Global Energy Industry News

[Opinion] Brexit impact on the oil and gas industry in the UK

March 15, 2017
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Few could have predicted the sequence of events triggered by former Prime Minister David Cameron … Read full story ›

Source:: Oil Voice […]

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U.S. shale oil output to soar in April, Permian to hit fresh record

March 15, 2017
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By hellenicshippingnews.. U.S. shale oil production in April was set for its biggest monthly increase since October as output in the Permian Basin, America’s fastest growing shale oil region, was expected to hit another record high, government data showed. Total shale oil production was expected to […]

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U.S. shale firms lift reserves while oil majors take Canada hit

March 15, 2017
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By hellenicshippingnews.. Top shale oil producers are lifting their crude and gas reserve estimates for the first time in two years – even as many major oil companies are cutting the same projections and taking write downs on more expensive fields. Rising confidence in the growth prospects of the […]

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Drilling Boom in Hottest U.S. Oil Play Is Bad News for Gas Bulls

March 15, 2017
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By hellenicshippingnews.. A drilling surge in America’s hottest oil play may prove to be a pitfall for natural gas bulls. As explorers extract crude from the Permian shale in West Texas, they’re also producing gas. A jump in the number of rigs operating in the basin […]

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