Baghdad pledged to pump below its quota in February to make up for past overproduction. Still, the pace of its crude exports in the first half of the month, if maintained through the rest of February, indicates the country may exceed its self-imposed production target of 3.6 million barrels a day and perhaps even its...Continue Reading

Calgary-based Crescent Point, an oil driller with a focus on Saskatchewan, will acquire Shell’s Kaybob Duvernay assets for $550 million in cash and 50 million Crescent Point common shares. SourceContinue Reading

In the past, the weather-related oil disruption would largely have been a U.S. issue. Now it’s unmistakably global. Crude markets in Europe are rallying as traders replace lost U.S. exports. OPEC and its allies must decide how much longer they keep millions of barrels of their supply off the market. SourceContinue Reading

Lowering Mexico’s tax demands on Pemex, its biggest taxpayer, could help the oil giant reorder its finances as it struggles with a $110.3 billion debt load, sinking production, and some of the highest tax obligations of any oil company in the world. SourceContinue Reading

Texas Governor Greg Abbott told a media briefing on Feb. 17 that he was banning gas from leaving the state through Feb. 21 to ensure in-state power generators had ample supplies. Abbott said he was forced to act as millions of Texans remain without power for a third day amid frigid temperatures, with no clear...Continue Reading

This Commodity Super-Cycle Could Be Unlike Anything We’ve Seen Before | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Feb 17, 2021, 7:00 PM CST Commodity prices...Continue Reading

Biden’s $2 Trillion Green Plan Could Send This Stock Soaring | OilPrice.com Premium Content By Polly Danes – Feb 17, 2021, 6:00 PM CST Over 85 years ago, America undertook one of the most ambitious projects in our nation’s history, and it helped launch the creation of $30 trillion in ESG assets. At the time,...Continue Reading

Who Will Win The Carbon Capture Tech Showdown? | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Feb 17, 2021, 5:00 PM CST Solar panels and wind farms have become fixtures of the...Continue Reading

EV Euphoria Sends Lithium Stocks Higher | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Feb 17, 2021, 4:30 PM CST The lithium market is about to end a nearly three-year...Continue Reading

Rhetoric vs Reality: The EU’s Battle For Net Zero Emissions | OilPrice.com Fernando C. Hernandez Fernando C. Hernandez is the Principal at Hernandez Analytica, he is trilingual and counts with over 15 years of international Oil and Gas experience. He… More Info Premium Content By Fernando C. Hernandez – Feb 17, 2021, 4:00 PM CST...Continue Reading