Commercialization, Conventional Fuels
January 23, 2020
Via: CNBC energyChevron CEO Michael Wirth told CNBC on Thursday that oil prices may not reach $100 for a “long time” thanks to the boom in U.S. shale production. “Oil markets have really changed over the last decade or so,” Wirth said […]
Commercialization, Conventional Fuels
May 14, 2019
Via: ForbesNow that the battle to acquire Anadarko Petroleum APC +0% has ended, a host of other key industry news items are percolating up to the top of the page. Let’s review the always-fluid Oil And Gas Situation for mid-May, 2019. […]
Chemical, Conventional Fuels, News and Policies, World
April 5, 2019
Via: ForbesIn this booming age of natural gas, high-resourced Canada has seen flat production and demand over the past decade This is a bit surprising since Canada enjoys many of the same advantages that the U.S. shale revolution does (U.S. gas […]
March 11, 2019
Via: CNBC energyThe shale drillers behind booming U.S. oil and natural gas output have survived a bevy of challenges in recent years, from a historic oil price downturn to an effort by OPEC to wash them out of the market with a […]
March 1, 2019
Via: ForbesUp 140% since the shale revolution took flight in 2008, the U.S. has seen a meteoric rise in crude oil production The numbers continue to amaze and surpass all expectations from even the most well-financed banks and modelers. U.S. crude […]
Commercialization, Conventional Fuels, News and Policies, World
February 28, 2019
Via: CNBC energyOil producing group OPEC is responsible for salvaging the entire oil industry with its deal to curb output, OPEC’s secretary general told CNBC, but the U.S. shale revolution has helped to prevent “major, major energy chaos” in the world. “OPEC […]
April 14, 2016
Via: CNBCOil prices fell on Thursday as OPEC warned of slowing demand and Russia hinted that there might only be a loose agreement with little commitments at the upcoming exporter meeting to rein in ballooning oversupply. Meanwhile, Goldman Sachs said that […]