Can US shale gas save Europe from its energy crisis?
On the surface, booming US shale gas production looks like the perfect solution for Europe as its reels from the energy crisis created by tearing itself away from…
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shale
Shale oil wraps up an underwhelming year, girds for lower growth
Breadcrumb Trail Links PMN Economy PMN Business Article content The shale oil patch this week closes the door on a disappointing year while bracing for weaker output gains in…
U.S. energy envoy Hochstein calls investor hostility to shale drilling…
© Reuters. FILE PHOTO: U.S. Senior Advisor for Energy Security Amos Hochstein speaks after meeting with Lebanon's President Michel Aoun (not pictured) at the presidential palace in…
Biden adviser calls Wall Street opposition to shale drilling ‘un-American’
The White House’s chief energy adviser has described as “un-American” the refusal of US shale investors to ramp up drilling, even as Moscow’s invasion of Ukraine causes havoc on…
Energy hungry Europe can’t look to U.S. shale to fill any OPEC gap
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters Laila Kearney and Liz Hampton and Arathy Somasekhar Publishing date: Dec 04, 2022 • …
BP praises Biden climate law while expanding US shale operations
BP’s US boss said Washington’s new climate law would put its green plans in the US “on steroids”, even as the oil supermajor says it will expand its shale oil and gas business in the…
Exxon orders shale stand-down over rash of oilfield worker injuries By Reuters
© Reuters. FILE PHOTO: Signage is seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly
By Liz Hampton (Reuters) - Exxon Mobil…
Liz Truss’s net zero climate adviser urges investors to ditch shale gas
Liz Truss’s new adviser on net zero has warned investors to avoid fracking in the UK — saying the nascent industry would end up a “non-starter” — as he insisted the new prime minister…
Shale Drillers Are Holding Firm on Output as Oilfield Costs Rise
Breadcrumb Trail Links PMN Business Publicly traded US frackers who drove global supply expansion for a decade are now grappling with soaring costs for steel, diesel and…
Shale patch pioneer Chesapeake to ditch oil in favour of natural gas
The company most associated with the dramatic ups and downs of the US shale patch is taking another gamble, planning to offload prize oil assets and double down on American natural…