Posts Tagged ‘Occidental Petroleum (Oxy)’

Can Texas Railroad Commission Rule Global Oil?

The Texas Railroad Commission (RRC) finds itself at the center of the global policy for balancing the oil production with the current consumption as the only legal authority in US having the power to regulate Texas production. Without an agreement among the US producers in Texas, the global price war with Saudi Arabia and Russia will continue until one of the player is giving up the game. But can the RRC really do it?

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PDO plans for Marmul Polymer Project phases 2 and 3

Oman to invest $1 billion in new Chemical EOR Petroleum Development Oman (PDO) is working on the expansion […]

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