Tag: Oil Majors

Chemical, Conventional Fuels

Rystad Energy: Oil majors are preparing for a greener future through shale

March 14, 2019

Via: Energy Global

Big companies such as Chevron and ExxonMobil recently announced plans to significantly ramp up production in prolific shale basins, such as the Permian Basin spanning Texas and New Mexico. “Oil majors are spending more dollars on shale in an effort […]

Chemical, Conventional Fuels

Oil majors to remain resilient despite market volatility, S&P Global Ratings says

December 13, 2018

Via: CNBC energy

While crude exporting countries worry about bearish forecasts for energy markets, the big oil supermajors can withstand fluctuating oil prices in the coming year, one ratings agency says. Cost cuts in the industry from previous years and promising cash flow […]

Chemical, Conventional Fuels

Is Oil Majors’ Interest In Gulf Of Mexico Waning Thanks To U.S. Interior Department?

August 16, 2018

Via: Forbes

There is increasing evidence that the U.S. sector of the Gulf of Mexico is facing a decline in interest from oil and gas companies in the wake of more lucrative onshore shale basins stateside, Mexico’s shallow water plays and more […]