:00Z California is embracing carbon capture and storage technology to fight global warming, but critics say it will only increase oil production. California drought official quits, blasting Newsom for 'gut wrenching' inaction 2022-07-28T04:00:00Z Despite calls by mostly Republican leaders to combat high gasoline prices by expanding oil production, two-thirds of Californians remain opposed to more offshore oil drilling, the poll found. New poll shows that Black and Latino Californians were hit hardest by high gas prices 2022-07-28T04:00:00Z Mr. Biden defended the trip as part of his diplomatic efforts, but some viewed it as an attempt to beg for oil production and ease the political pain of high gas prices at home. 9/11 families protest Saudi-backed LIV golf event at Bedminster club; Trump tries to patch things up 2022-07-27T04:00:00Z Instead of helping to wean California off fossil fuels, they say CCS will actually increase oil production. California hopes to fight global warming by pumping CO2 underground. Some call it a ruse 2022-07-25T04:00:00Z At the same time, Norway, a leading advocate of saving forests, is increasing oil production with plans for more offshore drilling. Congo to Auction Land to Oil Companies: ‘Our Priority Is Not to Save the Planet’ 2022-07-24T04:00:00Z Namibia alone could provide around half a million barrels per day in new oil production, following promising exploratory wells in recent months, according to unpublished estimates by two industry consultants. Analysis: Ukraine war rekindles Europe's demand for African oil and gas 2022-07-22T04:00:00Z The top three countries in oil production in the same year are Saudi Arabia, the United States, and Russia. Algebra and Trigonometry 2015-02-13T00:00:00Z But ending oil production here would still pose a major challenge for at least one pocket of the Golden State. If Oil Drilling Ends in California, What Happens to Oil Country? 2022-07-20T04:00:00Z At least one of those proposals would be used to enhance oil production in Kern County. California hopes to fight global warming by pumping CO2 underground. Some call it a ruse 2022-07-25T04:00:00Z Waste from the oil production process, which contains salt and heavy metals, could upset the salt balance of the entire Congo Basin ecosystem, as it has in the Amazon. Congo to Auction Land to Oil Companies: ‘Our Priority Is Not to Save the Planet’ 2022-07-24T04:00:00Z Asked if the visit achieved anything, Bernstein said: “We saw Saudi Arabia say that it would increase its capacity for oil production, and I refer you to them for more information there.” Biden questioned over accomplishments of Saudi visit 2022-07-17T04:00:00Z The three regions were responsible for 64% of the United States oil production. Algebra and Trigonometry 2015-02-13T00:00:00Z “But all of these strategies take time, and they might take longer than the county has if the state is serious about phasing out oil production so quickly.” If Oil Drilling Ends in California, What Happens to Oil Country? 2022-07-20T04:00:00Z By injecting carbon emissions into its Kern County wells, the company can “effectively reverse the recent decline of oil production,” according to a government-funded study of the project. California hopes to fight global warming by pumping CO2 underground. Some call it a ruse 2022-07-25T04:00:00Z And President Biden, who pledged early in his term to wean the world from fossil fuels, traveled to Saudi Arabia recently where he raised the need for more oil production. Congo to Auction Land to Oil Companies: ‘Our Priority Is Not to Save the Planet’ 2022-07-24T04:00:00Z Biden’s effort here to negotiate greater oil production in the Middle East is driven by the need to make Russia pay a steep price for invading Ukraine. Your Monday Briefing: In Mideast, Biden Eyes China and Russia 2022-07-17T04:00:00Z The Gulf of Mexico and Texas combined for 47% of oil production. Algebra and Trigonometry 2015-02-13T00:00:00Z Instead, gas prices over $5 a gallon produced a bipartisan call for more oil production. As the Planet Cooks, Climate Stalls as a Political Issue 2022-07-17T04:00:00Z The state climate plan, which will be finalized by the California Air Resources Board this fall, is silent on the use of CCS for oil production. California hopes to fight global warming by pumping CO2 underground. Some call it a ruse 2022-07-25T04:00:00Z Morgan warning, that oil prices could more than triple in a worst-case scenario, is premised on its finding that Russia’s economy can sustain a cut in oil production of millions of barrels per day. Gas prices may surge again ahead of midterm elections 2022-07-16T04:00:00Z It also helped accelerate already approved boosts in oil production through OPEC+. Biden ends trip with U.S.