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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…
Sunday, 10 February 2019 14:46

Size Matters in Shale Industry

Having taken a closer look at the detailed economics of the most recent 1,000 wells drilled in the most popular…
Friday, 01 February 2019 09:02

US Shale Lifts Exxon, Chevron Profits

Exxon Mobil Corp and Chevron Corp, two of the world's largest oil producers, on Friday posted improved quarterly earnings that…
Spending on the offshore service sector will outpace spending on the onshore shale sector this year, said Rystad Energy. Graph:…
Friday, 21 December 2018 09:55

US Shale Producers Curb 2019 Spending

U.S. shale producers are slamming the brakes on next year's drilling with crude prices off 40 percent and mounting fears…
Saudi Arabia’s energy minister, Khalid al-Falih, must play a bad hand of cards as well as he can at next…
Wednesday, 21 November 2018 17:48

Gazprom to Review Shale Gas and LNG Sectors

Russian energy giant Gazprom revealed that there is still a high level of uncertainty in the long-term forecasts for U.S.…
Wednesday, 14 November 2018 06:26

Changing Shale Field to Boost Gas Output

China's Changning shale gas field in southwestern Sichuan province will more than double its output during the winter heating season…
Canadian oil and gas producer Encana has signed a deal to acquire all of the outstanding shares of common stock…