HOUSTON — Chevron plans as much as $80 billion in dividends and share buybacks over the next five years, boosting…
Browsing: Shale production
05 April 2018, Doha — OPEC and its allies should maintain oil supply curbs to guarantee healthy price levels which…
*U.S. shale won’t be ‘huge distorter’ for oil market: Mazrouei *Stronger demand, compliance with oil cuts seen to buoy prices…
24 April 2017, London — It was all so simple. By lifting restraints on output, Saudi Arabia would stop subsidising…
17 February 2017, New York — Demand for frac sand has surged in recent weeks as U.S. producers rush back…
Nigeria did not export a single barrel of crude to US-based refiners in July 2014 for the first time since records started in 1973. Preliminary data suggest the trend continued in August and September. However, at its peak in February 2006, the US imported 1.3million barrels per day from Nigeria.
23 February 2016, London — Oil production in the United States will reach a record high by 2021 as efficiency…