Argentina's Vaca Muerta shale formation is driving significant oil production growth, positioning the country as a top South ...

Sinopec Corp said on Monday the Chinese government has certified about 180 million metric tons, or about 1.3 billion barrels, ...

CALGARY – Oil and gas producers Whitecap Resources Inc. and Veren Inc. are joining forces in a $15-billion deal to create the ...

Sinopec has certified 1.3 billion barrels of new shale oil reserves in eastern China, despite the challenges of deep ...

Argentina's YPF reported a 15% rise in adjusted earnings to $4.65 billion, driven by high local fuel prices, boosted exports, ...

Meanwhile, Occidental has run four pilot tests in the Midland basin using carbon dioxide for enhanced recovery. The early ...

The ministry’s assessment found that the shale oil is hosted in Paleogene deep-lake organic-rich shale formations, characterised by high thickness, extensive distribution and substantial depth.

Sinopec, China's largest oil refiner, on Monday announced the discovery of two major shale oilfields in the east of the ...

S&P Global Commodity Insights estimates that the average break-even price for US shale producers this year is $45 per barrel ...

Hamm’s Continental Resources, in a joint venture with US-based TransAtlantic Petroleum and Turkish Petroleum, plans to explore and extract resources in the Diyarbakir Basin and Thrace Basin, which are ...

Oil and gas producers Whitecap Resources Inc. and Veren Inc. are joining forces in a $15-billion deal to create the biggest ...