Tag Archives: gas

Argentina Pulling Ahead In The Race To Be The World’s Next Shale Hotspot

Billions of dollars are riding on the race for international shale production — and the competition has been coming down to Australia and Argentina the last several months. And Argentina just got a big boost. The country’s state-run oil and … Continue reading

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Oil Megaprojects Won’t Stay On The Shelf For Long

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. Extracting oil from these … Continue reading

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Next Few Weeks Will Reveal Full Extent Of Oil Industry Suffering

Get ready for some bad news and red ink. With the bulk of quarterly earnings reports in the energy industry yet to be announced, there are already $6.5 billion worth of asset write-downs, according to Bloomberg. And that could be just … Continue reading

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Is The Oil And Gas Fire Sale About To Start?

Much has been written about the mounting pile of debt for U.S. oil companies (not to mention the well-known Brazilian oil giant). Not that long ago, many oil and gas companies secured at least a part of their revenue by … Continue reading

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The End Of The Oil Major?

A new report finds that the largest oil companies are set to cut spending on exploration by at least half, potentially leading to very few new oil discoveries in the years ahead. The report from investment bank Tudor, Pickering, Hold … Continue reading

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