David Wethe

ConocoPhillips announced that Chief Executive Officer Ryan Lance will retire and be succeeded by his financial chief Andy O’Brien, effective Sept. 1.

ConocoPhillips announced that CEO Ryan Lance will retire and be succeeded by his financial chief Andy O'Brien, effective Sept. 1.

(Bloomberg) – Oil and gas producers' swelling power needs are hitting the West Texas region just as technology companies target the world's most productive shale basin for data centers, sending electricity demand soaring.

Chemicals called surfactants can help the industry stem a slowdown in crude output growth.

The advances in surfactants are part of the industry’s years-long campaign to improve technology and lower costs.

With private companies on the cusp of signing a series of deals that will put Venezuela on pace to rapidly expand its crude output, US Energy Secretary Chris Wright said that China won’t have any debt claims to the revenue from new production.

(Bloomberg) – With private companies on the cusp of signing a series of deals that will put Venezuela on pace to rapidly expand its crude output, U.S.

President Donald Trump has boasted that his sweeping oil accord with Venezuela — effectively giving the US control over much of the nation’s crude wealth — is possibly “the greatest deal ever made.”

El presidente Donald Trump se ha jactado de que su amplio acuerdo petrolero con Venezuela, que en la práctica da a Estados Unidos control sobre gran parte de la riqueza petrolera del país, es posiblemente “el mejor acuerdo jamás firmado”.

President Donald Trump has boasted that his sweeping oil accord with Venezuela — effectively giving the U.S. control over much of the nation's crude wealth — is possibly “the greatest deal ever made.”