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  • BHP Billiton to reduce US shale rigs

    In response to lower oil prices, BHP Billiton will reduce its US shale drilling spending by reducing the number of rigs by 40%.


    Christmann succeeds Farris (shown here) as Apache president, CEO

    Farris retires as president, CEO of Apache

    Apache's chairman, president, and CEO, Steven Farris (pictured here), is retiring. He will continue as non-executive chairman of the board until May 1. John J. Christmann IV, Apache's executive vice president and COO for North America, succeeds Farris as president and CEO, and joins Apache's board on Jan. 20.  


    15 things to watch in North America upstream in 2015

    The drop in oil prices has led to an unprecedented level of uncertainty going into 2015, especially for the prospects of the North American upstream oil and gas sector. Wood Mackenzie analysts detail some of what the industry can expect.  


    2015 will be 'extraordinarily tough' for oil companies

    The pain limit for US shale drillers was reached when US oil prices dropped below 50 USD/bbl. Without the invisible hand of OPEC, how fast will oil supply adjust and what is the new balancing oil price?


    Can Canadian oil and gas cope at $50 oil?

    The majority of the Canadian oil and gas industry is set for difficult times ahead; less than 20% of the biggest oil and gas companies in Canada have 'sustainable operations' at $50 oil, says CanOils.  


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    Commodity Indices

    Market Indices

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