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Oil Shale
Oil & Gas
ADNOC Delivers First Shale Gas from the UAE
The UAE has delivered its first unconventional gas as it takes a step closer to becoming self-sufficient in the energy feedstock.
Oil & Gas
Argentina to Subsidize Shale Gas Production With $5.1 Billion
Argentina will give subsidies of a total of US$5.1 billion to shale gas drillers in an attempt to revive production in its Vaca Muerta shale play and attract as
Oil & Gas
U.S. Shale Producers Devon Energy , WPX Energy in Merger Talks
U.S. shale producer Devon Energy Corp is in talks to acquire rival WPX Energy Inc in an all-stock transaction that would create a combined company worth around
Oil & Gas
High-Stakes Presidential Race Casts Cloud Over Future of US Shale
There is much at stake for the US shale oil industry in the forthcoming US presidential race. History shows us that the oil and gas industry did not prosper und
Oil & Gas
America:Chesapeake Files for Bankruptcy Protection
Chesapeake Energy, the once-mighty natural gas producer, filed for bankruptcy protection today.
Oil & Gas
30% Of U.S. Shale Drillers Could Go Under
U.S. shale was one of the big losers of the Saudi-Russian price war that many saw as a war on U.S. shale. Producers scrambled to stay afloat as prices sank back
Oil & Gas
EIA Forecasts U.S. Shale Oil Output Decline of 93,000 Barrels a Day in July
Crude-oil production from seven major U.S. shale plays is forecast to decline by 93,000 barrels a day in July to 7.632 million barrels a day.
Oil & Gas
Oil Explorers Revert to Pre-Shale Drilling Level Across U.S.
Oil explorers are drilling at the slowest pace in more than a decade as the pandemic-driven collapse in energy demand wipes out cash flow, jobs and even entire
Oil & Gas
U.S. Oil Output from Major Shale to Drop in June to Nearly Two-Year Low
U.S. crude production from seven major shale formations is expected to fall by a record 197,000 barrels per day in June to 7.822 million bpd, the U.S. Energy In
Oil & Gas
No One Expected U.S. Shale Oil Output Cuts to Happen So Fast
In brokering the end to the global oil-price war last month, the Trump administration assured leaders that America’s shale patch would throttle back production
Oil & Gas
U.S. Shale Could Crush the Oil Market Recovery
As the two petro-nations duked it out, the global oil glut ballooned to a massive oversupply and oil storage deficiency that persists today.
Oil & Gas
Blackstone Shale Oil Venture Gavilan Resources Files for Bankruptcy
Blackstone Group’s Gavilan Resources LLC filed for Chapter 11 bankruptcy late on Friday.
Oil & Gas
U.S. Shale Needs To Slow Down To Survive
Global oil refining production could start rebounding in June, the IEA said on Thursday, but refiners’ margins may be squeezed due to rising crude prices as pr
Oil & Gas
Top US Shale Producer Sees Oil Price Recovery Continuing
Pioneer natural resources, a U.S. shale oil producer, expects prices to return to at least $45 a barrel this year.
Oil & Gas
Shell Sells Appalachia Shale Gas Assets to National Fuel
The consideration is intended to be paid in cash, but National Fuel has the option to provide up to US$150 million of NFG common stock as consideration.
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