The Japanese trading house agreed to acquire Aethon’s shale gas assets for $5.2 billion, its biggest acquisition ever.

OPEC+ is considering a July production increase to pressure U.S. shale producers and regain market share, echoing tactics from the 2014 oil price war. U.S. shale remains vulnerable due to high ...

ConocoPhillips CEO Ryan Lance stated that U.S. shale production will stagnate in the low $60s and decline in the $50s unless oil prices rebound or new technologies emerge. Breakeven levels remain ...

Nigeria’s gas export to China is expected to crash this year following China’s ambitious groundbreaking project in boosting ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

A major shale oil production zone in China’s Junggar basin has recorded an annual output of more than 1.7 million tonnes, or about 12.46 million barrels, marking a breakthrough in the country’s shale ...

Argentina has overtaken Colombia as South America's fourth-largest oil producer, driven by rapid shale development in the Vaca Muerta and led by state-controlled YPF.

Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact ...