Companies are always looking for creative ways to reduce costs and expand profit margins. In some cases, new and innovative approaches are employed. In others, proven but overlooked techniques are being resurrected and applied....
The profitability of some U.S. shale wells at current prices will almost double as cost cutting and technology turns them into cash gushers despite oil's crash. A report by Citigroup Inc. highlights what companies such as EOG Resources Inc. have been saying for months: that...
The CEO of Norway's largest oil producer said the industry will probably see more deals after Royal Dutch Shell Plc's $70 billion to BG Plc, especially if crude prices remain depressed. "All player are looking now at opportunities," Eldar Saetre said in Washington, D.C.
The Obama administration took the first formal steps to boosting the royalties that energy companies must pay for oil and gas they pull from public lands. The Bureau of Land Management's announcement that it would be proposing changes...
Companies are always looking for creative ways to reduce costs...
Is your glass half-full or half-empty? This question has been used...
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