The object of their attention is oil shale, a rock so rich in an oil-like substance that certain pieces will ignite when held up to a flame. Piceance Creek runs through lands that are part of the ...
If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
Shale drilling’s hot growth turned the U.S. into the world’s largest oil producer over the last decade. Now oil buried beneath the world’s oceans is expected to drive growth. Offshore ...
U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on ...
Oxy’s 1.22 million boepd with 58% oil and the Permian as its prime basin ranked it third on the Enverus list. The rankings also showed that the U.S. shale patch has mastered the art of ...