ConocoPhillips CEO Ryan Lance stated that U.S. shale production will stagnate in the low $60s and decline in the $50s unless oil prices rebound or new technologies emerge. Breakeven levels remain ...

Sinopec's Jiyang shale base hit 2 million tons of cumulative output and posted a 15% production gain as China pushes to reduce its dependence on imported crude.

HAIXI, CHINA - MARCH 28: Aerial view of test platforms for exploiting shale gas in the Qinghai-Tibet Plateau on March 28, 2022 in Haixi Mongolian and Tibetan Autonomous Prefecture, Qinghai Province of ...

COLUMBUS, Ohio (AP) — Updated studies show Ohio’s oil-rich shale deposits may extend further west than earlier believed. Revised maps produced by the Ohio Department of Natural Resources show ...

Watford City, North Dakota, Oil production in the Bakken shale formation near the Missouri River. (Photo by: Jim West/UCG/Universal Images Group via Getty Images) eaking of shale oil production and ...

The shale-oil revolution that transformed the U.S. into the world’s top oil producer is entering a new phase — one that could see America’s hard-fought lead in energy erode in fewer than five years as ...

Oil prices have come under pressure amid lower global demand, mouting uncertainty over tariffs, and greater supply on the market from both OPEC and non-OPEC countries. Commodities analysts estimate ...

BP Plc is aggressively expanding shale drilling, bucking the conservative approach of many rivals, as the UK oil giant seeks to reverse years of anemic output. The company’s BPX Energy unit plans to ...

The development of "oil shale" (not to be confused with "shale oil") and "tar sands" has been shown to be environmentally destructive, and water and energy intensive. Extracting oil from U.S. public ...

Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. At best, American drillers siphon away 15% to 10% of what’s potentially available; the ...

Cyclic carbon dioxide injection, also known as "CO2 huff-n-puff," is a multi-phase process in which CO2 is pumped into a reservoir to enhance oil production from naturally occurring rock formations.