1 Although nobody told Mr. Callahan until it was too late, the dark-hued shale rocks found in pockets along the Western Slope were oil shale. Often referred to as the rock that burns, oil shale boasts ...

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 ...

U.S. Energy Secretary Chris Wright asserts that U.S. shale producers can maintain production even if oil prices fall to $50 ...

Geologists had long known there was oil and gas in the shale rock. But the petroleum wasn’t worth the effort until companies perfected advances in cracking open the dense formations with high ...

Harold Hamm, the billionaire wildcatter and a major donor to President Donald Trump, has challenged a claim from the new US ...

Shale oil mainly refers to liquid hydrocarbons trapped in formations of shale rock that can be extracted for refining. It is often found in organic-rich shale and thin interlayers of carbonate rock, ...

Sinopec Corp said on Monday the Chinese government has certified about 180 million metric tons, or about 1.3 billion barrels, of new geological reserves at two of its shale oil plays.

Scott Sheffield, the retired shale impresario who built a fortune drilling for Permian Basin oil, has grim advice for former rivals as President Donald Trump pushes for “drill baby drill” to bring ...