As Permian growth slows, Canada’s Montney Formation is emerging as North America’s top shale play. Montney’s key advantages ...

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers. Breakeven prices are critical for oil companies' profitability, with ...

EOG Resources (NYSE:EOG) said Friday it was awarded a new onshore oil exploration concession for Unconventional Onshore Block ...

The UCO3 concession area is 3,609 sq km, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi.

In a move reminiscent of the disastrous price war of 2015-2016 (see OPEC’s Trillion Dollar Miscalculation), the kingdom has decided to boost oil production ... U.S. shale companies—flush ...

having cut its US shale forecast by 40,000 bpd for 2025 and 190,000 bpd for 2026. In its own monthly oil report on Wednesday, the Organisation of Petroleum Exporting Countries (OPEC) trimmed its ...

University of Wyoming researchers have published a critical review of the relationship among pore architecture, geomechanics ...

Energy economist Anas Alhajji cuts through the noise to explain what’s really driving oil, gas, and energy markets - and what ...

they need an oil price of around $63 a barrel to cover their production costs, overheads, debt interest and dividends. On May 5th Diamondback Energy, one big shale firm, said that it was slashing ...

America’s oil ... US production fell. The only other time was during the Covid-19 crash, when the world economy ground to a halt and oil prices briefly dropped below zero. “The US shale ...

which has parlayed the shale oil revolution into a nearly two-decade boom to become the world’s biggest producer and a top-five exporter. U.S. oil production last year hit a record high of 13.4 ...

China Petroleum & Chemical Corporation (Sinopec) has revealed that the Tiebei 1HF well at its Project Deep Earth – Sichuan ...