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Indian companies. both public and private. have invested about $5 billion in US shale assets.
Read More »India Receives First-Ever Shipment of US Crude Oil at Paradip Port
US Sanctions Against Iran Would See Grudging International Compliance
If a new deal never materializes. the Trump administration or Congress could reimpose Iranian sanctions immediately.
Read More »Shale Drillers to Lose at Sub-$50 Oil
Over the first eight months of the year. WTI averaged US$49.34 a barrel. while the Henry Hub price per MMBtu of natural gas was US$3.
Read More »Shale Drillers. Oil Sands Producers Need Crude Above $50 bbl for Boom to Last
Producers in the U.S. and Canada have made dramatic efforts to cut costs since the collapse of oil prices three years ago.
Read More »Permian Still Holds 60-70 Billion Barrels
The world’s top shale play. the Permian. has shown remarkable resilience amid the lower-for-longer oil prices.
Read More »Exxon Says It Will Reduce Methane Leaks from Gas Drilling
Shareholders have put pressure on Exxon. the nation'.s largest producer of natural gas. to confront the methane problem.
Read More »Rick Perry Asks Oil Industry to Study Carbon Capture Technology
The former Texas governor said carbon capture and utilization had ``exciting potential`` and asked the industry group to offer policy and R&.D recommendations.
Read More »U.S. Shale Oil Producers Profitable Despite Low Crude Prices
U.S. crude for November delivery stood around $52 per barrel on Tuesday.
Read More »What Happens If Trump Trashes the Iran Nuclear Deal?
Iran currently produces about 3.8 million barrels per day (mb d) and exports about 2.2 mb d. plus 400.000 bpd of condensate.
Read More »Schlumberger to Help IOG with Southern North Sea Development Plans
The letter of intent covers the Blythe Hub and Vulcan Satellites Hub developments in the southern North Sea.
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