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Exxon is now primarily focused on getting the most of the Permian and of the Guyana discoveries.
Read More »Exxon`s Newest Discovery in Guyana
Signs of Recovery for Schlumberger. Halliburton amid Earnings Pain
Oil services were hit hard by the steep sell-off in the oil market that started in 2014.
Read More »Rick Perry Plans to Leave the Trump Administration
Trump is said to have considered him as a contender to lead the Homeland Security and Veterans Affairs departments.
Read More »Shale Jobs in Jeopardy despite Oil Price Rally
US shale drillers have run into a series of problems that have resulted in increased scrutiny on their operations.
Read More »U.S. Imposes Fresh Sanctions on 4 Venezuelan Companies. 9 Vessels
The U.S. has been pursuing a policy of economic sanctions and diplomatic isolation against the Venezuelan government in support of the opposition leader Juan Guaido.
Read More »Wood Mackenzie Comments on BP Exiting China Shale Gas
Wood Mackenzie forecasts 15 billion m3 yr of shale gas production by 2020.
Read More »Saudi Arabia to Ditch Dollar if Washington Passes NOPEC Bill
At the current price of USD 70 per barrel. the annual value of global oil output is USD 2.5 trillion.
Read More »US will Add 34 of Venezuelan State Oil Firm`s Vessels to Sanctions List
The United States has already slapped Venezuela'.s state oil producer PDVSA with punitive measures.
Read More »Venezuela Rejects New U.S. Aggression against Oil Industry
Caracas considered unacceptable Washington'.s decision to apply measures against vessels and transportation companies to affect oil shipments to Cuba.
Read More »Materializing US-China Trade Deal will Affect Commodity Prices
All the signs are that US-China trade talks are progressing well.
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