30 C
Lagos, South Africa and New York
Tuesday, November 24, 2020

CERAWEEK-OPEC and U.S. shale break bread in uneasy truce at Houston dinner

HOUSTON, March 6 (Reuters) - Around the room at Houston’s The Grove restaurant on Monday, at several tables, sat a group of shale executives, interspersed with energy ministers and officials representing OPEC members, where they dined on fish and steak. They should have had a...

CERAWeek2018: Global oil sector needs $20 trillion investments over 25 years: Aramco CEO

HOUSTON (Reuters) - The global oil and gas industry needs to invest more than $20 trillion over the next 25 years to meet expected growth in demand and compensate for the natural decline in developed fields, Saudi Aramco Chief Executive Officer Amin Nasser said...

CERAWeek2018: Energy is crown jewel of NAFTA nations and will bind them, even in a trade war

Energy is crown jewel of NAFTA nations and will bind them, even in a trade war The U.S. buys and sells energy from both its northern and southern neighbor, and it is one industry that binds North America together, regardless of whether there...

CERAWeek2018: Oil from shale will be resilient with oil at $50: Hess CEO

Reuters) - Oil production from shale formations will account for an increasingly large percentage of global oil production, Hess Corp. CEO John Hess said in Houston Monday. Shale "will be resilient in a $50 world and we are in a $60 world," Hess said, speaking...

CERAWeek2018: US oil at record output, and investors want companies mindful of ‘boom to bust’ spending

The global energy industry descends on Houston on Monday for the annual CERAWeek conference, where a hot topic will be the record-level surge in U.S. energy production. This should be a great year for oil companies, with higher prices, less regulation and a White House...

Oil Boom-Bust Cycles Shrinking, Conoco CEO Says: CERAWeek Update

It’s Day 2 at CERAWeek by IHS Markit, the five-day gathering in Houston of some of the energy industry’s biggest names. Tuesday’s highlights include appearances by the CEOs of Saudi Aramco, BP Plc and ConocoPhillips. Shale, the future of petroleum demand, and low-carbon technologies...
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