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Shale oil
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…
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 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…
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…
Oil Field
Oilfield With 100 Million Tons of Shale Oil Reserve Certified in E.china
The Shengli Oilfield, under China Petrochemical Corp (Sinopec Group), the country's largest oil refiner, said its Jiyang shale gas oilfield has officially p…
Oil Shale
CERAWEEK Turkey to Develop Its Shale Fields With US Producer Continental Resources
Turkish national oil company TPAO has signed a joint venture agreement with U.S. oil producer Continental Resources to develop shale fields in the country&rsquo…
Oil Shale
Diamondback Nears Permian Deal to Buy Shale Producer Double Eagle
The transaction could be valued at more than $5 billion, the Wall Street Journal reported Friday, citing unnamed sources.Diamondback Energy Inc. is closing in o…
Oil Shale
Iran Pioneers Shale Oil Extraction Technology to Achieve Energy Independence
In a groundbreaking achievement, Iranian researchers have developed innovative technology to extract shale oil from reservoirs. This is reported by Mehr News Ag…
Crude Oil
China's Major Shale Oil Base Achieves Annual Output Of Over 1 Million Tonnes
The output of China's first national-level shale oil demonstration zone, located in Xinjiang Uygur Autonomous Region, has exceeded 1 million tonnes so far t…
Crude Oil
US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub
The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the…
LNG
Sinopec Says East China Shale Oil Field Pumping at 1,600 Tons a Day
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British ColumbiaSinopec (600028…
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