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current energy companies are working to create a process and product that can be marketed and sold for years to follow while sustaining the environment where they work. Today it looks as though ...
“That $50 oil is not going to work” Earlier this week, U.S. Secretary of Energy Chris Wright told the Financial Times that shale producers could increase production even if oil prices fell to ...
Shale-oil companies are taking some of the harder lumps on Wall Street as crude prices tumble and President Donald Trump’s ...
Fracking-the high-pressure injection of water, chemicals and sand into shale deposits to release the gas and oil trapped within the rock-in recent years has been combined with horizontal drilling ...
Finally, someone with actual oil & gas experience as the Secretary of Energy. But then, reality hits. In an FT article published last night titled, "Trump’s energy chief says US shale can ‘dri ...
Shengli Oilfield has tackled challenges of high temperature, pressure, and leakage in shale oil development ... but they show their work, distinguish facts from opinions, and make sure their ...
"at $50 a barrel the economics of shale don't work.” Furthermore, Goldman Sachs (NYSE:GS) warned that a proposed 10% U.S. oil tariff could lead to a $10 billion annual loss for foreign producers ...