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SHALE OIL 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 ...
- 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...
- So what is the real oil price right now?The Iran crisis highlights the complex reality of oil pricing, differentiating between physical and financial markets. While financial mark...
- How to make drilling for oil woke againA decade after backing “all-of-the-above” energy, the political left swung hard against fossil fuels, framing oil drilling as incompatible ...
- 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...
- Definition change may let private exploration companies exploit shaleIndia unveiled a policy for exploitation of shale reserves by state-owned Oil & Natural Gas Corp. and Oil India in 2013, but rules for priv...
- Expect great volatility in oil prices in 2017: Fatih BirolIn 2017, as oil prices are increasing again, we expect increasing shale oil production to cap the prices again, says the Executive Director...
- Face-off between US shale and Saudi Arabia will benefit IndiaIt was widely believed that Saudis wanted to drive the American shale oil producers out of the market and were trying to make them bleed.
- Oil India bets big on shale assets, to raise US outputIndia’s second-largest state-run energy explorer Oil India is now betting big on its prospects in the shale oil and gas arena.
- As government readies shale policy, companies like RIL, Cairn, Essar bet on shale gas explorationCompanies like RIL, Cairn India and Essar Oil are preparing plans to kick-start the hunt for other sources of natural gas in the energy-hun...
- 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...
- 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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