HOUSTON — A historic crash in crude prices is driving U.S. shale into full-on retreat with operators halting new drilling…
Browsing: shale oil
News wires — Already hard-pressed North American oil producers were contemplating a new round of spending and drilling cuts on…
News wire — Banks have begun trimming back the credit lines of America’s shale producers, further undercutting a beleaguered industry…
*Drone attacks on Saudi Aramco will severely disrupt NGL and petrochemicals supply – much more than oil. The impact…
China National Petroleum Corp (CNPC) started to drill its first shale oil well in the southwestern province of Sichuan, the company said in a statement
16 February 2019, Houston — Drilling curbs by oil producers in the largest U.S. shale field will continue until transport…
10 January 2019, Corpus Christi, Texas — Booming U.S. oil exports have set off a scramble to build Gulf Coast…
05 December 2018, News Wires — The recent nosedive in crude prices came just as shale producers had started delivering healthy…
27 September 2018, News Wires — The oil and gas fracking boom has lured scores of drillers to the Eagle Ford…
*As Barkindo replies Trump’s OPEC not monopolist cartel tweet OpeOluwani Akintayo 24 September 2018, Sweetcrude, Lagos — The 10th meeting of…