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The energy industry is moving to a fortress mentality in the face of prolonged lower oil prices, Ben Cahill writes in a guest commentary.
North America's best rock has already been drilled. The next growth stories are unfolding in regions just starting to embrace ...
U.S. shale producers likely will further slow their activity as oil prices seem set to remain below $65/bbl, UBS says, noting ...
Commodities analysts estimate that U.S. crude needs to stay above $65 per barrel to keep shale producers in business.
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GZERO Media on MSNHard Numbers: Zimbabwe's white farmers get compensation, Russia hits firms for helping “West,” shale oil braces for rocky days, Turkish journos face jail over protest ...This week, the government of Zimbabwe announced an initial payout of $3 million to white farmers who were forced off their ...
CVX plans to use triple-frac in more than half of its Permian wells in 2025, reducing costs by 12% and accelerating output to ...
Chevron started using triple-frac in the Permian for the first time last March. Jeff Newhook said in an interview that the company will use triple-frac on 50-60% of its wells this year. This is up ...
U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells ...
China’s energy giants are increasingly pivoting to natural gas to raise production, as demand for oil slows and global trade tensions heighten the risks of relying too heavily on imports. The nation’s ...
Cairn Oil & Gas, a part of the Vedanta Group and India’s largest private oil and gas exploration and production company, has ...
Cairn Oil & Gas, part of Vedanta Group, has signed an agreement to hire a high-performance drilling rig from Parker Wellbore ...
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 ...
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