US-China deal provides boost for energy exports
A deal by the US and China goes some way to ending the two-year trade war, with particular support in the agreement for agriculture and energy exports.
A deal by the US and China goes some way to ending the two-year trade war, with particular support in the agreement for agriculture and energy exports.
Billionaire oilman Harold Hamm says the government was way too optimistic with its prediction of more than 1 million new barrels a day in US production, and the snafu is “distorting" global crude prices.
A number of oil and gas bosses have made it into Forbes annual Rich List including Trump’s right hand-man Harold Hamm.
Republican presidential candidate Donald Trump is said to be considering nominating oil and gas mogul Harold Hamm as energy secretary should he become President of the United States.
Continental Resources Inc. is fracking again.
Billionaire Harold Hamm, whose early adoption of shale drilling in North Dakota helped usher in a US energy renaissance, plans to cut spending by 41% at his company after the plunge in oil prices. Continental Resources Inc. and other US producers can adjust quickly to the crude collapse and will be able to withstand the downturn better than many producing countries, which face economic “ruin,” Hamm said in an interview. “The oil and gas industry has lowered the cost of gasoline to consumers in this country,” Hamm, chairman and chief executive officer of Continental, said yesterday.