Searched for
BAKKEN SHALE
Chevron gets go ahead for $53 billion Hess dealChevron secured a crucial ruling in Paris, paving the way for its USD 53 billion acquisition of Hess. This deal grants Chevron access to th...- US explorer ConocoPhillips to buy Marathon Oil in $17 billion dealThe move expands ConocoPhillips' footprint in domestic shale fields from Texas to North Dakota and hands the company reserves as far afield...
- Chevron's game-changing $53 billion deal with Hess Corp: A bold step into Guyana's oil boomChevron Corp has announced a $53 billion all-stock deal to acquire its smaller rival, Hess Corp, in a move that will reshape the energy lan...
- Oil companies bet on $100 a barrel as they rush to sell assetsLarge oil companies are unloading properties from Texas to California, with some using the market rally as a chance to rake in cash for fut...
- US oil pushes ‘clean shale’ as Biden mounts climate attackThe Biden administration has made swift moves to pause sales of oil and gas leases on federal land, cancel the Keystone XL pipeline and exp...
- Crude oil prices slip as US virus spike stokes demand worriesUS West Texas Intermediate (WTI) crude futures fell 12 cents, or 0.30 per cent, to $40.51 a barrel, having fallen to $39.90 earlier in the ...
- Oil prices inch higher on output cut support, but US coronavirus spike caps gainsU.S. West Texas Intermediate (WTI) crude futures climbed 13 cents, or 0.3%, to $40.76 a barrel at 0103 GMT, recouping a 2 cent loss from Mo...
- Oil loses ground as US shale growth undermines cuts Opec, RussiaWest Texas Intermediate for January delivery fell $1.38 to settle at $51.20 a barrel.
- Oil rises, but US drilling drags on pricesBrent futures were up 17 cents at $55.98 a barrel at 0616 GMT, while US West Texas Intermediate crude was up 15 cents at $53.55. Both contr...
- Petrol, diesel prices may jump 5-8% next quarter on Opec cutsA Crisil report said the price of petrol may rise 5-8 per cent and that of diesel by 6-8 per cent over the next 3-4 months following the pr...
- Ferraris to Jaguars purr on US roads with fuel boost from AsiaThe U.S. imported almost 10 times as much of those gasoline components from the Asian oil-trading hub of Singapore in 2015 compared with a ...
- Ballooning debt threatens to collapse shale industryDrillers' debt ballooned to $235 billion at the end of the first quarter, a 16% increase in the past year, even as revenue shrank.
- Indian American businessman sued for offering fraudulent investments in USAn Indian-American businessman has been sued by US federal regulators for offering fraudulent oil & gas investments in a petroleum joint ve...
- Oil retreats off 2015 highs; here's why recent spike in prices is unlikely to sustainThe two crude global benchmarks rose between 20 and 25 per cent in April, helped by a weaker dollar and bets that a supply glut would ease.
- Hi-tech, Big Data offer hope to battered US oil industryThe tech geeks are coming to the oil industry's rescue.
- With OPEC keeping output steady, oil may trade at $40: Goldman SachsExcess storage and tanker capacity suggests the market can run a surplus far longer than it has in the past, said Goldman analysts.
- $50 oil is already herePrices touched $49.69, nearly 30% cheaper than the roughly $70 Brent crude is currently trading in the global market.
- Crude oil prices could drip below $40 a barrelOil has dropped 38% this year and, in theory, production can continue to flow until prices fall below the day-to-day costs at existing well...
- US witnessing biggest oil boom in 40 yearsProduction fell by about 40 per cent during this period, from 9.5 million barrels per day in 1971 to 5.6 million barrels per day in 2011.
- US needs oil sands as surge from shale bonanza seen overdoneUS will continue to need crude from Canada's oil sands because rising production from its shale formations is too expensive.
Load More
