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Oil shale
Oil Shale
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 Shale
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 Shale
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 Shale
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 Shale
Blackstone Shale Oil Venture Gavilan Resources Files for Bankruptcy
Blackstone Group’s Gavilan Resources LLC filed for Chapter 11 bankruptcy late on Friday.
Oil Shale
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 Shale
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 Shale
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.
Oil Shale
Exxon, Chevron Slam Brakes on Shale as Oil Demand Tumbles
Exxon Mobil Corp and Chevron Corp are slamming the brakes on U.S. shale oil production at a time when crude prices and fuel demand have plunged due to global …
Oil Shale
The Shale Suffering Has Only Just Begun
A few weeks before the summer driving season begins, U.S. gasoline consumption has plummeted to levels last seen in the late 1960s, due to the lockdowns to cont…
Oil Shale
Nagpur: Petrol, Diesel Sale Just 10-15% of Earlier Level
The sale of petrol and diesel is now just 10-15 per cent of normal levels in the city proving the lockdown has been effective to a great extent. However.
Oil Shale
U.S. Shale Production To Drop By Record Amount In April
The EIA expects U.S. shale oil production to drop next month to 8.526 million barrels per day in the seven most prolific shale basins in the United States, acco…
Oil Shale
Coronacrisis Is Killing Argentina’s Shale Oil Boom
Argentina’s Vaca Muerta shale is on life support just weeks after the meltdown in global crude oil prices.
Oil Shale
Is U.S. Energy Dominance Coming To An End?
America’s era of “energy dominance” was brief.
Oil Shale
The Dream Of U.S. Energy Independence Is Dying Along With The Shale Revolution
It was a revolution; a game-changer.
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