Independent Oil Companies

Oil Layoffs Could Come Back To Haunt The Industry

By Tom DiChristopher | CNBC

Unemployed Americans line up to enter a

The fall to six-year lows in oil prices has been swift and unexpected. The pace of energy sector layoffs in recent weeks has been similarly quick, if not so surprising. Job cuts are inevitable as oil and gas companies watch commodity prices tumble, but layoffs today could have significant ramifications for the sector tomorrow. For… Keep reading →

 /  Published February 10, 2015 at 3:30 PM

Big Oil Finds Itself Dangerously Exposed

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Web-Based Boycott Of Exxon Mobil Hopes To Lower Gas Prices

Most oil analysts and market observers feel nostalgic this week, as they consider how the global oil market changed in the 40 years following the Arab oil embargo. Citi’s Ed Morse credits the embargo with triggering the largest transfer of wealth in modern history – due to the spate of oil company nationalizations that followed… Keep reading →

 /  Published October 15, 2013 at 3:00 PM