Shale Oil https://aogdigital.com/rss Shale Oil en-US Fri, 02 Feb 2024 11:15:02 -0500 https://aogdigital.com/news/511272-exxons-36-billion-profit-beats-estimates Exxon's $36 Billion Profit Beats Estimates Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas production.Oil majors are expected… Fri, 02 Feb 2024 16:15:02 Z https://aogdigital.com/news/511272-exxons-36-billion-profit-beats-estimates https://aogdigital.com/news/508583-rystad-says-oil-demand-is-peaking-predicts-60-a-barrel-by-2027 Rystad Says Oil Demand is Peaking. Predicts $60 a Barrel by 2027 Global crude oil prices could drop to about $60 per barrel by 2027 as demand growth slows, say oil analysts at Rystad Energy, chopping a third off next year's peak price as demand tumbles… Fri, 06 Oct 2023 12:23:18 Z https://aogdigital.com/news/508583-rystad-says-oil-demand-is-peaking-predicts-60-a-barrel-by-2027 https://aogdigital.com/news/500776-bahrain-announces-two-new-gas-discoveries Bahrain Announces Two New Gas Discoveries Bahrain has announced two natural gas discoveries in the Al-Joubah and Al-Jawf reservoirs, state news agency BNA said on Tuesday. Nasser bin Hamad Al Khalifa, chairman… Tue, 08 Nov 2022 14:01:41 Z https://aogdigital.com/news/500776-bahrain-announces-two-new-gas-discoveries https://aogdigital.com/news/500771-japans-inpex-lifts-profit-forecast-on-higher-energy-prices Japan's Inpex Lifts Profit Forecast on Higher Energy Prices Japan's biggest oil and gas explorer, Inpex Corp, lifted its full-year profit forecast by 14% to a record 400 billion yen ($2.7 billion) thanks to higher-than-expected… Tue, 08 Nov 2022 11:09:19 Z https://aogdigital.com/news/500771-japans-inpex-lifts-profit-forecast-on-higher-energy-prices https://aogdigital.com/news/498399-cnooc-finds-shale-oil-in-south-china-sea-exploration-well CNOOC Finds Shale Oil in South China Sea Exploration Well China's CNOOC Ltd has tapped commercial flows of oil and gas from a shale exploration well in the South China Sea, marking the first successfully drilled shale oil well offshore China… Fri, 29 Jul 2022 17:11:48 Z https://aogdigital.com/news/498399-cnooc-finds-shale-oil-in-south-china-sea-exploration-well https://aogdigital.com/news/493388-offshore-oilfield-cluster-bohai-becomes-chinas-largest-oil-producer Offshore Oilfield Cluster Bohai Becomes China's Largest Oil Producer China's offshore oilfield cluster Bohai, run by state-run CNOOC Ltd, has become the country's largest crude oil producer with output hitting 30.132 million tonnes (602… Tue, 11 Jan 2022 14:28:15 Z https://aogdigital.com/news/493388-offshore-oilfield-cluster-bohai-becomes-chinas-largest-oil-producer https://aogdigital.com/news/493311-shell-greenlights-7b-shares-buyback-at-pace-despite-lng-woes Shell Greenlights $7B Shares Buyback 'At Pace' Despite LNG Woes Royal Dutch Shell said it will pursue 'at pace' a $7 billion share buyback largely funded from the sale of its U.S. shale business as it faces liquefied natural… Fri, 07 Jan 2022 11:33:30 Z https://aogdigital.com/news/493311-shell-greenlights-7b-shares-buyback-at-pace-despite-lng-woes https://aogdigital.com/news/491767-chinas-sinopec-finds-shale-oil-at-shengli-field China's Sinopec Finds Shale Oil at Shengli Field A unit of state-run oil Chinese and gas major Sinopec Corp has found an initial 458 million tonnes (3.34 billion barrels) of geological shale oil reserves at its Shengli field… Tue, 02 Nov 2021 14:06:16 Z https://aogdigital.com/news/491767-chinas-sinopec-finds-shale-oil-at-shengli-field https://aogdigital.com/news/489236-opec-expects-global-oil-demand-to-reach-prepandemic-level-in-2022 OPEC: Expects Global Oil Demand to Reach Pre-pandemic Level in 2022 OPEC forecast on Thursday that world oil demand would rise in 2022 to reach a level similar to before the pandemic, led by growth in the United States, China, and India… Fri, 16 Jul 2021 13:16:29 Z https://aogdigital.com/news/489236-opec-expects-global-oil-demand-to-reach-prepandemic-level-in-2022 https://aogdigital.com/news/484460-third-of-oil-and-gas-workers-faced-pay-cut-in-2020 Third of Oil and Gas Workers Faced Pay Cut in 2020 Almost one in three workers in the oil and gas industry faced pay cuts in 2020, a worldwide survey showed on Tuesday, as the coronavirus crisis drove down fuel demand and prices… Tue, 12 Jan 2021 13:44:41 Z https://aogdigital.com/news/484460-third-of-oil-and-gas-workers-faced-pay-cut-in-2020 https://aogdigital.com/news/479451-rystad-covid19-brings-peak-oil-date-closer Rystad: Covid-19 Brings Peak Oil Date Closer The Covid-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result, reducing the world’s recoverable oil by around 282 billion barrels… Thu, 18 Jun 2020 09:26:43 Z https://aogdigital.com/news/479451-rystad-covid19-brings-peak-oil-date-closer https://aogdigital.com/news/479192-saudi-oil-price-hike-throws-asian-lifeline-to-us-shale Saudi Oil Price Hike Throws Asian Lifeline to U.S. Shale Saudi Arabia's decision to jack up the price of its July exports to Asia may have opened the door for U.S. crude oil producers to boost sales to the region that… Tue, 09 Jun 2020 14:34:35 Z https://aogdigital.com/news/479192-saudi-oil-price-hike-throws-asian-lifeline-to-us-shale https://aogdigital.com/news/478177-coronavirus-pushes-oil-majors-to-biggest-output-cuts-in-17-years Coronavirus Pushes Oil Majors to Biggest Output Cuts in 17 years Oil and gas output from some of the world's top oil companies is set to drop by nearly 11% in the second quarter of 2020 to levels not seen in at least 17 years… Tue, 05 May 2020 06:31:22 Z https://aogdigital.com/news/478177-coronavirus-pushes-oil-majors-to-biggest-output-cuts-in-17-years https://aogdigital.com/news/477268-opec-debates-biggest-ever-oil-output-cut-as-virus-destroys-demand OPEC+ Debates Biggest Ever Oil Output Cut as Virus Destroys Demand OPEC and allies are working on a deal for an unprecedented production cut equivalent to around 10% of global supply, an OPEC source said after U.S. President Donald… Fri, 03 Apr 2020 11:14:00 Z https://aogdigital.com/news/477268-opec-debates-biggest-ever-oil-output-cut-as-virus-destroys-demand https://aogdigital.com/news/476995-brent-crude-drops-to-2635-outlook-bleak Brent Crude Drops to $26.35. Outlook Bleak Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand and overshadowed expectations that a U… Thu, 26 Mar 2020 10:04:49 Z https://aogdigital.com/news/476995-brent-crude-drops-to-2635-outlook-bleak