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Shale
Oil Shale
Total Production of China’s Largest Shale Oil Base Hits 20 Million Tons
China’s largest shale oil production base, the Changqing Oilfield in Northwest China’s Gansu Province, has achieved a cumulative output exceeding 20…
Oil Shale
Shale Producer EOG Tops Profit Estimates as Output Jumps
EOG Resources (EOG.N) reported higher-than-expected third-quarter earnings on Thursday, as rising output helped the U.S.-based oil and gas producer counter lowe…
Oil Shale
Sinopec Announces Discovery of New Shale Oil Reserve in Southwest China
On October 23, 2025, Sinopec, China’s leading oil refiner, announced the discovery of a significant shale oil reserve in the Sichuan Basin, southwest Chin…
LNG
Argentina’s YPF, ENI Finalize Vaca Muerta LNG Deal
Italy’s Eni and Argentina’s state-controlled energy company YPF announced on Friday that they have finalized an engineering agreement for a major liquefied na…
Oil Shale
Chevron to Boost Vaca Muerta Output to 30,000 Bpd by Year-End
Chevron (CVX.N) announced plans to raise oil production in Argentina’s Vaca Muerta shale formation to 30,000 barrels per day by the end of this year, acco…
Oil Shale
Crescent Energy Nears Deal for US Shale Peer Vital Energy, Sources Say
Crescent Energy, a U.S. energy company, is in advanced discussions to acquire Vital Energy, a smaller firm, sources familiar with the matter reported on Friday,…
Oil Shale
China Marks Major Milestone in Exploration With Discovery of Deep Shale Gas Field
China has achieved a key milestone in shale gas exploration with the discovery of a large-scale deep shale gas field in its southwestern region, with proven res…
Oil Field
Changqing Oilfield’s Daily Shale Oil Output Surpasses 10,000 Tonnes
On Wednesday, Changqing Oilfield, China’s largest oil-and-gas field, reported a daily shale oil production of 10,006 tonnes, marking a significant milesto…
Oil Shale
With Output Hikes, OPEC+ Again Targets US Shale Oil
OPEC+, comprising member countries and non-member producers like Russia, has announced plans to increase oil production, aiming to reclaim market share from U.S…
Geothermal Power Project
Renascent Energy Completes Successful Geothermal Test on Depleted Shale Well in Texas
Renascent Energy, based in Houston, Texas, has successfully completed a groundbreaking geothermal test in a depleted shale well at the Eagle Ford shale formatio…
Oil Shale
Shale Drillers Idle U.S. Rigs at Fastest Pace in Almost Two Years
U.S. shale drilling activity slowed significantly this week, marking the steepest decline in nearly two years, as global trade uncertainties weigh on energy dem…
Oil Price
Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank
At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the gam…
Crude Oil
Occidental Petroleum Flags Higher Prices for Oil and Gas Production in Q1
On Wednesday, Occidental Petroleum, a U.S. shale company, reported that prices for its oil and gas production in the first quarter were higher than in the previ…
Natural Gas
Argentina Starts Gas Exports to Brazil Through Bolivia
Argentina successfully exported gas from its Vaca Muerta shale formation to Brazil for the first time, utilizing a network of Bolivian pipelines. This milestone…
Oil Shale
Japan’s Tokyo Gas Expands in US Shale Gas With Chevron Deal
TG Natural Resources LLC (TGNR), a company owned by Tokyo Gas and Castleton Commodities International, recently acquired a 70% stake in Chevron’s east Tex…
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