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Humanity matters, capitalism needs an upgrade

The COVID-19 vaccine crisis is an opportune time when companies must rethink the purpose behind their existence ....

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Shale's Private Army Ramping Up Means Supply Wild Card for OPEC

(Bloomberg) The battered and bruised U.S. shale industry is finding a resurgence in one of the most unlikely places: private operators most investors have never heard of.Take the case of little known, closely held DoublePoint Energy. It’s now running more rigs in the Permian Basin than giant Chevron Corp. Meanwhile, family-owned Mewbourne Oil Co. has about the same number of rigs as Exxon Mobil Corp.That’s emblematic of what’s happening across the industry. Once minor players, private drillers held half the share of the horizontal rig count as of December. It’s the first time in the modern shale era that they have risen to the level of the supermajors.That’s happening when, after years of unwieldy supply growth, the big guys are finally starting to show restraint. They’ve dialed back drilling after the pandemic sent oil prices into collapse. Now that the market is on the rise again, the majors and publicly-traded counterparts are mostly stick ....

Private Companies , Oil Prices , Quantum Energy Partners , Private Operators , Private Equity Firm , Private Producers , Mewbourne Oil Co , Drilling Rigs , ப்ரைவேட் நிறுவனங்கள் , எண்ணெய் ப்ரைஸஸ் , குவாண்டம் ஆற்றல் கூட்டாளர்கள் , ப்ரைவேட் ஆபரேட்டர்கள் , ப்ரைவேட் பங்கு நிறுவனம் , ப்ரைவேட் ப்ரொட்யூஸர்ஸ் , துளையிடுதல் ரிக் ,