OPEC+'s decision to pause output hikes offers a temporary reprieve for the US shale industry, which faces significant challenges if oil prices fall to $50 per barrel.
Big Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s Permian ...
As U.S. shale growth slows, countries like Argentina, China, and Saudi Arabia are emerging as the next frontiers in the ...
US shale oil companies are expected to lay out cautious plans to keep spending and production increases to a minimum in the months ahead when the sector’s third-quarter earnings season kicks off in ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. U.S. crude oil production has overwhelmingly exceeded earlier forecasts and ...
In a dynamic energy landscape, shale gas emerges as a pivotal player, driving significant growth and shaping the future of the global energy market. With a projected value of $104 billion by 2020 and ...
In this article, I start by explaining why I believe that peak shale production growth in the US is an underestimated long-term issue, providing oil with a massive tailwind. Energy investors need to ...
Last week, the chief energy adviser to the Biden administration, Amos Hochstein, blamed institutional investors for the stalled drilling in the U.S. oil and gas industry and called it outrageous and ...
With shale oil production having overwhelmed global demand growth, causing two industry downturns preceding the pandemic, investors were comforted by comments from Pioneer's (NYSE:PXD) CEO in December ...
Japanese energy firm JERA buys Haynesville Shale gas properties for $1.5B, aiming to double production and expand LNG supply.
Many U.S. oil companies started pausing production in April as the global pandemic decimated demand for gasoline, diesel and jet fuel. In May, at the peak of the production cuts, 25 public oil ...
Argentina's crude oil production climbed to its highest monthly level in over a decade in January, including record output from the country's prolific shale fields, the energy ministry said on Monday.