Quotes from the news wire:
Depending on the weather, it could be a challenging winter, but not as challenging as in Europe. They are at risk of running out of natural gas. We aren't.
Found on CNN 1 year ago
Releasing oil from the SPR reserve will likely not have a long-term effect on lowering gasoline prices.
Found on CNN 1 year ago
The transaction’s biggest benefit to Chevron is to simplify its corporate entity.
Found on Reuters 2 years ago
It is the number one ESG (environmental, social and governance) thing they need to be focused on, they can choose or not to flare ultimately.
Found on Reuters 3 years ago
It wasn't that long ago you wouldn't have heard the word 'Permian' in anything from Chevron.
Found on Reuters 4 years ago
If you have large acreage positions like Pioneer and Concho, or lesser but more contiguous positions like Parsley Energy, and you're a pure-play Permian producer, there's no doubt that you are on the radar screen for these majors.
Found on Reuters 4 years ago
We believe that OPEC will act like a central bank going forward, raising and lowering production as necessary with an objective of keeping global oil inventories at normal, 5-year levels.
Found on Reuters 5 years ago
U.S. oil and gas producers need stable oil prices to be successful, not necessarily higher oil prices.
Found on Reuters 5 years ago
The price move today is probably based off Iran and the tight oil supply market that we already have, the margin for error right now is just so low in the oil market that you can't just take supply off the market.
Found on Reuters 5 years ago
Even if DUCs come online, U.S. production will continue to fall, and until output stops declining, it's going to be a challenging market for oilfield service companies, the number of new wells drilled in the United States has halved from 40,000, and the addition of a thousand or two thousand wells will not do much to arrest steep declines in shale production.
Found on Reuters 7 years ago
We could see a 150,000-200,000 bpd fall in oil production if financially challenged producers were to slow spending.
Found on Reuters 7 years ago
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