U.S. refineries can process shale oil, but economics—not capability—drive imports and exports. Here’s why the system works ...
Watford City, North Dakota, Oil production in the Bakken shale formation near the Missouri River. (Photo by: Jim West/UCG/Universal Images Group via Getty Images) eaking of shale oil production and ...
After initially saying markets had “plenty of oil,” Fatih Birol proposed a record emergency oil stock release as tanker traffic through the Strait of Hormuz effectively froze following the war.
Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. At best, American drillers siphon away 15% to 10% of what’s potentially available; the ...
Enverus warns U.S. shale is entering a new era of higher costs. Breakevens may rise from ~$70 to as much as $95 per barrel by the mid-2030s as core inventory depletes. Permian shale growth slows while ...
President Donald Trump's push for lower oil prices, higher tariffs and the resulting policy uncertainty are hurting investment, shale executives said. Nearly 80% of oil companies surveyed by the ...
Cyclic carbon dioxide injection, also known as "CO2 huff-n-puff," is a multi-phase process in which CO2 is pumped into a reservoir to enhance oil production from naturally occurring rock formations.
Kimmeridge activist investment firm eyes Canadian producers and new LNG projects.
U.S. shale oil production will flatten out if prices remain at current levels and will start to decline if prices languish in the $50s per barrel, ConocoPhillips (COP) CEO Ryan Lance said Tuesday, ...
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