Sinopec's Jiyang shale oil base in Shandong Province produces 2 million tons of crude oil. Photo: China Media Group. A major ...

U.S. shale oil drillers have responded rapidly to the surge in crude prices since the start of the Iran war by ramping up production, but output gains are likely to be far more constrained than in the ...

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.

U.S. shale drillers likely will increase oil production, overcoming their longtime caution in making such a move thanks to the 68% surge in crude prices since the U.S. and Israel launched attacks on ...

U.S. shale drillers can't increase production quickly enough to offset oil supply disruptions caused by the U.S.-Israel-Iran conflict, industry experts told the Financial Times. Shale producers would ...

A major shale oil production zone in China’s Junggar basin has recorded an annual output of more than 1.7 million tonnes, or about 12.46 million barrels, marking a breakthrough in the country’s shale ...

In a BMI report sent to Rigzone by the Fitch Group recently, analysts at BMI, a Fitch Solutions company, said China's outlook for shale oil production is improving. Image by zhengzaishuru via iStock ...

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 ...

Oil producers across the Americas have responded to the disruption in the Gulf by increasing output and exports.