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Sinopec Corp, China's biggest shale gas operator, said on Monday it plans to develop a new field this year able…
The two biggest U.S. oil companies Chevron and ExxonMobil plan to significantly ramp up production in the US shale heartland…
Friday, 22 March 2019 08:47

US Rig Cuts Continue

U.S. energy firms this week reduced the number of oil rigs operating for a fifth week in a row to…
Wednesday, 20 March 2019 03:42

Oil Majors Rush to Dominate US Shale

In New Mexico's Chihuahuan Desert, Exxon Mobil Corp is building a massive shale oil project that its executives boast will…
Tuesday, 12 March 2019 20:49

Large Oil Firms Invest in Shale

Oil majors are readying themselves for the energy transition by investing in shale and waiting for renewable technology to be…
Monday, 11 March 2019 16:40

US to Lead Oil Supply Growth to 2024

The United States is set to drive the global oil supply growth over the next 5 years, thanks to the…
Sunday, 03 March 2019 17:06

US Shale Firms Cut CapEx, Up Production

U.S. shale energy companies are cutting their spending levels in 2019, but they're still planning on increased oil and gas…
Thursday, 28 February 2019 02:35

CNPC to Develop New Shale Oilfield

China's state-owned CNPC has started developing a new offshore shale oilfield near the Bohai Rim Basin, the company said via…
Exxon Mobil Corp and Microsoft Corp have agreed to use cloud technology in the U.S. oil producer's shale operations, they…
Wednesday, 20 February 2019 02:33

Oil Dips After Record U.S. Shale Forecast

U.S. sanctions on Iran, Venezuela tighten markets, but soaring U.S. shale output offsets some of the disruption. file Image: AdobeStock…
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