Drilling and Boring

Trump’s Energy Policies May Be a Mixed Bag for Oil Companies

The president-elect has promised to make it easier to build energy infrastructure and secure drilling leases. But higher production could hurt prices and profits.

By Rebecca F. Elliott

Drilling and Boring Mohammed bin Salman (1985- ) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Production Saudi Arabia Saudi Aramco

Saudi Aramco Abruptly Drops Plans to Expand Oil Production

The pullback, at the behest of the Saudi government and made with little comment, probably reflects a more subdued outlook for demand of Saudi Arabia’s oil.

By Stanley Reed

Carbon Capture and Sequestration CrownQuest Operating CrownRock LP Drilling and Boring Global Warming Hollub, Vicki (1960- ) Houston (Tex) Hydraulic Fracturing Mergers, Acquisitions and Divestitures Natural Gas Occidental Petroleum Corporation Oil (Petroleum) and Gasoline Permian Basin (North America) Prices (Fares, Fees and Rates) Production Shale

Occidental Is Latest Oil Company to Buy a Smaller Producer

The oil company said it would buy CrownRock, a smaller producer, for $12 billion just weeks after Exxon Mobil and Chevron announced acquisitions.

By Clifford Krauss

Biden, Joseph R Jr Coronavirus (2019-nCoV) Drilling and Boring Energy and Power Global Warming Greenhouse Gas Emissions International Trade and World Market Natural Gas Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Production Russian Invasion of Ukraine (2022) Shale Stocks and Bonds United States United States Economy United States International Relations United States Politics and Government

Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears

American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.

By Clifford Krauss

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