Major news out of Iraq is getting drowned out by falling oil price coverage. The Kurdish Regional Government and Iraq’s central government today reached an agreement on exporting oil and sharing revenue. The KRG will release 500,000 or 550,000 barrels of oil per day (reports conflict on this here and here) to Iraq’s State Oil… Keep reading →
Financial results from 127 global oil and natural gas companies showed increased use of debt to help fund operations – along with asset sales – in recent years amid flat oil prices. Low borrowing rates facilitated this phenomenon, though the long-term sustainability of this strategy is questionable. “Using debt to fuel growth is a typical… Keep reading →
