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...
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...
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