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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 ...
Early in my career as an oil and gas geologist, I partnered with another geologist, Joe Baria, and formed Gibraltar Oil Corporation. Several years passed and we were doing OK, then a well came up that ...
Kia has revealed full details of the new Kia EV3, the company’s dedicated compact EV SUV. With its combination of bold design ...
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 ...
A record consolidation wave has been sweeping through the U.S. shale industry. A post-COVID surge in oil prices flooded the sector with cash, and buyers have been seeking to lock up the best ...
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 ...
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 U.S. shale revolution is over and large gains in production from now on are unlikely. The verdict comes from the chief executive of Quantum Energy Partners, Wil VanLoh, who suggested that ...