Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact oil market profitability.

The Vaca Muerta shale play in southern Argentina continues delivering strong production growth. In a mere decade, shale oil and gas production have regularly soared to all-time highs, boosting ...

Shale wells decline fast, forcing constant drilling—the “Red Queen” effect—with many losing 70–90% of output in three years. The IEA says global fields are depleting faster than thought, so most ...

Fully restoring Venezuelan production will take years, but some can be restored through maintenance, which would be low-cost and low-risk.

Shale’s next frontier is boosting recovery rates, as productivity declines across major basins and drilling efficiency gains plateau. Producers like Exxon and Chevron are turning to AI, longer ...

CALGARY, Alberta, May 29 (Reuters) - Crude production from Alberta's oil sands is forecast to nearly double to 4.1 million barrels per day by 2023, the Alberta Energy Regulator (AER) said on Thursday.

LONDON, Dec 2 (Reuters) - Changes OPEC+ is making to its oil production quota system will likely spark a wave of upstream investments among members, particularly in low-cost Gulf producers, ...

Renewable and conventional energy are once again coming together in Kern County as a startup based in Alameda uses a “heat battery” to produce steam for enhanced oil production near Taft. Rondo Energy ...