Encouraged by successful and economical extraction of Canada’s oil sands, several major oil companies are considering similar ventures to extract oil from large oil shale deposits in Colorado, Utah, ...

Experts from a U.S. government science agency are heading to Uzbekistan to hunt for shale oil and gas reserves. The exploration mission will take place under an existing $2.3 million cooperation ...

Perth-based explorer Tasman Resources is set to undertake further analysis of an oil shale prospect in the remote deserts of South Australia that mirrors deposits such as Nunavut in Canada. The ...

Estonian company Enefit is giving up its federal oil shale leases in eastern Utah, signaling once again that Utah shale may never overcome the obstacles to becoming a commercial source of energy.

BOSTON – A major defense contractor is selling technology to a large oilfield services company that hopes microwaves will someday become a key tool in unlocking the vast but hard-to-extract oil ...

Saudi Aramco, the world's largest oil exporter, is set to join the shale revolution with plans to start producing unconventional natural gas this month and exploit a deposit that could rival the Eagle ...

The Bakken Shale Formation—a 200,000-square-mile shale deposit below parts of Canada and North Dakota—has supplied billions of barrels of oil and natural gas to North America for 70 years. A new ...

Shale oil, a type of crude oil similar to petroleum, is found between layers of organic-rich shale. It can be refined into petrol, diesel, and other products, making it a sought-after resource. The ...

Another natural gas discovery in north Louisiana could rival the Haynesville Shale, which last year incited a gold-rush style drilling boom when it was revealed that the underground rock layer held ...

BUENOS AIRES, May 22 (Reuters) - Argentina's state oil company YPF (YPFD.BA), opens new tab said on Monday it signed an agreement with Compania General de Combustibles (CGC) to drill the first ...

The first Sayaringo STaGE type LNG carrierMitsubishi Shipbuilding Co., Ltd. (MHIMSB) delivered the first Sayaringo STaGE type liquefied natural gas (LNG) carrier, named Diamond Gas Orchid in June, ...