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 ...

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 ...

From time to time new oil resources come online — like Canadian oil sands or US crude oil from oil shale — these add to the global supply. New sources can exert a downward force on oil prices, even in ...

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 ...

Chart: The Economist The Marcellus is just one of several such rock formations around America, from the oil-rich Bakken shale in Montana and North Dakota to the Permian basin, endowed with both ...

“The US shale revolution has run its course,” VanLoh told Bloomberg in an interview. “Clearly the investors have put oil and gas companies on a very short leash. They’ve required a massive ...

Chevron is selling its stakes in some oil-sands and shale assets to Canadian Natural Resources for $6.5 billion, driving ahead with its effort to refocus its operations and adding to the wave of ...

Shale billionaire Harold Hamm this week accused the Biden administration of leaving the U.S. "unusually vulnerable" to a Middle East oil price shock by draining its Strategic Petroleum Reserve and ...

Chevron has announced the sale of its Athabasca Oil Sands and Duvernay Shale assets to Canadian Natural Resources for $6.5 billion in an all-cash deal. This divestiture is part of Chevron’s plan ...