Despite a decline in oil prices and investor concerns, the upstream shale oil and gas sector is generating adequate free cash and presenting long-term investment opportunities at current prices.
Still, shale oil output could double to 120 million barrels annually, or 8% of China's total by 2035, Rystad forecasts, as ...
Natural depletion in shale reservoirs is signaling the end of rapid growth. Despite advancements like AI driving cost reductions and improving well output, there are physical and technological limits ...
Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.
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Shale producers stay on the sidelines as oil crisis deepens
Despite higher prices, U.S. shale producers are not rushing to increase drilling, prioritizing capital discipline and assuming the disruption may be temporary.
US shale oil output hasn’t peaked and can expand, but not if prices are near $50 a barrel, according to the chief executive officer of oil giant ConocoPhillips. Shale executives are keeping a close ...
Crude futures rose Friday with help of a recovery in U.S. stocks, ending a week of ups and downs inflicted by exchanges over tariffs between the U.S. and Canada, and between the U.S. and European ...
Sinopec, the Chinese oil company, will increase shale oil production in the Bohai Bay basin following a successful pilot. The ...
Oil prices have come under pressure amid lower global demand, mouting uncertainty over tariffs, and greater supply on the market from both OPEC and non-OPEC countries. Commodities analysts estimate ...
Chinese oil firm Sinopec will step up shale oil development in the Bohai Bay basin after a ​successful pilot project, using ...
Because of shale gas, the U.S. saves about $250 million per day compared to Asia and Europe during the Iran war.
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