-Saudi relations on the mend but few other wins 2022-07-16T04:00:00Z Biden also made the case for increased oil production, especially from Saudi Arabia, among the world’s largest petroleum producers. Biden vows U.S. will stay in Middle East to limit influence of Russia, Iran 2022-07-16T04:00:00Z Biden and Mohammed met along with top aides at Al Salam Royal Palace, where they addressed a range of issues, including oil production and human rights. Biden says he confronted Saudis directly on Khashoggi 2022-07-15T04:00:00Z Eleven of 12 large-scale carbon storage facilities in the United States use captured carbon dioxide for oil production, according to a 2021 report from the Global CCS Institute, an industry group that tracks these facilities. California hopes to fight global warming by pumping CO2 underground. Some call it a ruse 2022-07-25T04:00:00Z But those long-term efforts are being overwhelmed for the moment by Mr. Biden’s request that the Saudis and others in the region boost oil production. Biden’s Fraught Saudi Visit Garners Scathing Criticism and Modest Accords 2022-07-15T04:00:00Z The state ranks fourth in the world in oil production, behind Russia, Saudi Arabia and Iraq. Twisting in the wind: Texas faces blackouts as heat wave strains windmill-reliant power grid 2022-07-15T04:00:00Z White House national security advisor Jake Sullivan has lowered expectations that President Biden will leave Saudi Arabia with a deal to increase oil production, saying such an agreement could take weeks. White House says oil deal with Saudi Arabia unlikely during Biden visit 2022-07-15T04:00:00Z U.S. oil production is at an all-time high, and the national average gas price declined for the third week after increasing following Russia's invasion of Ukraine. Democrats' time to pounce: Republicans suddenly find themselves vulnerable ahead of midterms 2022-07-15T04:00:00Z She is not opposed to the technology; however, she believes it will be harder for California to meet its climate goals if carbon emissions are used to induce higher rates of oil production. California hopes to fight global warming by pumping CO2 underground. Some call it a ruse 2022-07-25T04:00:00Z That sentiment contributed to their decision not to immediately join Washington’s efforts to isolate Russia after its invasion of Ukraine or increase oil production to help bring down oil prices. Saudis Made Trump’s Visit an Extravaganza. They’re Unlikely to for Biden’s. 2022-07-15T04:00:00Z Biden said recently that he would not ask Saudi leaders directly to increase oil production. U.S. not expecting Saudi Arabia to immediately boost oil production 2022-07-15T04:00:00Z Although Mr. Biden has insisted the meeting with Saudi leaders is about enhancing security and stability in the Middle East, Mr. Sullivan acknowledged the president will push to ramp up oil production. White House says oil deal with Saudi Arabia unlikely during Biden visit 2022-07-15T04:00:00Z In 2021, the U.S. led the world in oil production, churning out nearly 19 million barrels per day, which represented about 20% of the global total, according to figures from the federal Energy Information Administration. Biden to push Saudi Arabia for more oil, but Russia could reap the rewards 2022-07-14T04:00:00Z Republicans blame Mr. Biden and Democratic policies that discourage domestic oil production for contributing to the price hikes. Democrats promise to lower gas prices if voters grow their majorities in Congress 2022-07-14T04:00:00Z Topping his agenda, however, is to push the Saudis to increase oil production to help bring down high gasoline prices in the U.S. Biden defends meet with Saudis, says his views on Jamal Khashoggi killing ‘positively clear’ 2022-07-14T04:00:00Z President Joe Biden to the Middle East and reports that he is likely to ask the world's leading oil producer Saudi Arabia to hike oil production in order to bring down high gasoline prices. Russia warns that G7 attempt to cap oil price risks higher prices 2022-07-14T04:00:00Z It was not clear whether the tussle for control of NOC would affect an ongoing blockade by eastern factions of Libyan oil production or whether it would affect other aspects