Tag: shale

Occidental CEO warns U.S. liable to shale plateau, shedding power independence

(Bloomberg) – Occidental Petroleum Corp. warned that U.S. power independence is liable to slipping away if shale output plateaus and begins to say no. ...

Petrobras on the hunt for shale fuel offers in Argentina’s prolific Vaca Muerta to extend manufacturing

(Bloomberg) – Brazil’s state-controlled oil and fuel producer Petroleo Brasileiro SA (Petrobras) is trying to find shale fuel offers in Argentina as a part of a much bigger plan to extend provides of...

A number of U.S. shale producers enhance 2024 oil and fuel manufacturing forecasts following sudden Permian success

(Bloomberg) – Some main U.S. shale producers are planning to pump extra oil this 12 months than initially projected, an indication nationwide provide might exceed the modest development expectations many firms had pledged. ...

Shale drilling Ovintiv will increase 2024 oil and fuel manufacturing goal on surprising Permian success

(Bloomberg) – Shale driller Ovintiv Inc. elevated its 2024 manufacturing goal, the second oil and fuel firm to take action this 12 months. ...

Why are futures outlook bleak when shale oil manufacturing is winding down

The newest information is that US oil manufacturing is winding down resulting from depletion of oil within the Permian Basin. (The ostriches who nonetheless suppose we have now oil for 200 years can...

Natural gas from Texas shale fields becoming more coveted than oil

(Bloomberg) — In the hydrocarbon-rich fields of Texas, natural gas was always treated like the dregs that crews had to deal with as they pulled oil out of the ground. The two often...

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