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North Dakota Sees Up to 150,000 bpd Hit to Oil Production Due to Cold Weather

(Reuters) – The North Dakota Pipeline Authority said oil production was estimated to be down between 120,000 and 150,000 barrels of oil per day, as of Tuesday morning, due to the recent extreme cold and related operations challenges. North Dakota is the third-largest oil-producing state in the United States. Associated wellhead natural gas production was …

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Brazil to Join OPEC+, Group of Major Oil-Exporting Nations

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit. The National Council for Energy Policy’s approval came in response to an official invitation in 2023. The …

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