Saturday, August 1, 2026

Four OPEC, Non-OPEC Producers Agree to a Production Freeze

Markets unsatisfied with deal to maintain production The first signs of cooperation between OPEC and non-OPEC countries on crude oil production emerged today in the form of a deal between Russia and three OPEC members, including the group’s largest producer, Saudi Arabia. Russia, Saudi Arabia, Venezuela and Qatar agreed to a production freeze today, as the global glut of crude

Crude Exports, LNG and NatGas: Part II with NAPIA and Energy Directions President Mike Smolinski

In this second and final part of our exclusive interview, NAPIA and Energy Directions President Mike Smolinski talks about the effect of growing U.S. crude oil and LNG exports on global markets and refining, the effect of $2.50 natural gas and the demise of coal as the go-to fuel for power generation. Smolinski also discusses the U.S. de facto  national energy policy as “Thou Shalt Not.”

Intervale Capital’s Charles Cherington and Bayou City Energy’s Will McMullen

In the February 2016 cover story on Intervale Capital in Oil & Gas Financial Journal Charles Cherington, the private equity firm’s managing partner, discusses his perspective on the downturn as it relates to oilfield services investments. Will McMullen, founder of Bayou City Energy, analyzes E&P private equity opportunities and their strategic relationship with Intervale. Continue reading story…