And what of the shale oil reserves that have propelled the United States to becoming close to energy-independent and threaten to knock Saudi Arabia off its pedestal as the world's top oil producer?
This is the Marcellus shale ... of where the richest reserves lay. This was an important differentiator between America and countries where big, lumbering national oil companies moved more ...
Some experts foresee dire consequences: shortages, price spikes, economic disruption, and a desperate push to wrest oil from "unconventional" sources such as tar sands, oil shale, or coal.
Dan Eberhart is CEO of Canary, LLC. Don’t bet against America’s shale producers. Every oil market analyst should know this by now, but many still can’t resist calling an end to the shale boom.
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 ...
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 ...
Petronas CEO Tan Sri Dato' Shamsul Azhar Abbas and YPF counterpart Miguel Galuccio (L) signed the accord in Kuala Lumpur (Photo file) Argentine government controlled energy company YPF said on ...
Compared with the shale oil reserves in North America, those in Jiyang are buried deeper and have lower maturity, posing a series of challenges to exploration and development, said Yang.
The long-awaited exploration and exploitation of the non-conventional shale gas resources in Pakistan may not remain a distant dream any more, it seems. The Oil & Gas Development Co Ltd (OGDCL ...
Islamabad: A substantial deposit of petroleum and natural gas has been discovered in Pakistan's territorial waters, a cache ...
has an estimated shale oil resource of 10.5 billion tons, of which 1.73 billion tons have been identified as prospective reserves, Sinopec said. Despite the huge resource size, shale oil remains ...