The transaction is expected to close in the second half of 2026, the companies say.

Shale wells decline fast, forcing constant drilling—the “Red Queen” effect—with many losing 70–90% of output in three years. The IEA says global fields are depleting faster than thought, so most ...

Developing shale basins include the Vaca Muerta in Argentina and the Diyarbakir basin in Turkiye.

U.S. shale production could fall by as much as 400,000 barrels of oil per day in 2026 if OPEC countries try to increase ...

We are excited to unveil the newest edition of our exhaustive market research report “Oil Shale Market,” crafted by Report Ocean, a leading provider of industry insights. This report offers a plethora ...

HARBIN, China, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Daqing Oilfield, one of China's largest energy production bases, announced on Friday that its Gulong shale oil block in northeast China has surpassed ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

OPEC+ just agreed to boost oil production for another month. Luckily for U.S. shale, they also decided to pause the hikes, which would help the shale industry dodge the bullet of WTI of $50. This is ...

The internet is filled with claims that oil is undervalued compared to, for example, gold prices, the stock market, historical levels and so forth, even as the President calls for prices to fall ...

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion. According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil ...