Industry Insights

Russia Grants ExxonMobil Another Year To Sell Its Sakhalin-1 Stake

A presidential decree extends ExxonMobil’s chance to possibly recoup part of the $4.6 billion loss i...

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Industry Analysts Weigh In on Venezuela’s Upstream Outlook Post-Maduro

Following a US military operation to arrest Venezuela’s president, analysts say there is no easy fix...

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USGS: Permian Secondary Shales Hold 1.6 Billion Barrels of Recoverable Oil

The new assessment also estimates 28.3 Tcf of technically recoverable gas in the Woodford and Barnet...

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As Permian Shifts From Expansion to Endurance, Shale Producers Reach for More EOR, Horseshoe Wells, and AI

Even as output hits record highs, a growing recognition of the Permian’s maturity is opening the doo...

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US Pushes for $100 Billion Oil Investment in Venezuela

US oil executives say large-scale investment in Venezuela will depend on governance reforms and sust...

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