Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
In Texas Oil Country, an Unfamiliar Threat: Earthquakes A pair of recent strong earthquakes were part of a surge in seismic activity in the state related to oil and gas production.