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Venezuela’s Production Losses Could Accelerate as Chevron Becomes a Target
Venezuelan intelligence arrested two employees of Chevron who balked at signing contracts with PDVSA. The move has broad implications and will likely lead to even more production losses.

Automation, Big Data Improve Shale Efficiency, Alter Jobs Outlook in Oil & Gas Sector
Since the price downturn, companies have prioritized digital technologies, artificial intelligence, automation, robots and drones, connectivity, and data analytics in their budgets.

Shale CEOs Woo Investors as Market Outlook Brightens
Even though a large amount of shale production is hedged for this year, the industry is still vulnerable to cost inflation, access to capital markets and investment banks, and fluctuations in the oil price.

Demand for Oilfield Services Set to Rise, Testing Industry’s Cost Reduction Efforts
Cost reductions seen throughout the industry could end up being cyclical. An increase in drilling activity will likely grant greater leverage to OFS companies, who may ultimately pass on higher expenses to oil companies.

Price Rebound, Possible Turning Point Fail to Mask Industry Woes
Even though the oil market has risen considerably since February, bankruptcies, staff layoffs, capital expenditure cuts, and falling productivity continue to be commonplace during the price downturn that has so far lasted for seven straight quarters.

The Unaoil Bribery Scandal: Examining Critical Facts, and Media Exaggeration
What to know about "The Bribe Factory," Monaco-based Unaoil's many illicit dealings with oil producing countries and companies.

Oil Industry Shaped by Changing Roles of IOCs and Service Companies
KPMG: Even as national and international oil companies continue to call the shots, oilfield service companies have emerged as the "unsung workhorse" of the oil industry.

Bankruptcies Hit Alarming Levels in Oilfield Services Sector
Against the backdrop of high debt, capex cuts, and more E&P bankruptcies, 2016 will be a slog for oilfield services, just like everyone else in the oil and gas industry.

Oilfield Services: North American Market Getting Slammed the Hardest
Although the oilfield service giants will undoubtedly survive, there’s a lot of uncertainty going forward, prompting them to focus on cost per barrel optimization and improving efficiency

Refracking: Shale Revolution 2.0?
The U.S. oil industry is clamoring around a technology breakthrough that promises to extract more oil while slashing costs. But is "refracking" worth all the hype?