Permian’s production growth—the main driver of the second shale revolution as oil prices crept higher this year—may be limited not by geological or technological constraints, but by a shortage of Continue Reading
Companies like Gazprom Neft are leading Moscow’s drive to replicate the U.S. shale boom at the ‘Red Lenin’ oil field. KRASNOLENINSKOYE OIL FIELD, Russia—This western Siberian oil field is called Continue Reading
Three years after causing an oil-price crash, the shale boom may not be enough to meet rising global demand. (Bloomberg) — Three years after causing an oil-price crash, the shale Continue Reading
The Permian Basin pumped an estimated 815 million barrels of crude this year, beating its previous record of 790 million barrels, achieved back in 1973, IHS Markit reported . The Continue Reading
All eyes are on U.S. shale as we head into 2018, with a growing number of analysts worrying that shale will spoil the oil price rally. Estimates of supply growth Continue Reading
In its first-ever report of its kind, U.S. shale company Pioneer Natural Resources said it wanted to become an oil and gas leader, but in a sustainable way. “Climate change Continue Reading
Oasis Petroleum Inc, the last major oil producer operating exclusively in North Dakota’s Bakken shale formation, is heading south to the nation’s largest oilfield, pursuing a pricey expansion as investors Continue Reading
Brent to average $60, WTI seen at about $55 in 2018: survey Shale growth seen as wild card where analysts’ outlooks differ The direction of oil prices in 2018 will Continue Reading
Saudi Arabia’s energy Minister Khalid al-Falih speaks at an oil-and-gas conference in Basra, Iraq, on Dec. 4. Saudi Arabia is hunting for an energy deal in American shale country, as Continue Reading
When oil prices rocketed toward $60 a barrel this fall, U.S. shale producers hedged more barrels of oil during the quarter than in at least three years, which could help Continue Reading
