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Oil&Gas Drilling
New Technology Helps US Shale Oil Industry Start to Rebuild Well Productivity
Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford/ File photo Purchase Licensing Rig…
Oil & Gas Trade
US Oil Output From Top Shale Regions to Rise in May, EIA Says
A pump jack lifts oil out of a well during a sandstorm in Midland, Texas, U.S., April 13, 2018. Picture taken April 13, 2018. REUTERS/Ann Saphir/File Photo Purc…
Oil&Gas Drilling
China's Major Shale Gas Field Puts Into Operation 33 New Wells in Q1
The Fuling shale gas field in southwest China's Chongqing Municipality has put into operation 33 new wells in the first quarter of this year, up 50 percent …
Oil&Gas Drilling
Argentina State Oil Firm YPF to Invest $3 Bln in Shale in 2024
A view shows YPF Tower, a day after Argentina's runoff presidential election, in Buenos Aires, Argentina November 20, 2023. REUTERS/Agustin Marcarian Purcha…
Oil & Gas Trade
Exxonmobil Weighs Offers for Argentina Shale Assets - Source
A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration P…
Oil & Gas Trade
Exclusive: Encap Eyes $5 Bln Sale of Shale Producer Grayson Mill -Sources
Private equity firm EnCap Investments is exploring a sale of Grayson Mill Energy that could value the Bakken shale-focused oil and gas producer at around $5 bil…
Oil & Gas Trade
Chevron's Duvernay Sale Seen Attracting Mid-Sized Canadian Shale Operators
A Chevron gas station sign is seen in Austin, Texas, U.S., October 23, 2023. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsAs Chevron Corp (CVX.N), op…
Nuclear Reactor
Estonia plans small nuclear reactor to quit shale oil by 2030
Electrification and automation technology specialist ABB has been contracted by Offshore Frontier Solution Pte. Ltd., a joint venture between MODEC and Toyo Eng…
Oil & Gas Trade
Chevron to Begin Marketing Shale Gas Assets in Canada's Duvernay
The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas…
Oil & Gas Trade
US Oil Output Due to Drop in February for 5th Straight Month, EIA Says
U.S. oil output from top shale-producing regions is due to decline in February for the fifth consecutive month, the U.S. Energy Information Administration (EIA)…
Oil & Gas Trade
China Crude Flows to Storage Poised to Pick Up After Half-Year Lull: Russell
A shale gas drilling rig run by Sinopec is seen in Chongqing, China March 18, 2018. Picture taken March 18, 2018. REUTERS/Chen Aizhu/File Photo Acquire Licensin…
Oil & Gas Trade
Exclusive: Gas Producer EQT Seeks to Sell $3 Bln Portfolio -Sources
U.S. natural gas producer EQT Corp (EQT.N) is exploring a sale of a portfolio of minority stakes in wells in Pennsylvania's Marcellus shale formation, which…
Oil & Gas Trade
Oil Nudges Higher After Saudi Arabia, Russia Stick To Output Cuts
Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcari…
Oil & Gas Trade
Exxon Secures Lead in Top US Oilfield With $60 Billion Buy of Shale Rival Pioneer
Exxon Mobil (XOM.N) agreed to buy U.S. rival Pioneer Natural Resources (PXD.N) in an all-stock deal valued at $59.5 billion that would make it the biggest produ…
Oil & Gas Trade
Exxon-Pioneer Tie-up Could Squeeze US Shale Oil Suppliers, Pipelines
ExxonMobil and Pioneer Natural Resources logos are seen in this illustration Top US oil producer ExxonMobil's planned acquisition of the No. 1 Permian shale…
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