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SHALE PRODUCTION
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...- OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
- Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
- Gautam Adani highlights energy & digital security as 'twin foundations' of national powerAdani Group Chairman Gautam Adani said that control over both energy and digital infrastructure will define 21st-century global powers. He ...
- The mineral once mocked as “fool’s gold” may hold the future of energyFool's gold, or pyrite, may hold a new secret. Scientists found lithium within this common mineral. This discovery could change how we sour...
- Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
- April oil demand slump reflects supply squeeze, not price pain: JPMorganGlobal oil demand is falling due to supply shortages, not high prices. This is a forced demand loss. Supply disruptions surged in March and...
- With output hikes, OPEC+ again targets US shale oilOPEC+ is increasing oil output, aiming to regain market share from U.S. shale producers. Previous attempts failed, but rising U.S. shale co...
- Cairn bets on shale, sees 10% drop in India's oil imports at peak outputShale is a type of natural gas trapped in fine-grained sedimentary rocks called shales. Cairn's onshore Rajasthan oilfields - Mangala, Bhag...
- US shale roars back at OPECUS shale's increase is equal to about half of the OPEC cuts and twice that of Russia's cuts.
- Essar to invest up to Rs 1,000 crore by FY18 in West Bengal"We are expecting the government to come up with the notification soon. In anticipation we are readying ourselves to start production as so...
- Private companies will get to explore shale in existing blocksVarious studies have estimated recoverable reserves of shale gas at between 6 trillion cubic feet and 63 trillion cubic feet.
- Top oil companies to push shale exploration, marketingIndian energy firms Reliance Industries, Cairn India & Essar Oil have put shale oil & gas exploration and marketing on their priority list.
- India plans shale gas blocks auction by 2013 endIndia plans to launch its first auction of shale gas block by 2013-end on terms that are likely to be remarkably different from those offer...
- Big role, big profit for states in shale gas policyThe government is finalising a new policy for exploring shale gas that will provide states a share of the profit booty that exploration com...
- ONGC ventures into shale gas explorationONGC said it has ventured into Shale Gas exploration by spudding the first Shale Gas well RNSG-1 in Ichapur village near Durgapur in Burdwa...
- OVL sets sights on US shale gas assetsIndia’s largest energy explorer Oil & Natural Gas’ (ONGC) foreign arm ONGC Videsh is set to acquire shale gas assets in the US.
- OIL in talks with US-based shale gas cos for JVState-run Oil India Limited is likely to form a joint venture with a US-based shale gas company to acquire shale gas assets globally.
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