Fossil Fuels Are Not the New Subrime, Just Ask Continental Resources
The oil gas industry has its challenges, but Continental Resources' growth shows that the industry is much more than a subprime bubble waiting to burst.
Royal Dutch Shell plc Exits Saudi Arabia Gas Project
Royal Dutch Shell plc’s decision to bow out of a technically complex and economically challenging Saudi gas project highlights its commitment to its new strategy.
BP, Jacobs Engineering, Boeing-Textron JV Among Defense Contracts Winners
BP and Shell win fuel supply contracts, while Jacobs, Textron, and Boeing are all hired to do engineering work for the military.
Russia Just Got Caught Stealing America's Energy Secrets
If Russia was stealing secrets from U.S. energy companies, it could put many of its new partnerships at risk.
Stalled Iran Talks a Bullish Sign for Brent Crude Producers
The interim nuclear deal with Iran is scheduled to end on July 20. With a deal unlikely, more threats to limit Iranian crude exports are likely, adding upward pressure to the Brent spot price.
Violence in Iraq Threatens ExxonMobil's Growth but Not Current Production
ExxonMobil owns one of the biggest oil fields in the world, located in Iraqi. But, it has been forced to evacuate due to the escalating violence. Here's the impact that will have on the company.
Iraq: An Anomaly in an Otherwise Unusually Calm Global Oil Market
Despite the recent Iraq-driven uptick in volatility, global oil prices have been uncharacteristically stable over the past five years.
Finding Strength in the Deepwater Market
Even though the overall deepwater drilling market is in a state of malaise, there are many opportunities for growth.
Are These Western Oil Majors Operating in Iraq at Serious Risk?
For Western oil majors ExxonMobil, BP, Shell, and Chevron, Iraq represents only a minimal share of production and earnings.
Don't Overlook This Expanding Energy Empire
This Brazilian company is finally gaining a long-sought asset.