Carolyn Davis joined the editorial staff of Intelligence Press Inc. in Houston in May, 2000. Prior to that, she covered regulatory issues for environmental and occupational safety and health publications. She also has worked as a reporter for several daily newspapers in Texas, including the Waco Tribune-Herald, the Temple Daily Telegram and the Killeen Daily Herald. She attended Texas A&M University and received a Bachelor of Arts degree in journalism from the University of Houston.
Archive / Author
SubscribeCarolyn Davis
Articles from Carolyn Davis
ExxonMobil, Shell Beat Consensus, But Price Plunge Sharply Reduces Profits
ExxonMobil Corp. and Royal Dutch Shell plc reported sharply lower earnings in the first quarter, with the decline in oil prices removing billions from both of the oil majors' bottom lines. However, their integrated business models helped them blow past Wall Street consensus.
April 30, 2015
Oil/Gas M&A: ‘Not I, Says BP; Not I, Says ExxonMobil. Ditto: Total, Statoil, ConocoPhillips
With slumping oil and stagnant natural gas prices, the market for merger and acquisition (M&A) activity among exploration and production companies would appear to be a good bet. However, many of the biggest companies with the deepest pockets are remaining on the sidelines.
April 29, 2015
North American Shale Producers Drove 1Q Downgrades, Says Fitch
The oil and natural gas sector accounted for the most downgrades in the first quarter at 28%, driven by the decline in oil prices that most impacted North American shale producers, according to Fitch Ratings.
April 29, 2015
Oil/Gas M&A? Not I, Says BP; Not I, Says ExxonMobil. Ditto: Total, Statoil, ConocoPhillips
With slumping oil and stagnant natural gas prices, the market for merger and acquisition (M&A) activity among exploration and production companies would appear to be a good bet. However, many of the biggest companies with the deepest pockets are remaining on the sidelines.
April 29, 2015
North American Shale Producers Drove 1Q Downgrades, Says Fitch
The oil and natural gas sector accounted for the most downgrades in the first quarter at 28%, driven by the decline in oil prices that most impacted North American shale producers, according to Fitch Ratings.
April 29, 2015
BP Sees Challenging Upstream Environment, More Clarity in Lower 48
BP plc, the first of the Big Oil producers whose operations are weighted to the United States to disclose 1st quarter results, is dropping deepwater rigs in the Gulf of Mexico (GOM) and laying off hundreds, but the restructured Lower 48 business has become more competitive, CFO Brian Gilvary said Tuesday.
April 28, 2015
National Oilwell CEO Sees ‘Good Foundation’ For Eventual Recovery, But Timing Uncertain
National Oilwell Varco Inc. (NOV), which makes and supports advanced drilling systems, has moved into restructuring mode to wait out the eventual upcycle, but until then, it’s going to be a difficult period, CEO Clay Williams said Tuesday.
April 28, 2015
NGI The Weekly Gas Market Report
BP Sees Challenging Upstream Environment, More Clarity in Lower 48
BP plc, the first of the Big Oil producers whose operations are weighted to the United States to disclose 1st quarter results, is dropping deepwater rigs in the Gulf of Mexico (GOM) and laying off hundreds, but the restructured Lower 48 business has become more competitive, CFO Brian Gilvary said Tuesday.
April 28, 2015
National Oilwell CEO Sees ‘Good Foundation’ For Eventual Recovery, But Timing Uncertain
National Oilwell Varco Inc. (NOV), which makes and supports advanced drilling systems, has moved into restructuring mode to wait out the eventual upcycle, but until then, it's going to be a difficult period, CEO Clay Williams said Tuesday.
April 28, 2015
‘Competitive Pricing Tension’ Dominates Customer Conversations, Says Precision Drilling Chief
Stung by low demand for land drilling services across North America, Precision Drilling Corp. has consolidated three operating facilities, reduced its salaried workforce by 14% and cut its field employees by 2,500, but CEO Kevin Neveu said Monday he’s hopeful he can bring back many of those laid off once activity levels improve.
April 27, 2015