However, as the easily accessible oil reservoirs have become more scarce, energy companies have focused increasing attention on these “unconventional” deposits. Shale gas, which is often found with ...

Repsol claims to have discovered the rich shale deposits. Vaca Muerta holds at least 23 billion barrels of oil equivalent, according to a report by independent auditor Ryder Scott released in ...

President Donald Trump’s call for a new oil boom will be thwarted by Wall Street’s reluctance to approve another drilling binge, shale bosses have warned. Total US oil output ...

Global upstream M&A activity is expected to slow down in 2025 following a peak driven by US shale consolidation.

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Fracking-the high-pressure injection of water, chemicals and sand into shale deposits to release the gas and oil trapped within the rock-in recent years has been combined with horizontal drilling ...

The gigantic deposit was found in metamorphic rocks in ... An example of metamorphosed rocks is shale, from which shale oil is extracted in the USA. Shale oil is produced within the shale when ...

Kazakhstan will produce shale oil for the first time later this year, officials said Tuesday, hoping to boost the Central Asian state's ...

Oil shale is mined and processed to produce oil, which has similar properties to conventional oil pumped from oil reservoirs, and thus, it is considered as a substitute for crude oil. The deposit of ...