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U.S. shale producers likely will further slow their activity as oil prices seem set to remain below $65/bbl, UBS says, noting ...
US shale oil producers are facing their gravest threat in years, as a sudden crude price sell-off triggered by Donald Trump’s trade war has pushed parts of the sector to the brink of failure, ...
Pan American Energy to invest US$250 million in project to exploit shale gas findings in Cerro Dragon field, says Chubut ...
The turmoil has also sparked a sell-off in the shares of shale producers, which face higher costs of production than conventional oil drilling. Occidental Petroleum and Devon Energy lost more than ...