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Oil & Gas
Shale Operators Stay the Course Despite Oil Price Rally
After spending a year heeding investor calls for prudence, independent US shale producers are in no rush to use windfalls from surging oil prices to ramp up out
Oil & Gas
Asian LNG Traders Snap up U.S. Shale Gas
Asian liquefied natural gas traders are rushing to secure shipments from the U.S., where the fuel is among the cheapest in the world despite what’s turning int
Oil & Gas
Exxon Continues To Shed Shale Assets
ExxonMobil has started marketing gas assets in the Fayetteville Shale in Arkansas, the US supermajor’s spokeswoman Julie King told Reuters on Wednesday.
Oil & Gas
New Mexico’s Permian Output Rises – will a Modest Shale Recovery Follow?
New Mexico’s oil production surged to a record in May highlighting the Permian Basin’s role as the shale industry sees some recovery from the pandemic.
Energy Economy
High Profile Merger Creates A New $17 Billion Shale Giant
Cabot Oil & Gas Corporation and Cimarex Energy announced on Monday another merger in the U.S. shale patch in an all-stock merger of equals that would result in
Oil & Gas
U.S. Shale Oil Output to Climb for First Time in 3 Months in June - EIA
U.S. oil output from seven major shale formations is expected to climb by 26,000 barrels per day in June to 7.73 million bpd, the first rise in three months, th
Oil & Gas
OPEC Crude Output Cuts Should Help U.S. Shale Profits in 2021
U.S. crude oil production has fallen 2 million barrels per day in the last year as low prices and demand forced shale producers to cut their losses
Oil & Gas
China's Sinopec Builds First Phase of New Shale Gas Field in Sichuan
Weirong, located in Neijiang and Zigong cities, is the state energy giant's second major shale gas development after Fuling, which is also located in the same S
Oil & Gas
U.S. Shale Oil Output to Drop 136,000 bpd to 7.44 million bpd in Jan – EIA
U.S. oil output from shale formations is expected to decline by about 136,000 barrels per day in January to 7.44 million bpd, the lowest since June, the U.S. En
Oil & Gas
Global Shale Industry on a Recovery Path After 8.1% Production Decline in 2020, Says GlobalData
Global shale production has taken a drastic hit in 2020, where shale oil is expected to drop by 11.7% year-on-year and shale gas production may see a 4.5% fall,
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.
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