Shale
News
March 23, 2022
U.S. shale drillers are incurring record labor and equipment costs so they can cash in on the highest oil prices in 14 years.
News
March 21, 2022
Rockcliff Energy LLC, a private equity-backed natural gas explorer, has been speaking with advisers as it evaluates takeover interest from rival U.S. shale drillers, people with knowledge of the matter said.
News
March 18, 2022
The activist investor that forced a board shakeup at Exxon Mobil Corp. to accelerate a move to clean energy is calling on U.S. shale to produce more.
News
March 17, 2022
Warren Buffett’s Berkshire Hathaway Inc. snapped up 18.1 million additional shares of Occidental Petroleum Corp., giving the conglomerate a 14.6% stake in the oil giant.
News
March 16, 2022
Any company that fails to respond within 60 days “will be presumed to be boycotting energy companies,” according to a statement released on Wednesday.
News
March 14, 2022
Even before Russia’s invasion of Ukraine sent shockwaves through the oil market, U.S. shale producers had been exiting their price hedges for months.
News
March 13, 2022
Shale explorers returned to growth mode this week, adding the most rigs in a month as the Biden administration calls on them to unleash more crude to offset a ban on Russian oil.
News
March 11, 2022
The war in Ukraine has touched off a feud between the White House and U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic.
News
March 10, 2022
Some oil and gas dealmakers are hitting the pause button as prices whipsaw following the ban on Russian oil imports. Companies are concerned about overpaying for assets while focused on cutting debt and rewarding shareholders.
News
March 10, 2022
Exxon Mobil Corp. is considering a sale of assets in North Dakota’s Bakken shale after being approached by interested parties, according to people with knowledge of the matter.
News
March 09, 2022
The top U.S. energy official openly called on oil and natural gas producers to boost supply amid an energy crisis sparked by Russia’s invasion of Ukraine.
News
March 09, 2022
Oil industry executives are meeting with U.S. officials this week as surging energy prices and mounting national security concerns bring together two groups that have had a distant relationship since Biden’s inauguration.
News
March 08, 2022
President Joe Biden’s ban on Russian oil imports puts new pressure on U.S. drillers to help fill a supply shortfall that has sent crude prices to the highest levels since 2008.
News
March 08, 2022
The world’s energy markets can’t rely on major growth in the Permian Basin U.S. shale patch to ease oil prices, according to Occidental Petroleum Corp. Chief Executive Officer Vicki Hollub.
News
March 07, 2022
In the Western Permian Basin, the Railroad Commission began implementation of a first of its kind operator-led response plan that addresses injection-induced seismicity to help keep residents and the environment safe.
News
March 04, 2022
The chorus is growing from America’s oil executives for President Joe Biden to throw the federal government’s weight behind an industry he once deliberately shunned: U.S. shale.
News
February 25, 2022
Inflation and brisk competition for the most-sophisticated drilling gear will hinder U.S. oil-supply expansion this year, according to shale giant EOG Resources Inc.
News
February 18, 2022
Even as crude prices hurtle toward $100 a barrel, U.S. oil output won’t be able to reach its pre-pandemic high until later next year as inflation and production logjams present obstacles to the industry’s recovery.
News
February 18, 2022
The timing couldn’t be worse for consumers, but the message from shale country is loud and clear: the independents won’t repeat the mistakes of the past by flooding the world with cheap oil.
News
February 16, 2022
ConocoPhillips is supplying a Bitcoin mining project with natural gas from the Bakken shale of North Dakota in a first for a major U.S. producer.
News
February 09, 2022
New York’s $280 billion state pension fund will divest more than $238 million in shares and bonds of oil and gas companies.
