While opinions differ on oil demand and production rates, a fourth week of growth in the rig count appears to prove some projections right, while invalidating others. World Oil editors discuss how the rig count reflects the magazine's recent Mid-Year Drilling Forecast outlook, and what more drilling means for some other industry leaders' ideas on the future of oil and gas production ..read more

In this episode, World Oil editors discuss The North Face doubling down on its principled stand against well-paying American jobs, Russia wants to see OPEC+ production rise in February, and U.S. land regulators shrink Alaskan oil lease acreage ..read more

In this episode, World Oil editors discuss The North Face doubling down on its principled stand against well-paying American jobs, Russia wants to see OPEC+ production rise in February, and U.S. land regulators shrink Alaskan oil lease acreage ..read more

This week, World Oil editors discuss a seeming disconnect as drilling activity across the board continues to rise, while oil traders are expecting a long road to demand recovery. Also, Venezuela and Iran flout U.S. trade sanctions with more crude and refined product shipments; and Libya's post-civil-war oil export recovery looks set to create challenges for the continuing OPEC+ production agreement ..read more

Joe Biden's cabinet picks, and his interest in working with China to stage elections in Venezuela, will make 2021 a transformative year for fossil fuels. Wall street is already looking at ex-U.S. energy producers take up the mantle of growth from domestic shale plays, and an increasing drilling rig count suggests operators are trying to get ahead of potential new rules ..read more

Joe Biden's cabinet picks, and his interest in working with China to stage elections in Venezuela, will make 2021 a transformative year for fossil fuels. Wall street is already looking at ex-U.S. energy producers take up the mantle of growth from domestic shale plays, and an increasing drilling rig count suggests operators are trying to get ahead of potential new rules ..read more

With the Paris Agreement's decarbonization plans suddenly not ambitious enough for the West, key Middle East producers see an opportunity, and are putting serious money down to cover their bet. In this episode, World Oil editors take a look at how ambitious renewable energy programs will depend on oil and gas technology to come to fruition, review the money moves Saudi Arabia, the UAE and Oman are making to fill the void they see Western producers leaving in the global oil market, regulatory shenanigans in Texas, and a still-climbing rig count that looks to exceed even the most optimistic rece ..read more

With the Paris Agreement's decarbonization plans suddenly not ambitious enough for the West, key Middle East producers see an opportunity, and are putting serious money down to cover their bet. In this episode, World Oil editors take a look at how ambitious renewable energy programs will depend on oil and gas technology to come to fruition, review the money moves Saudi Arabia, the UAE and Oman are making to fill the void they see Western producers leaving in the global oil market, regulatory shenanigans in Texas, and a still-climbing rig count that looks to exceed even the most optimistic rece ..read more

BP has boldly claimed that global oil demand will peak in the next ten years in its 2020 Energy Outlook. In this week's episode, World Oil editors discuss that prediction, BP's track record on such models in the past, and take a look at some emerging trends in the upcoming World Oil 2020 Drilling Forecast reveal how future production capacity may make that happen ..read more

It's a tale of two cities with the EU's largest oil producer swearing off production by 2050, as OPEC+ stalwarts Saudi Arabia and the UAE grapple over who will lead the group's drive to meet the world's future oil demand. World Oil editors discuss Denmark's grand plan to lead other oil-producing nations into OPEC's pocket, and how a climbing rig count in the U.S. and Canada is already impacting 2021 crude production models ..read more