of the company's operations. Libyan parliament rejects Tripoli's move to sack state energy firm head 2022-07-14T04:00:00Z Both nations accounted for about 11% of total international oil production. Biden to push Saudi Arabia for more oil, but Russia could reap the rewards 2022-07-14T04:00:00Z The feeling of neglect grew after the invasion of Ukraine, when administration officials hoped the kingdom would join efforts to isolate President Vladimir Putin of Russia and increase oil production to ease prices. Biden’s Saudi Lesson: The Only Path Runs Through M.B.S. 2022-07-14T04:00:00Z The United States has become more and more dependent on foreign oil since 1970 when our own oil production peaked. Environmental Biology 2018-09-06T00:00:00Z For one thing, it is unlikely that increased oil production from Saudi Arabia would have a major impact on prices at the pump in the United States. In pursuit of oil and Mideast security, Biden to meet with Saudis he once regarded as pariahs 2022-07-12T04:00:00Z Alaska’s political leaders have long supported the project as a way to bolster oil production on the North Slope that has been declining since the 1980s. Climate activists worried after Biden releases review of Alaska oil project 2022-07-08T04:00:00Z Republican lawmakers say Mr. Biden has exacerbated the problem with policies that discourage domestic oil production. White House doubles down on calls for gas station owners to trim profits 2022-07-05T04:00:00Z Offshore drilling accounts for roughly 15% of domestic oil production and about 3% of natural gas production, according to Energy Information Administration data reviewed by the Natural Resources Defense Council. Biden’s offshore drilling plan stokes ire of climate activists, energy industry 2022-07-05T04:00:00Z Scientists and policy-makers often discuss the question of when the world will reach peak oil production, the point at which oil production is at its greatest and then declines. Environmental Biology 2018-09-06T00:00:00Z “Saudi Arabia may be the most impactful actor in global oil production, but that needs to be put into context,” said Norman Roule, a former senior U.S. intelligence officer specializing in the Middle East. In pursuit of oil and Mideast security, Biden to meet with Saudis he once regarded as pariahs 2022-07-12T04:00:00Z Mr. Biden said last week that he would not ask the Saudis to increase oil production. Veterans of Carter-Era Inflation Warn That Biden Has Few Tools to Tame Prices 2022-07-05T04:00:00Z Close to a quarter of Norway gas output would thus be shut by Saturday, as well as around 15% of its oil production. Norway oil and gas workers to strike on Tuesday, cutting output 2022-07-04T04:00:00Z The oil industry says the delay could cause problems and potentially lead to decreased oil production if sales are significantly delayed. Biden offshore drilling proposal would allow up to 11 sales 2022-07-01T04:00:00Z Domestic oil production has increased but remains below pre-pandemic levels as the industry is wary of the volatile energy market’s future after losing billions of dollars in 2020. Energy companies fork over $22 million to drill on federal land in first oil, gas sales under Biden 2022-07-01T04:00:00Z The invasion of Ukraine upset a key energy-producing region of the world, with sanctions blocking oil from Russia, which ranked third in the world for oil production at the end of last year. From stocks to crypto, a punishing six months for investors 2022-06-30T04:00:00Z The Gulf accounts for about 15% of domestic oil production and 2% of natural gas production, according to the Bureau of Ocean Energy Management. Biden administration drilling plan may exclude all waters beyond Gulf of Mexico 2022-06-30T04:00:00Z Asked at a press conference in Spain if he would ask the Saudi leaders to increase oil production, Biden said "No." Biden says will see Saudi crown prince, won't push directly on oil 2022-06-30T04:00:00Z Surplus capacity is oil production that can be brought online within 30 days and sustained for at least 90 days. OPEC+ may not be much help with high oil, gasoline prices 2022-06-30T04:00:00Z When blood sugar spikes, it increases inflammation and oil production in the skin, leading to acne breakouts, Zeichner said. Why adult acne is on the rise and what to do about it 2022-06-21T04:00:00Z But for now his focus was on Deutsche, which Perez said "has invested in the biggest driver of new oil production in the Amazon for the next decade". From Peru to Uganda, activists call on Deutsche Bank to drop fossil finance 2022-06-28T04:00:00Z Ecuador has been embroiled in mass anti-government protests since June 13 with calls for lower prices for fuel, food and other basics and has led to its oil production falling by more than half. Ecuador to halt pumping oil within 48 hours amid protests - Bloomberg News 2022-06-27T04:00:00Z But oil production on the North Slope has steadily declined since its peak in the 1980s as oil fields have been used up. A ‘carbon bomb’ or desperately needed energy? Alaskan village holds key to Biden’s climate policy. 