Oil Production

List of Oil Production articles

U.S. President Joe Biden and Saudi Crown Prince Mohammed bin Salman are seen during the Jeddah Security and Development Summit in Jeddah, Saudi Arabia, on July 16, 2022.
U.S. President Joe Biden and Saudi Crown Prince Mohammed bin Salman are seen during the Jeddah Security and Development Summit in Jeddah, Saudi Arabia, on July 16, 2022.

OPEC+ Cut Shows Saudi Geopolitical Ambitions

Riyadh is shifting to non-alignment—and fighting to dominate oil markets again.

Drivers wait in line to buy fuel at a gas station in Lagos, Nigeria, on Jan. 30.
Drivers wait in line to buy fuel at a gas station in Lagos, Nigeria, on Jan. 30.

Will Nigeria’s Cash Chaos Impact Elections?

Less than two weeks before the tightest presidential vote in Nigeria’s history, the country is running short on cash, gas, and patience.

Patrick Pouyanné, CEO of TotalEnergies, speaks during a joint signing ceremony for offshore gas exploration in Beirut on Jan. 29.
Patrick Pouyanné, CEO of TotalEnergies, speaks during a joint signing ceremony for offshore gas exploration in Beirut on Jan. 29.

How Lebanon Can Unlock Its Oil and Gas Wealth

A new maritime deal with Israel could be an economic lifeline for Lebanon—if the government in Beirut can get its act together.

Then-Venezuelan opposition leader Juan Guaidó speaks.
Then-Venezuelan opposition leader Juan Guaidó speaks.

The World Is Done Waiting for Guaidó

The ouster of Venezuela’s would-be interim president has left U.S. policy in limbo, rapprochement in the air, and a legal mess for all.

Algerian President Abdelmadjid Tebboune attends the closing ceremony of the 31st Arab League summit in Algiers, Algeria, on Nov. 2, 2022.
Algerian President Abdelmadjid Tebboune attends the closing ceremony of the 31st Arab League summit in Algiers, Algeria, on Nov. 2, 2022.

How Algeria Became Indispensable

Riding an energy export boom, the North African country is flexing its economic and diplomatic muscle.

Venezuelan President Nicolás Maduro shows the accord signed in Mexico on Nov. 26 between the Venezuelan government and opposition during a press conference at the Miraflores Palace in Caracas on Nov. 30.
Venezuelan President Nicolás Maduro shows the accord signed in Mexico on Nov. 26 between the Venezuelan government and opposition during a press conference at the Miraflores Palace in Caracas on Nov. 30.

Will the World Ditch Its Punitive Approach to Venezuela in 2023?

As Maduro nears a decade in power, Washington and South American countries may try something new.

A street vendor sits next to banners for David Granger, presidential candidate for the National Unity and Alliance for Change party, in Georgetown, Guyana, on March 1, 2020.
A street vendor sits next to banners for David Granger, presidential candidate for the National Unity and Alliance for Change party, in Georgetown, Guyana, on March 1, 2020.

Is Guyana Getting a Fair Cut of Its Oil Bonanza?

The government is set to tweak its baseline contract with fuel companies after criticism it got fleeced.

People take part in a mass demonstration against the government in Tehran, Iran, in 1979.
People take part in a mass demonstration against the government in Tehran, Iran, in 1979.

Why Won’t the Workers of Iran Unite?

Unlike in 1979, much of the Iranian working class is precariously employed—and they have more to lose than their chains by joining the protests.

German Chancellor Olaf Scholz, Dutch Prime Minister Mark Rutte, and French President Emmanuel Macron arrive to attend an informal summit of the European Union in Prague on Oct. 7.
German Chancellor Olaf Scholz, Dutch Prime Minister Mark Rutte, and French President Emmanuel Macron arrive to attend an informal summit of the European Union in Prague on Oct. 7.

What Europe Can Learn From the 1973 Oil Shock

Building an economy that is both green and resilient requires EU-wide solidarity.

Biden and Mohammed bin Salman bump fists.
Biden and Mohammed bin Salman bump fists.

Saudi Arabia Is Not a U.S. Ally. Biden Should Stop Treating It Like One.

With the OPEC+ production cut, Saudi Crown Prince Mohammed bin Salman made it clear he’ll do as he pleases, regardless of U.S. objections or interests.

Saudi Energy Minister Abdulaziz bin Salman gestures during a press conference after the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna on Oct. 5.
Saudi Energy Minister Abdulaziz bin Salman gestures during a press conference after the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna on Oct. 5.

OPEC to Cut Oil Production, Dealing a Blow to Biden

But it’s business, not personal: A looming global recession threatens oil demand.

Azerbaijani President Ilham Aliyev (right) and European Commission President Ursula von der Leyen shake hands after signing a memorandum of understanding on increasing import of Azeri natural gas.
Azerbaijani President Ilham Aliyev (right) and European Commission President Ursula von der Leyen shake hands after signing a memorandum of understanding on increasing import of Azeri natural gas.

Will a New War Crash Europe’s Azerbaijani Gas Dreams?

Europe needs a serious Azerbaijan policy—and needs it fast.

Indigenous people march toward the Carondelet Presidential Palace in Quito, Ecuador, on June 27.
Indigenous people march toward the Carondelet Presidential Palace in Quito, Ecuador, on June 27.

The Energy Crisis Is Global

It’s not just Europe and the United States—eye-watering prices are wreaking havoc around the world.

International Energy Agency Executive Director Fatih Birol
International Energy Agency Executive Director Fatih Birol

IEA Chief: Europe Has to Cut Gas Use or Face Brutal Winter

Fatih Birol spoke with FP about the current energy crisis, Russia’s use of the energy weapon, and why the 1970s aren’t quite back.

Senegalese President Macky Sall addresses a press conference with German Chancellor Olaf Scholz at the Palace of the Republic of Senegal on May 22.
Senegalese President Macky Sall addresses a press conference with German Chancellor Olaf Scholz at the Palace of the Republic of Senegal on May 22.

Africans Decry Europe’s Energy Hypocrisy

Wealthy European countries that sought to halt funding of fossil fuel projects across Africa are now scrambling to secure the continent’s oil and gas.

Mohammed bin Salman gestures in front of himself as he walks with Biden.
Mohammed bin Salman gestures in front of himself as he walks with Biden.

Biden’s Brief Middle East Pivot Won’t Last

The U.S. president’s trip was an immediate and time-limited response to Russia’s invasion of Ukraine, domestic economic woes, and Iran.

Libyan tribal leaders pray in the city of Zintan on March 28, 2018.
Libyan tribal leaders pray in the city of Zintan on March 28, 2018.

Will Zintan Determine Libya’s Future?

With control over oil revenues and smuggling profits up for grabs, militias from the western city may once again exercise outsized influence over who leads the country.

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