Canadian oil sands production is expected to reach 3.7 million barrels per day by 2030, S&P Global said on Thursday, raising the analytics firm's 2030 production outlook for the country for the first time in half a decade.
A new oil refinery belonging to Mexico's state-owned Pemex, a top priority of the country's president, will again miss its promised launch date to begin production, according to an internal audit report seen by Reuters.
Oil and gas explorer Tullow Oil on Wednesday maintained its 2023 production forecast of 58,000 to 64,000 barrels per day, and said its capital expenditure of $400 million would be weighted towards the first half of the year.
Ecopetrol , Colombia's state-run oil company, said late on Monday it has reached a four-year contract deal with seven unions, laying out pay hikes for workers and social investment plans for adjacent communities.