The global oil supply is tightening, and markets should move closer to balance by the end of this year, but it’s too early for “any improvement in price” to affect exploration investments because operator confidence and balance sheets still need to be repaired, Schlumberger Ltd.’s operations chief said Tuesday.
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ConocoPhillips to Triple Spending in Eagle Ford Shale
ConocoPhillips has shut in some of its dry gas production in North America, but in the liquids-rich Eagle Ford Shale, it’s full steam ahead.
October 28, 2010
IEA: Global Energy Trends ‘Patently Unsustainable’
Current global trends in energy supply and consumption are “patently unsustainable” and must be altered, according to a report from the International Energy Agency (IEA).
November 17, 2008
Global ‘Energy Revolution’ to Cost $26 Trillion by 2030, IEA Says
Current global trends in energy supply and consumption are “patently unsustainable” and must be altered, according to a report from the International Energy Agency (IEA).
November 13, 2008
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