Company
ConocoPhillips is a major US independent oil and gas company engaged in global exploration, production, and development of crude oil, natural gas, and LNG.
The National Assembly named Steve Hanke special adviser and told him to write a full dollarization law. He puts the odds of passage at 50% to 80%.
Reality
Mazama Energy has $135 million to push a well at Oregon's Newberry site toward rock at 750F. The technology's first outside test is a generation demonstration at 15 megawatts per well, and the company is still seeking certification of the 10 gigawatt claim on the site.
Reality
Six of the eight positions Harris Associates increased in Q2 2026 are banks, brokers, exchanges or payments processors. The other two are Salesforce and Sysco, and the trim list includes an insurer.
Reality
EOG's chairman says Abu Dhabi rock looks like the Eagle Ford and the first wells are beating expectations. The constraint on everyone copying him is a generation of engineers who have never drilled a dry hole.
Reality
Caracas puts the bill above $100 billion for reserves the White House says more than double America's, a stock claim with no schedule attached while the only new barrels come from Chevron tuning old wells.
Perspective Coverage
5 publishersReality
Washington's cut of the new Venezuelan oil venture arrives without Washington writing a cheque. The arithmetic leaves private capital about 52 cents of every dollar of market-priced output, before anyone establishes who owned the fields.
Reality
Venezuela's new petroleum minister pitched 916 exploration opportunities and 192 trillion cubic feet of gas. The names on paper so far are Hunt Oil and SLB.
Reality
Alejandro Betancourt is helping the Trump administration pick assets and partners in Caracas. With no competitive bidding and majors staying out, the beneficiaries are small US operators.
Reality