Media ID: 55347991
Caption:
Riverstone Holdings Partner Mark Papa speaks during a luncheon and keynote during the second day of IHS CERAWeek at the Hilton Americas Tuesday, Feb. 23, 2016.
by Asharq Al-Awsat English | Feb 29, 2016 | Business
Mark Papa, the former chief executive officer of EOG Resources Inc. who helped create the shale industry more than a decade ago and pioneered drilling in shale for crude oil, said drillers are “grievously wounded” as crashing crude prices exact their toll, describing...
Media ID: 55347846
Caption:
Saudi Arabia’s Oil Minister Ali al-Naimi in Doha, Qatar February 16, 2016. REUTERS/Naseem Zeitoon
by Asharq Al-Awsat English | Feb 23, 2016 | Business
Saudi Oil Minister Ali Al-Naimi on Tuesday urged global energy executives to “stick together” through the worst industry collapse in decades, assuring that increasing support for a deal to freeze output would ease a global glut. He said producers would...
