Supermajor gets to grips with welcome sub-surface surprise in Texas’ Eagle Ford, and weighs up plan to boost US gas ...
Shale drilling’s hot growth turned the U.S ... A win would give Chevron a foothold in a highly desirable oil field. Exxon holds a 45% stake and says it holds the right of first refusal on ...
Instead, shale producers are innovating, using technology and their years of experience in maturing resource fields to achieve production that defies the odds and is surprising oil markets.
China Petroleum & Chemical Corporation (Sinopec) has reported progress in the development of shale oil at its Jiyang pilot project in east China, reported Reuters. The Jiyang project is located in ...
If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...
Global upstream M&A activity is expected to slow down in 2025 following a peak driven by US shale consolidation.
The president says lower prices could solve a range of problems, but finds early resistance in the oil market.
The U.S. leads global energy, dominating in oil, gas, and renewables. Learn how American energy dominance is shaping global ...
Kazakhstan has persistently exceeded its output quota of 1.468 million barrels per day (bpd) under the production-curbing deal struck by the Organisation of the Petroleum Exporting Countries and ...
Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.
China's largest oil refiner, on Wednesday. With the addition of these wells, the Fuling gas field now produces over 25 million cubic meters of shale gas daily, enough to meet the energy needs of ...