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 ...
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 ...
In the process of conventional oil and gas exploration in the past, organic shale is usually regarded as the source rock, but its role as the reservoir is ignored. It is generally believed that ...
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 ...