Didn't make it to IHS CERAWEEK? The Bit brings you up to speed on the key themes of the week, including future oil prices, shale, struggles in Canada, and the new face of Pemex.
First, Noah Brenner discusses what role shale will play in the eventual recovery, and how the oil bust is affecting midstream companies.
Then Tonya Zelinsky takes us through the pain Canada's industry is feeling, and how oil sands operators are taking to the government's new push to address climate change.
And Kat Schmidt has the latest chapter in the development of Mexico's oil industry, including the public's first look at Pemex's charismatic new chief executive.
A roundup of some the conference's best quotes, and more much, this week on The Bit.
Oil markets hinged on comments by Saudi oil minister Ali Naimi, who said production cuts are unlikely, while Opec secretary general Abdalla Salem El-Badri indicated a production freeze may be more likely.
John Hess countered the notion that shale production will ramp up as soon as global supply drops, stressing that US shale is a "short-cycle supplier" rather than a swing producer.