North America

OPEC+ Cut Poses New Threat to Biden

Amid what would become a 98-day streak of declines, President Joe Biden was quick to take credit in August over one of his most serious political foes: high gasoline prices. It was a victory lap that may soon prove premature. More than a month after tweeting he had vanquished “Putin’s price hike at the pump,” […]

Read More
Africa

Libya’s Complicated Push for More Oil Production

Tripoli — Political upheaval threatens the nation’s top export, including a spring shutdown of oil fields that deeply cut production. But Tripoli has resumed higher output at a critical time. After months of extracting only 600,000 barrels or less per day (bpd), half of the daily amount of 1.2 million in January 2022, Libya is […]

Read More
Oil & Gas

5 Top Safety Hazards to Consider in the Oil and Gas Industry

There has been a great improvement over the past decade in the safety of workers in the oil and gas industry. The number of incidents and deaths has reduced by half out of 100 workers in 2021 as compared to the 1970s. It is estimated that 38 workers died in the 1970s per 100 workers […]

Read More