David Wethe

  • Shale oilFinance

    ‘It’s kind of like Pac-Man right now: consolidate or get eaten’: Big oil’s $250 billion year of shale mergers rewrites the playbook

    By Kevin Crowley, David Wethe, and others
  • Autry Stephens, chief executive officer of Endeavor Energy Resources LP, stands for a photograph at the company’s Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas, U.S., on Friday, Dec. 12, 2014. Of all the booming U.S. oil regions set soaring by a drilling renaissance in shale rock, the Permian and Bakken basins are among the most vulnerable to oil prices that settled at $57.81 a barrel Dec. 12. With enough crude by some counts to exceed the reserves of Saudi Arabia, theyre also the most critical to the future of the U.S. shale boom. Photographer: Brittany Sowacke/Bloomberg via Getty ImagesFinance

    Big Shale means ‘consolidate or get eaten,’ Wall Street is all in, and one of the ‘last original wildcatters’ will become America’s richest oilman

    By Kevin Crowley, David Wethe, and others
  • A pumpjack operates near a Nabors Industries Ltd. drill rig standing over an oil well for Chevron Corp. in the Permian Basin near Midland, Texas, U.S., on Thursday, March 1, 2018. Chevron, the world’s third-largest publicly traded oil producer, is spending $3.3 billion this year in the Permian and an additional $1 billion in other shale basins. Its expansion will further bolster U.S. oil output, which already exceeds 10 million barrels a day, surpassing the record set in 1970. Photographer: Daniel Acker/Bloomberg via Getty ImagesMPW

    ‘It cannot continue:’ Women oilfield workers allege they had to endure pervasive sexual harassment, groping, and no bathrooms

    By David Wethe and Bloomberg
  • NEW YORK, NY – SEPTEMBER 19: Philanthropist Warren Buffett (C) is joined onstage by 24 other philanthropist and influential business people featured on the Forbes list of 100 Greatest Business Minds during the Forbes Media Centennial Celebration at Pier 60 on September 19, 2017 in New York City. (Photo by Daniel Zuchnik/WireImage)Finance

    Warren Buffett’s Berkshire Hathaway boosts its stake in Occidental Petroleum

    By David Wethe and Bloomberg
  • St. Paul, Minnesota. People rally to support the Ukrainian people and Ukraine’s sovereignty and stop the war that Russia is waging against them. (Photo by: Michael Siluk/UCG/Universal Images Group via Getty Images)

    The world’s biggest oilfield contractors are quitting future Russia work

    By Bloomberg, Amelia Pollard, and others
  • F500-2020-373-Chesapeake-Energy

    Fracking pioneer Chesapeake Energy files for bankruptcy

    By David Wethe, Olivia Rockeman, and others
  • Chevron Posts Heavy Decline In Quarterly Profits

    Chevron Drops Out of Bidding War With Occidental for Anadarko Petroleum

    By Joe Carroll, David Wethe, and others