“I don’t believe you’ll see the disaster that some people talk about,” says John Walker, president and CEO of EnerVest Ltd. & executive chairman of EV Energy Partners LP.
In 2008, Statoil had just completed its merger with Norsk Hydro, and had no unconventional opportunities in its portfolio. In just four years, it has reached deep into the leading shale plays in the U.S. and is now operating.
May 16, 2012: Energy stocks closed mixed to lower in volatile trading as investors digested the Fed's latest meeting minutes and following conflicting reports suggesting the ECB could halt monetary operations to certain Greek banks. Read more...