and remains a beneficiary of higher oil prices. North Dakota's fossil fuel industry has grown rapidly since the onset of the shale boom and extraction is now 4 percent of state employment.

Last year, Ecopetrol pulled out of a $3.6 billion deal to buy a stake in Texas shale-oil assets from the US company. --With assistance from Nicolle Yapur. (Adds share move starting in first ...

Structural changes in the US shale industry, including a focus on efficiency gains and consolidation, are making it difficult to rapidly increase production even with deregulation efforts.

US shale producers are focused on capital discipline and shareholder returns, limiting the impact of Trump's pro-oil policies. Increased Permian rig activity is unlikely to significantly boost oil ...

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 ...

The Ministry of Defense plans to build a factory in Estonia, valued at over €100 million, to produce explosives from oil shale. The facility would be partially funded by private investors, but the ...

What, if anything, can we infer from the last eighteen months of oil production and price behavior? What can we learn from the evolution of the post-shale U.S. natural gas market? Some argue that ...

The share of U.S. supply coming from the Permian Basin of Texas and New Mexico, the world's largest shale oil-producing region, is expected to continue to grow and account for more than half of ...

Hydraulic fracturing in shale formations revolutionized the oil industry a little over a decade ago. During that time technology and innovations have continued to improve. Production of oil for ...

The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago. By Rebecca F. Elliott Rebecca F. Elliott spoke ...