Search Results
for Shell

ConocoPhillips Doubles Down on Shale With $9.5 Billion Takeover of Shell’s Permian Assets
As the energy transition gathers pace, the strategies between the world's oil majors have begun to diverge.

The Return of “Peak Demand?” What the Future May Hold for Global Oil
As Coronavirus reignites the global oil demand debate, near-term problems have brought back concerns about the long-term viability of oil and gas.

Disappointing Fourth-Quarter Results Put Pressure On Oil Majors
Poor results for Big Oil causes concern among investors - and places pressure on the oil majors.

Nigeria Oil Supply Outages Continue to Support Oil Prices
As of June, Nigeria had lost 500,000 to 600,000 barrels per day of oil production, vaporizing about $30 million of daily revenues for the country. The Nigerian government had already seen its oil revenues cut in half by the collapse of oil prices, but the loss of a substantial portion of its production has pushed the country into a state of crisis.

Oil Major Debt at Record Level as Companies Refuse to Cut Dividends
The oil majors are living off of yesterday’s discoveries, and choosing to pay shareholders at the expense of future growth.

With $4 Billion Deficit, Alaska Ponders an Economy Beyond Oil
The Governor of Alaska has proposed changes to how the state collects revenue, a recognition that the state’s best oil days are likely in the past.

End of an Era? Oil and Gas Megaprojects Pushed to the Back Burner
Chevron, Shell, ConocoPhillips, and ExxonMobil are all announcing limits on megaproject spending to focus on shale oil and gas production.

Shell Goes Long on Brazil with Completion of BG Takeover
Developing oil and gas in Brazil means dealing with the country's beleaguered state oil company, Petrobras. In spite of this impediment, Royal Dutch Shell is doubling down on Brazil.

Despite Challenges, Hilcorp Moves Forward With Arctic Drilling Plans
Despite oil prices falling to levels not seen in more than a decade and Arctic drilling efforts halted by major companies such as Royal Dutch Shell, Houston-based Hilcorp’s latest proposal to build a gravel island for oil extraction off the shores of Alaska is still moving forward.

The Oil Weapon: 42 Years After the OPEC Oil Embargo
Much has changed since the 1973 embargo brought the U.S. economy to its knees. But our dependence on oil as a single transportation fuel remains the same.