Exxon created a payout plan in January 2017 for Tillerson.
Read More »CIA’s Pompeo to Become Secretary of State
President Trump fires Rex Tillerson and says CIA Director Mike Pompeo will replace him.
Read More »Exxon is Dropping its Arctic Joint Venture with Rosneft
Rosneft is active in eastern Siberia while Exxon has been announcing discovery after discovery from its offshore licenses in Guyana.
Read More »Oil Industry Relationship with Trump Cooling Off
Steel tariffs. jousting over NAFTA and wariness about regulation rollbacks are making oil and gas executives nervous.
Read More »OPEC`s Big Challenge
In countries like Brazil and Mexico. the slowdown at old fields jumped to double-digit rates last year.
Read More »Exxon Mobil Seeks to Work in Algeria
Algeria remains dependent on oil and gas earnings. which provide 60 percent of the state budget.
Read More »OPEC Invites US Shale Producers to the Next Level
OPEC wants to develop a closer relationship with the U.S. shale industry.
Read More »Lack of Offshore Investment will Impact Future Oil Supply
Companies that continue to operate offshore have particularly poured fewer dollars into wildcat exploration.
Read More »CERAWeek Gathering Seen Rich in Platitudes
Barkindo plans to meet with physical crude traders and oil hedge funds while he’s in Houston.
Read More »Shale Boom Threatens Refining Bottlenecks
Over the next five years. Wood Mac expects U.S. shale producers to add some 4 million bpd to their daily production.
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