Where is the energy business headed in the year ahead? Oil & Gas Financial Journal recently interviewed several senior executives from some of the industry’s major players.
As the world’s appetite for hydrocarbon-based fuels increases in the next few decades, technology may be our best hope for increasing supplies to keep the wheels of industry turning.
Laws and regulations governing the extraction of oil and gas in Russia can befuddle Western investors who lack sufficient knowledge to comprehend the convoluted tax structure.
National oil companies have been making a big splash in the oil business. In our politicized world, 8 of the 10 largest oil companies are NOCs, and just one of them - Saudi Aramco - controls more than 25% of the global oil supply.
I thank the Committee for this opportunity to discuss the quest for energy security, the implications of our heavy dependence on imported oil, the rise in oil prices, and their manifold political and economic repercussions for our nation.
