March 14, 2019
Via: Energy GlobalBig 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 […]
December 13, 2018
Via: CNBC energyWhile 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 […]
August 16, 2018
Via: ForbesThere 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 […]
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