2022-06-26T04:00:00Z Russia could refuse to sell at an extreme discount, instead paying to cap wells and limit oil production. Russian Strike on Kyiv Looms Over G7 Summit 2022-06-26T04:00:00Z It could also encourage more Russian oil production. Ukraine War’s Latest Victim? The Fight Against Climate Change. 2022-06-26T04:00:00Z After strikes broke out in Iran's oil fields as part of a larger revolution in 1978 and 1979, crude oil production plummeted by an amount equal to roughly 7% of world production at that time. Why gas prices are so high, according to history (and no, it's not Biden's fault) 2022-06-25T04:00:00Z Though U.S. oil production is rebounding, full recovery has been slowed by investor caution and pressure to keep prices high, increasing profits. Opinion | Greed is greed; how about some patriotism, too? 2022-06-24T04:00:00Z This includes, for instance, addressing what’s actually holding back oil production. Opinion | Democrats had an opportunity for a major political realignment. They blew it. 2022-06-23T04:00:00Z In return, the Saudi leader, known as MBS, is expected to boost oil production — to help ease U.S. gas prices and bolster Biden’s political fortunes. Opinion | A gas puzzler: If Biden ran Big Oil, what would he do differently? 2022-06-22T04:00:00Z The president has also called on energy companies to accept lower profit margins to increase oil production and refining capacity for gasoline. Biden to call for 3-month suspension of gas and diesel taxes 2022-06-22T04:00:00Z They say the best way to reduce oil prices is to loosen regulations and increase U.S. oil production. Biden to ask Congress to suspend gas tax for three months 2022-06-22T04:00:00Z But for now, the shift has enabled Moscow to maintain oil production levels and confound expectations that its output would plunge. Western Move to Choke Russia’s Oil Exports Boomerangs, for Now 2022-06-21T04:00:00Z Ecuador's oil industry has lost some 78,000 barrels of oil production since protests started as demonstrators entered oil blocks, according to the energy ministry. Thousands of Ecuador indigenous protesters march on capital 2022-06-21T04:00:00Z There are relatively few tools that the president and Congress can deploy to help boost oil production or moderate overall inflation. Opinion | Here’s what voters will get if they cast their ballots based on gas prices 2022-06-19T04:00:00Z In Libya, oil production remained volatile following blockades by groups in the country's east. Oil wobbly after near 6% slump on economic concerns 2022-06-20T04:00:00Z Mr. Biden is expected to push for increased oil production at the Gulf Cooperation Council summit including Egypt, Iraq and Jordan, also known as GCC+3, to combat historically high U.S. energy prices. Granholm says Biden will meet with Saudi crown prince as White House muddles messages 2022-06-19T04:00:00Z The report said that flaring volumes would have to tumble 19 percent a year through 2030 to achieve zero routine flaring from all global oil production. Biden repeats call to world leaders to cut greenhouse gas emissions 2022-06-17T04:00:00Z Without increased Saudi oil production, Russia was able to ramp up its own oil revenue to fund its war machine. Biden visit to Saudi Arabia reverses his vow to make it a ‘pariah’ 2022-06-14T04:00:00Z In a recent cabinet meeting, Mr Budimbu told colleagues that "national oil production must leave the modest zone of 25,000 barrels a day". Congo peat: The 'lungs of humanity' which are under threat 2022-06-16T04:00:00Z The move comes ahead of President Biden’s planned visit to the kingdom in mid-July to discuss increasing oil production to help alleviate sky-high gas prices in the U.S. Saudi Arabia seizes rainbow toys it says promote homosexuality as Biden visit looms 2022-06-16T04:00:00Z Republicans have backed many of the proposals put forth