Former Shell Chief John Hofmeister talks about Saudi Arabia’s Impact on World Oil Prices and the Weakening of OPEC in Part II of this interview for TOP MINDS IN THE BUSINESS John D. Hofmeister is a seasoned business leader with strong views about U.S. energy policy and a deep understanding of the global energy supply-demand equation. John’s knowledge comes from
With the deadline for peace talks fast approaching, the actual amount of Iranian oil that could reach markets may not be the torrent some predict The March 31 deadline for a nuclear deal with Tehran has arrived, and the market is watching. Many worry that lifting sanctions, initially imposed due to disagreements concerning Iran’s nuclear program, would let Iran’s remaining
View PDF of Slides – Download Video File As global oil prices remain at historic lows and rig counts continue their decline, many wonder how to bring new talent into the industry. Joining Oil & Gas 360® to discuss attracting new talent to the oil and gas industry is Mr. John Hofmeister. Mr. Hofmeister has held a number of positions in the oil
Forbes reports nearly 74,000 oil workers have been laid off since spot prices plummeted in Q4’14, with 58,624 (or nearly 80%) of the workers coming from the oil service side. Major companies like Schlumberger, Baker Hughes, Pemex, Weatherford and Halliburton have each extended the disheartening news to more than 6,000 employees. Forbes opened up its comment section for its readers
Private E&P is Evaluating $500 Million to $1.5 Billion Opportunities in the D-J, Permian and Utica Exclusive Interview with Oil & Gas 360 Fifth Creek Energy is a private E&P company, formed by Michael Starzer and Patrick Graham, the founders of Bonanza Creek Energy (ticker: BCEI) and its predecessor companies. Last week, Fifth Creek and Natural Gas Partners (NGP) announced
In Part II of this exclusive interview for Oil & Gas 360®’s “Top Minds in the Business” series, legendary oil man Bill Barrett shares his company growth structure, similarities in downturns and the long-term potential for newcomers in the oil and gas industry. Credit: SEUEPA Part I of the interview ran last week, and featured Mr. Barrett’s view on wildcatting
In Part I of this exclusive interview for Oil & Gas 360®’s “Top Minds in the Business” series, legendary oil man Bill Barrett shares his views about wildcatting, his history as a successful wildcatter in the Rocky Mountains and what to look for in building an acreage portfolio. Credit: SEUEPA There are some business people who stand out in any
United States exports of noncrude petroleum products increased for the 13th straight year in 2014, the Energy Information Administration said in a report on March 5, 2015. The U.S. averaged 3.8 MMBOPD in 2014 – an increase of approximately 10% from 2013. The overwhelming majority of the product remained in the western hemisphere, being sent to various ports in both
The Senate is unable to override the president’s veto of TransCanada’s (ticker: TRP) Keystone XL pipeline The Senate was unable today to override President Obama’s veto of a bill that would have allowed for the construction of the Keystone XL pipeline. President Obama vetoed the bill last month, saying the legislation “attempts to circumvent longstanding and proven processes for determining
The cycles of the oil and gas market are inevitable, and throughout its history the industry has consistently recovered from downturns even as severe as the one we are experiencing today. Although the market swings are hardly ever uniform, independent E&Ps are engaging in various methods to weather the current downturn. Industry experts like Tom Petrie, Chairman of Petrie Partners,
Intervale Capital Managing Partner Charles Cherington appeared on Fox Business’ Opening Bell with Maria Bartiromo to discuss the current oil markets. Cherington believes, like other oil executives and analysts, things are likely to get worse before they get better. “The fundamental problem right now is that supply exceeds demand by a considerable amount,” says Cherington. “And production in the United
Core Laboratories (NYSE: CLB) Chairman, President & CEO David Demshur discusses Core Laboratories’ reservoir enhancement technologies, the current oil and gas price environment, Peak Oil and details the company’s plans for 2015 and beyond. …
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
