Quotes from the news wire:
Oil and gas companies do not want to drill more, they are under pressure from the financial community to pay more dividends, to do more share buybacks, instead of the proverbial 'drill baby drill,' which is the way they would have done things 10 years ago. Corporate strategy has fundamentally changed.
Found on CNN 2 years ago
If someone starts drilling oil wells today, the increased supply might be 6 months, 12 months, even years away.
Found on CNN 2 years ago
Because of the industry's strong emphasis on capital discipline, reaching peak production should be realistic in 2023, but not before then, and it's never going to grow at a rapid rate ever again. The days of Pavel Molchanov oil supply growing double digits on sustainable basis, those years are gone.
Found on CNN 2 years ago
Oil and gas companies do not want to drill more, they are under pressure from the financial community to pay more dividends, to do more share buybacks instead of the proverbial' drill baby drill,' which is the way they would have done things 10 years ago. Corporate strategy has fundamentally changed.
Found on CNN 2 years ago
Stop spending like drunk sailors. That's the message from shareholders.
Found on CNN 3 years ago
We are beyond capital discipline. We are in capital austerity.
Found on CNN 3 years ago
It was expensive. Nothing Warren Buffett does come cheap. Wall Street analysts've known that for a long time.
Found on CNN 4 years ago
It will work out in the long run. But I wish they did not do it, it caused too much damage to the stock and to the reputation of the company.
Found on CNN 4 years ago
Chevron has no objective need to acquire Anadarko - or, for that matter, engage in any other large-scale (mergers and acquisitions).
Found on Reuters 5 years ago
From the standpoint of Chinese importers, it makes no difference where it comes from.
Found on CNN 5 years ago
Unipec Singapore's safe to say Unipec Singapore will be from one of the projects that have not yet materialized.
Found on CNN 5 years ago
In the Gold Rush it was the people who were making the picks and shovels for gold miners that made the most money. This is a case of a company that has absolutely nothing to do with cannabis historically, yet it's benefiting from the picks-and-shovels opportunity.
Found on Reuters 5 years ago
For oil companies, whether shale or anywhere else, obviously the higher the better as far as prices go.
Found on CNN 6 years ago
It will be interesting to watch how Exxon pursues the development of InterOil's gas resources. Will it be by expanding the existing LNG plant already operating in the country, or building a brand-new project?.
Found on Reuters 8 years ago
It will be interesting to watch how Exxon pursues the development of InterOil's gas resources. Will it be by expanding the existing LNG plant already operating in the country, or building a brand-new project ? .
Found on Reuters 8 years ago
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