The Oil industry Is In Cyber Danger

Cybersecurity is currently increasing in importance for the oil and gas industry as it moves towards greater digitization and automation. That could be extremely bad for an industry that’s focused on digital tech, but also wants to expand after the decline in 2014 of oil prices. The problem is not unique to oil and gas, …

InterOil: An Object Lesson For Shareholder Exits

By Mitchell Posner For years, InterOil (NYSE: IOC) wasn’t taken seriously as an E&P company. The business press used words like “fluky.” It’s now a mainstream LNG producer, and has provided a considerable return for its shareholders. Last week, the company announced that Oil Search will acquire InterOil, exchanging 8.05 shares for each share of …