Weak crude oil prices are taking a toll on demand for offshore vessels and rigs, badly hitting investments in the sector, increasing idle capacity and prompting some owners to scrap Continue Reading
Anadarko Petroleum Corp., The Woodlands, Tex., anticipates an initial 2016 budget of $2.8 billion, a reduction of 50% from the company’s actual 2015 capital investments and almost 70% from the Continue Reading
Oil producers in West Texas, defying expectations they would fall victim to OPEC’s price war, are instead selling investors on the idea that they can still profit with prices below Continue Reading
Canada’s tar sands industry is in crisis as oil prices plummet, pipeline projects are killed, and new governments in Alberta and Ottawa vow less reliance on this highly polluting energy Continue Reading
Seadrill Ltd., once the crown jewel among billionaire John Fredriksen’s oil and shipping holdings, is deepening planned cost reductions this year as it attempts to make it through the worst Continue Reading
With crude oil prices languishing just above the $30 a barrel range since the beginning of 2016, market watchers expect drilling companies to scrap more offshore rigs this year. Drilling Continue Reading
OPEC oil production has jumped to its highest in recent history in January as Iran increased sales following the lifting of sanctions and its rivals Saudi Arabia and Iraq also Continue Reading
The federal government has agreed to stop approving oil fracking off the California coast until it studies whether the practice is safe for the environment, according to legal settlements filed Continue Reading
North American oil producers will face more exposure to low prices this year as their protection disappears. Exploration and production companies have hedged only 15 percent of total production volumes Continue Reading
USJFC. 2010. The Joint Operating Environment. United States Joint Forces Command . United States Joint Forces Command. [Excerpts from this 76 page document follow] Every military force in history that Continue Reading
