Libya’s oil production surges to 800,000 barrels per day

The reopening of the last of Libya’s oil fields and ports has prompted a resurgence of the energy industry, with the OPEC nation’s daily production jumping from less than 100,000 barrels in early September. ...»

Texas’ energy regulator may seat its first Democrat in 26 years

Despite this year’s plunge in prices and a corresponding drop in output, the state remains a major player on international markets, one eyed warily by other oil-rich nations. That outsize role also means the commission attracts more scrutiny than any other equivalent state agency. ...»

A view from Canada: North American hydrocarbons and the 2020 Presidential election—what hangs in the balance

Regardless of either victorious candidate, any chance of balanced and proportionate climate and energy policy will be extremely difficult to salvage, writes Dennis McConaghy, retired TC Energy executive and author. ...»

With little left to cut, oil majors must wait for a recovery

After months of low oil and gas prices driven by weak demand, the world’s largest international oil companies have largely exhausted their financial defenses, leaving little room to maneuver if they’re dealt further blows. ...»

Oil posts its worst month since March on compounding virus woes

The demand outlook is still bleak with the European Union’s two biggest economies set to impose month-long movement restrictions as nations across the continent post record coronavirus cases. ...»

Chevron delivers profitable Q3 despite a challenging market

Chevron posted a surprise profit as the oil supermajor slashed capital spending to cope with the pandemic-driven collapse in crude demand. ...»