Fortune | Here's How Oil Companies Are Scrambling to Survive the Price Crash Fortune American firms Chevron CVX -2.25% , ConocoPhillips COP -6.85% and Hess HES -12.54% are withdrawing from more costly deepwater projects to focus on shale oil fields on their home turf, for example. Britain's BP BP -0.49% is betting on offshore gas in ... Could oil shares offer same returns as UK housing in the 90s? RPT-As Big Oil shrinks, boards plot different paths out of crisis How To Invest In Oil: Consider Royal Dutch Shell |