by oil industry officials aimed at increasing oil production and easing regulation. WA gas prices jump to another record as Biden puts spotlight on soaring refiner profits 2022-06-16T04:00:00Z The institute states it supports renewable energy that supports low- to zero-emission electric power, but also believes more gas and oil production should be a “national priority.” Suspended Metro trains to return Thursday amid eight-month shortage 2022-06-15T04:00:00Z The president, who came into office vowing to reduce U.S. dependence on fossil fuels, now wants to speed up oil production, which is expected to hit record highs in the United States next year. Biden demands oil companies explain lack of gasoline as prices rise 2022-06-15T04:00:00Z ExxonMobil responded by saying it has already informed the administration of its planned investments to increase oil production and refining capacity. Biden tells oil refiners: Produce more gas, fewer profits 2022-06-15T04:00:00Z GOP lawmakers also say the Biden administration has been too restrictive on domestic oil production. Biden focuses on workers as high inflation remains a risk 2022-06-14T04:00:00Z At its last meeting on June 2, OPEC+ brought forward oil production rises to offset Russian losses and smooth the way for a visit to Saudi Arabia by U.S. OPEC keeps forecast for 2022 oil demand to exceed pre-pandemic levels, sees risks 2022-06-14T04:00:00Z Officials hope the visit will help bolster oil production and facilitate peace deals in the Middle East, bringing down gas prices in the process. Inside Biden’s frustration with soaring prices 2022-06-13T04:00:00Z It would be a huge help to have more domestic oil production. Opinion | $5 gas is largely Putin’s fault 2022-06-12T04:00:00Z But the White House has defended the potential trip, both to help broker diplomatic talks in the Middle East and to increase oil production. Average U.S. gas prices top $5 a gallon, as surging energy costs squeeze economy 2022-06-11T04:00:00Z Meanwhile, a widening blockade on oil production, largely in the country’s east, has cut off key state revenues in opposition to Dbeibah’s remaining in power. UN says concerned over Libya clashes, urges efforts for calm 2022-06-11T04:00:00Z The U.S. could ask Saudi Arabia, Venezuela or Iran to help pick up the slack for the expected drop in Russian oil production, but each of those options carries its own moral and political calculations. Several factors are converging to push gas prices higher 2022-06-11T04:00:00Z Last week, Biden and his administration were effusive as they praised Saudi Arabia for its role in nudging OPEC+ to increase oil production for July and August. Biden juggles principles, pragmatism in stance on autocrats 2022-06-11T04:00:00Z On the supply side, major oil-producing nations outside the United States committed to increase oil production, but their efforts are modest so far. Opinion | $5 gas is largely Putin’s fault 2022-06-12T04:00:00Z One goal is to have those nations coordinate a substantial increase in oil production to help bring down global prices while the United States, Europe and others boycott Russian oil. Biden Races to Expand Coalition Against Russia but Meets Resistance 2022-06-11T04:00:00Z Biden is attempting to rebut criticism by Republican lawmakers that inflation was the result of his government aid being too generous and his restrictions on U.S. oil production too onerous. Biden visiting LA port as high prices persist as threat 2022-06-10T04:00:00Z Since then, he said, the administration has “slow-walked” permits for various oil production projects in the U.S. GOP says Biden intentionally boosts gas prices to aid his climate agenda 2022-06-08T04:00:00Z In fact, Trump helped negotiate a cut to global oil production to help stabilize plummeting prices, another fact Republicans sometimes conveniently forget. Opinion | We already achieved ‘energy independence.’ What good did it do us? 2022-06-07T04:00:00Z Energy exports came off record highs in April, as crude oil production dropped on maintenance shutdowns, partially offset by surging natural gas and coal exports. Canada exports edge up in April on seafood and motor vehicles 2022-06-07T04:00:00Z He says salicylic acid will also help open up the skin’s follicles, remove dead debris on the pores, and reduce some of the oil production. The problems with using toothpaste to remove a pimple 2022-06-06T04:00:00Z |
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