ESG: When Divesting Fossil Fuels From Portfolios Causes More Harm Than Good
Why divesting fossil fuels in the name of climate change may in fact be short-sighted and harm the larger sustainable positive strides energy companies are...
Business
Shareholders Prioritized as Big Oil’s First Quarter Earnings Slump
Earnings of major international oil and gas producing companies have suffered in the first quarter of 2020 resulting from weaker product demand and lower realized...
Texas Alliance of Energy Producers Elects Cye Wagner as New Board Chair
Operator and petroleum engineer becomes first woman to chair a major Texas oil and gas trade association AUSTIN, Texas – Cye Wagner of Fort Worth-based...
Over US$50bn in Capital Expenditure Cuts Announced as Oil and Gas Companies Grapple with COVID-19 and Oil Price War
As the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by the coronavirus (COVID-19), company costs and investments...
Global Oil Glut Drives Down Price
by Alex Mills
The oil industry in the United States once again faces dramatic declines in crude oil prices at the hands of foreign countries seeking to bankrupt...
Were Oil & Gas Producers Hedged For The Recent Price Collapse?
by Shane Randolph and Josh Schulte
While energy markets continue to be volatile, fewer oil and gas producers have hedges in place than in prior years. In addition, a number of...
Uncertainty Looms Over Oil and Gas M&A Deals Landscape Amidst Coronavirus Outbreak and Drop in Oil Prices
The recent coronavirus (COVID-19) outbreak is adding further woes for the oil and gas industry, which is already plagued by oversupply and declining prices. This...
As Pandemic Spreads, Democrats Prioritize Green Giveaways for Special Interests Over Citizens
WASHINGTON DC – Today, the American Energy Alliance (AEA) raised concerns about the ballooning $1.2 trillion stimulus package Congress is currently considering and what misguided...
Saudi Oil Price War Unlikely to Have Quick End
Following the news that Saudi Arabia is responding to Russia’s refusal to a new oil production cut agreement by cutting oil prices and boosting supply,...
US Shale Supply Badly Hit by Price War and Forced to Become More Resilient
Following the WTI price fall to around US$30 per barrel due to an oil price war between Saudi Arabia and Russia; Adrian Lara, Oil and...
