Next year could mark a turning point for East Timor’s fledgling oil and gas sector as exploration gets underway. The country will also buy ConocoPhillips' 30% stake in the Greater Sunrise gas [...]
A decade ago, I suggested that U.S. oil companies target Venezuela's Citgo refineries as compensation for Venezuela's expropriation of their assets. Last week a court ruling opened the door for [...]
A new report shows that after declining in 2015 and 2016, the oil industry increased capital spending in 2017. Oil reserves rebounded as well.
Market forces are now favoring natural gas because it is abundant and cheap in the United States. And while favorable policies along with new investment in renewables will thrust them forward, [...]
Only a handful of oil companies generated positive cash flow in the first quarter. Notably, none of them operate primarily in the Permian Basin.
Methane leaks are burning oil and gas producers, forcing them to collectively address the problem. A new study says that current technologies will allow them to cut those fugitive emissions by [...]