Tag: big oil
The Next Big Offshore Boom Is About To Happen Here
Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil. On Wednesday, the country’s National Petroleum Agency put 287 oil and gas blocks […]
Time To Buy CVX? Chevron Could Be Back In The Saddle
Chevron is finally seeing rising production and that’s a great thing. Big oil isn’t wait it used to be. And for Chevron Corporation (NYSE:CVX) that fact has hit the firm right in its wallet. Since the energy crash that started in 2014, CVX has been basically drifting water in terms of cash flows and profits. That’s resulted […]
The ‘Big Oil’ Lie
Over the past several years, this false narrative that business is inherently evil has steadily crept into the social conscious. It has become commonplace, even laudable among some camps, to criticize corporate America as the antithesis of the working class. Nowhere is this animosity on display more—nor more misplaced—than towards traditional energy producers. Let’s be […]
