Exclusive-BP explores forming joint ventures to boost US shale -sources
By Ron Bousso and David French LONDON/NEW YORK (Reuters) – BP is seeking to form joint ventures around its U.S. onshore natural gas fields to expand production and cut costs…
By Ron Bousso and David French LONDON/NEW YORK (Reuters) – BP is seeking to form joint ventures around its U.S. onshore natural gas fields to expand production and cut costs…
By Arathy Somasekhar HOUSTON (Reuters) – Top U.S. shale oil producers are raising output by pulling more from each well but lack the level of activity to add significant new…
By Stephanie Kelly NEW YORK (Reuters) – U.S. oil producers were much more active last year in the prolific Permian Basin than the Energy Information Administration previously thought, the agency…
By Arathy Somasekhar HOUSTON (Reuters) – Oil pipelines from the top U.S. shale field to Houston that have run half empty are filling again as rising output has absorbed most…
US Shale Boss Says Industry’s Golden Age Is ‘Over’ Jack McEvoy on January 16, 2023 The head of the largest U.S. shale oil producer said that his industry, which saw…
(Reuters) – U.S. energy envoy Amos Hochstein described the refusal of the country’s shale investors to ramp up drilling as “un-American” in an interview with the Financial Times on Sunday.…
(Reuters) – Shale oil and gas producer EOG Resources Inc paid $847 million during the third quarter to settle wrong-way bets on energy prices, the company said in a regulatory…
By Liz Hampton (Reuters) – Natural gas a few years ago was so unwanted that U.S. shale oil producers sold it at cost just to pump more oil. Today, prices…
By Liz Hampton and Arunima Kumar (Reuters) -U.S. shale producers Devon Energy, Diamondback Energy and Coterra Energy on Monday reported sharp increases in profit that beat Wall Street estimates, but…
By Liz Hampton – U.S. shale producers and OPEC, who not long ago were waging a price war, this week found themselves on similar sides as oil prices have surged…
By David French – U.S. shale oil and gas producers Oasis Petroleum Inc and Whiting Petroleum Corp are close to agreeing an all-stock merger that could be announced as soon…
By Liz Hampton – Publicly traded U.S. shale firms are not budging on production restraint vows as oil markets surge amid Russia’s invasion of Ukraine, leaving smaller producers to lead…