Strategy

Apache Corp.’s conservative spending strategy and solid credit rating have proved a powerful tonic as the financial markets began to panic, CEO G. Steven Farris said Thursday.

Energy independence is “not realistic for the United States or almost any other country,” and it may not be the best strategy to pursue, ExxonMobil CEO Rex Tillerson said last week.

Energy independence is “not realistic for the United States or almost any other country,” and it may not be the best strategy to pursue, ExxonMobil CEO Rex Tillerson said this week.

Notwithstanding a hedging strategy that fell victim to robust commodity prices, Chesapeake Energy Corp. executives Friday touted a “record quarter” on a per-share adjusted basis with earnings of $1.09/share, the most in the company’s 15-year history.

Notwithstanding a hedging strategy that fell victim to robust commodity prices, Chesapeake Energy Corp. executives last week touted a “record quarter” on a per-share adjusted basis with earnings of $1.09/share, the most in the company’s 15-year history.

The Department of Interior and Congress should pursue a two-pronged strategy to recover royalties from producers that hold the 1998-1999 deepwater oil and natural gas leases that lack critical price thresholds, according to a report issued by an Interior-commissioned panel.

The Department of Interior and Congress should pursue a two-pronged strategy to recover royalties from producers who hold the 1998-1999 deepwater oil and natural gas leases that lack critical price thresholds, said a report issued by an Interior-commissioned panel Monday.

The government of Newfoundland and Labrador has unveiled its first-ever energy plan, a comprehensive strategy that will allow the province to become a “significant” player in the oil and natural gas business over the coming years. Among other things, the province plans to take a 10% equity stake in some oil and natural gas projects, and it is proposing a new natural gas royalty regime.

The government of Newfoundland and Labrador released its first-ever energy plan on Tuesday, a comprehensive strategy that will allow the province to become a “significant” player in the oil and natural gas business over the coming years. Among other things, the province plans to take a 10% equity stake in some oil and natural gas projects, and it is proposing a new natural gas royalty regime.