This is the Marcellus shale, a family of rocks rich in fossil fuels. For Mr Wyman, owner of a local crane company, it is a site of deep reverence. “You only ever see bits and pieces of the ...
More consolidation in the US shale sector is needed to cope with soaring costs to identify and exploit untapped oil reserves, according to Kimmeridge Energy Management Co. So-called finding and ...
The US shale oil industry's shift towards prioritizing profitability and shareholder returns reduces its vulnerability to political influence. Market factors, such as oil prices and investor ...
China Petroleum Chemical Corporation HKG 0386 Sinopec has released the group significant achievements in promoting high-quality development and supporting China modernization process for the very firs ...
SINGAPORE, Oct 16 (Reuters) - Sinopec (600028.SS), opens new tab is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600 metric tons per day now, up from 100 ...
China’s Sinopec has boosted oil production at a shale field from 100 tons per day in 2021 to 1,600 tons per day this year, the company said, as quoted by Reuters. One metric ton of crude oil is ...