Uruguay state-run oil and gas company ANCAP announced the discovery of source rock which might contain underground shale oil or natural gas deposits. “It could be nothing or it could be the tip ...

The U.S. is already the world’s top oil and natural gas producer and output is expected to continue growing, although at a ...

Drilling in the U.S. shale patch declined at the fastest pace ... crude — a closely followed metric that can point to future oil output — fell by nine to 480 this week, the biggest drop ...

The industry is frustrated over its high level of support for the new administration, which has since caused a severe oil price plunge despite promises of a future where shale drillers could ...

Oil prices are sagging like a tired trampoline, and U.S. shale producers are feeling the bounce—just not in a good way. With WTI dancing around $60 and analysts wringing their hands over ...

North America's best rock has already been drilled. The next growth stories are unfolding in regions just starting to embrace horizontal wells and multi-stage fracs - and the opportunity is massive.

The U.S. upstream oil and gas M&A market is bracing for the most challenging conditions since the COVID-19 pandemic as oil ...

which involves drilling wells and injecting sand and water into them to fracture rock and extract oil and gas, made previously uncommercial fossil fuel deposits held in shale rock profitable in ...