1 Although nobody told Mr. Callahan until it was too late, the dark-hued shale rocks found in pockets along the Western Slope were oil shale. Often referred to as the rock that burns, oil shale boasts ...

U.S. Energy Secretary Chris Wright asserts that U.S. shale producers can maintain production even if oil prices fall to $50 ...

Senior Vice President and Director of Research, Federal Reserve Bank of Dallas The "shale revolution" has stimulated tremendous production of oil and natural gas in the United States. The ...

Geologists had long known there was oil and gas in the shale rock. But the petroleum wasn’t worth the effort until companies perfected advances in cracking open the dense formations with high ...

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 ...

Scott Sheffield, the retired shale impresario who built a fortune drilling for Permian Basin oil, has grim advice for former rivals as President Donald Trump pushes for “drill baby drill” to bring ...

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

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

Shale oil mainly refers to liquid hydrocarbons trapped in formations of shale rock that can be extracted for refining. It is ...