U.S. natural gas production from shale and tight formations, which accounts for 79% of dry natural gas production, decreased slightly in the first nine months of 2024 compared with the same period in ...
By Chen Aizhu SINGAPORE, June 17 (Reuters) - China is expanding gas drilling into deeper, more ancient shale formations in the Sichuan basin that could potentially lift domestic output of the ...
Shale gas has become a cornerstone of the global energy transition, supplying large amounts of natural gas through horizontal drilling and hydraulic fracturing. But a new scientific review warns that ...
Ever since the shale-drilling boom was sparked by a Texas well a quarter-century ago, the volume of natural-gas extracted from so-called tight rock formations in the U.S. has only risen. The growth ...
LITTLETON, Colorado, April 1 (Reuters) - Natural gas touches almost every corner of the U.S. economy, fuelling power plants, homes, factories and the booming LNG export sector. But the supply needed ...
Despite a decline in oil prices and investor concerns, the upstream shale oil and gas sector is generating adequate free cash and presenting long-term investment opportunities at current prices.
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Chevron's new technology licensing deal to boost shale oil recovery
Chevron Corporation CVX is taking a strategic step to unlock greater value from existing oil fields by licensing one of its proprietary enhanced oil recovery technologies to ZL Chemicals. The ...
Incoming President Donald Trump and his team have suggested that by expanding drilling, oil production might rise by 3 million barrels/day (mb/d), bringing down prices and thus U.S. inflation. This is ...
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