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Breaking News:

OPEC Lifts Production in February

Julianne Geiger

Oilprice.com

Contributor since: 12 Jan 2016

Julianne Geiger

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.

Latest articles from Julianne

  • OPEC Lifts Production in February

    Published 01 March 2024 | viewed 10,830 times

    OPEC raised its oil production in January despite voluntary production cuts that the group was supposed to be adhering to, according to new data published…

  • U.S. Oil Drilling Gets Another Bump As WTI Soars To $80

    Published 01 March 2024 | viewed 3,298 times

    The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes…

  • WTI Soars Past $80 per Barrel as Oil Market Tightens

    Published 01 March 2024 | viewed 7,909 times

    The price of a WTI barrel soared to heights not seen since November as the market braces for an OPEC+ decision on oil production levels…

  • Utility Scale Solar Installations Saw Largest Jump Ever Last Year

    Published 29 February 2024 | viewed 919 times

    Utility-scale solar installations in the United States rose by 60% last year, the highest level ever recorded, according to new data. U.S. solar projects grew…

  • OPEC+ Could Extend Output Cuts Through Year End

    Published 27 February 2024 | viewed 4,105 times

    OPEC+’s voluntary production cuts that were set to expire at the end of the first quarter could be extended through the end of the year,…

  • Chile Looks to New Tech to Bolster Natural Gas Production

    Published 27 February 2024 | viewed 587 times

    Chilean energy company Empresa Nacional del Petroleo, or ENAP, has signed a deal with California-based Upwing Energy—a gas tech innovation service company—to deploy a Subsurface…

  • Surprise Crude Build Weighs on Oil

    Published 27 February 2024 | viewed 9,045 times

    Crude oil inventories in the United States rose this week, by 8.428 million barrels for the week ending February 23, according to The American Petroleum…

  • Red Sea Disruptions set to Continue Throughout 2024

    Published 27 February 2024 | viewed 2,150 times

    Shipping giant Maersk is warning that container shipping through the Red Sea could continue to cause disruptions into the second half of the year, with…

  • Exxon Mulls Sale of Vaca Muerta Shale Assets

    Published 25 February 2024 | viewed 7,648 times

    ExxonMobil is considering a sale of its Vaca Muerta shale assets in Patagonia and has received several offers of holding already, anonymous Bloomberg sources revealed…

  • U.S. Oil Drilling Sees 6-Rig Gain

    Published 23 February 2024 | viewed 8,882 times

    The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes…

  • Oil Industry Thinks OPEC+ Will Extend Production Cuts Into Q2

    Published 23 February 2024 | viewed 4,047 times

    Oil industry watchers and analysts are betting on OPEC+ extending its oil production cuts beyond the first quarter of 2024 into the next quarter, a…

  • Shell Backs Out Of Yet Another Floating Offshore Wind Project

    Published 22 February 2024 | viewed 6,482 times

    Shell will exit another floating offshore wind project, the company said on Thursday—adding another to the long list of departures from the offshore wind segment.…

  • Land Availability Forced India To Scale Back Solar Power Installations

    Published 22 February 2024 | viewed 1,037 times

    India's solar installations fell dramatically last year as the country ran into difficulties acquiring the large swaths of land needed, a new research report said…

  • U.S. Crude Oil, Gasoline Inventories Boom

    Published 21 February 2024 | viewed 23,740 times

    Crude oil inventories in the United States rose this week, by 7.168 million barrels for the week ending February 16, according to The American Petroleum…

  • Chicago Files Suit Against Big Oil

    Published 20 February 2024 | viewed 11,949 times

    The city of Chicago has filed a suit against the five largest oil and gas companies, alleging that Big Oil has lied about oil, gas…

  • Occidental Mulls $20B Asset Sale

    Published 20 February 2024 | viewed 4,677 times

    Occidental Petroleum is considering a sale of its $20 billion natural gas pipeline operator Western Midstream Partners, anonymous sources told Reuters on Tuesday. The move…

  • Ghana LNG Import Terminal Nearing Finish Line—and None Too Soon

    Published 20 February 2024 | viewed 1,929 times

    Ghana’s much-delayed natural gas import terminal is nearing the finish line and is expected to be complete by the end of this year, the country’s…

  • Lithium Price Slump? Exxon Says No Problem

    Published 16 February 2024 | viewed 8,454 times

    The price of lithium may have fallen and Albemarle may consider them to be “unsustainable”, but Exxon isn’t giving up on its lithium expansion plans,…

  • Iraqi Kurdistan Oil Export Restart Still A Way Off

    Published 16 February 2024 | viewed 3,394 times

    There is no forecasted date for when oil exports from Iraq’s semi-autonomous Kurdistan region to Turkey will resume, a Patriotic Union of Kurdistan (PUK) leader…

  • U.S. Drillers Pump The Brakes

    Published 16 February 2024 | viewed 40,017 times

    The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes…

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