Is Iraq Too Risky For Oil Majors?
The US and Iran seem to be have stepped back from the brink of armed conflict, at least for now, but many oil and gas companies nevertheless face serious decisions Continue Reading
The Future of the Oil Company
When it comes to the future sustainability (excuse the pun) of oil companies, there are two trains of thought, one of which is that they should ‘stick to their knitting’ Continue Reading
Shell Aims For Dominance In $325 Billion Aviation Fuel Market
Shell thinks aviation fuel will be one of the critical growth areas to explore, as ground vehicle transportation fuel and other segments are expected to decline over time. One of Continue Reading
Massive Strikes In France Block Exxon Oil Refinery
Exxon’s refinery at Fos-sur-Mer in France was blocked by a strike of union workers on Tuesday as part of a massive French strike against a proposed pension reform, and shipments Continue Reading
Big Oil Spent $3.6 Billion to Clean Up its Image, and it’s Working
If you’ve ever seen an ad featuring ExxonMobil scientists handling beakers of green goo, the algae that will supposedly fuel the future, you’ve been the target of an oil company’s Continue Reading
Why Exxon Won’t Have To Pay Fine For Dealing With Rosneft
Exxon won’t have to pay a $3-million fine the U.S. Treasury Department imposed on the supermajor for doing business with Rosneft amid a growing load of U.S. sanctions against Russia. Continue Reading
Are Oil Stocks ‘Too Toxic To Trade’
Amid growing concerns about climate change, activists, shareholders, and many investors have started to see oil companies as the next ‘Big Tobacco’ set of toxic stocks because of Big Oil’s Continue Reading
ExxonMobil expands upstream footprint in Egypt with two offshore blocks
Oil company ExxonMobil has expanded its upstream acreage in Egypt after it acquired two offshore blocks, boosting its footprint in the gas-rich Eastern Mediterranean basin. Receive daily email alerts, subscriber Continue Reading
What’s Behind Big Oil’s Promises of Emissions Cuts? Lots of Wiggle Room.
The oil and gas industry seems to have entered a state of cognitive dissonance. Like never before, energy companies are publicly acknowledging the threat posed by climate change and the Continue Reading
Shell Makes Haynesville Shale Deal
Castleton Resources has acquired the East Texas and North Louisiana Haynesville shale assets of Shell’s subsidiary, BG US Production Company. Castleton Commodities International LLC’s subsidiary, Castleton Resources LLC (CR), has Continue Reading