The national oil and gas boom may have created a quarter of the jobs U.S. employers have added to payrolls since the economic downturn began six years ago, former Federal Reserve Chairman Ben Bernanke said Friday. More »
A rising cost-control cry among oil executives has plenty of basis in the economics of the oil patch, but also may be an open message to suppliers that if prices don’t come down, their business will. More »
Dominion Resources now wants to turn its entire Cove Point operation around, reversing the flow so it can liquefy the natural gas now pouring out of Pennsylvania wells and load it onto tankers bound for India and Japan. More »
The dominant narrative from energy executives at the IHS CERAWeek conference this week has been the story of costs. Energy sector executives have portrayed their industry as one that’s on an unsustainable course, due to rising upstream costs in recent years. More »
Investing in technologies that improve initial production rates and the ultimate amount of oil that can be extracted from shale reservoirs can improve oil companies’ haul in the face of rising costs, one energy executive said. More »
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