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 [...]
While ConocoPhillips' strategy of selling non-core Permian acreage may run counter to current larger market trends, the company's strategic goal of insulating itself from exposure to price [...]
After pressure from investors, ExxonMobil has published its first Climate Risk Assessment. Financial research consultancy Eratosthenes has given it the once-over and concluded that the company [...]