U.S. shale oil output to double by 2035: BP

U.S. shale oil output to double by 2035: BP

February 11, 2016
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By hellenicshippingnews U.S. shale oil production will double over the next 20 years as drillers that became more efficient amid a slump in oil prices unlock new resources, British energy giant BP said. In its industry benchmark 2035 Energy Outlook, BP forecast global demand for energy to increase by 34 percent, driven by growth in the world … Read full story ›

Source:: Hellenic shipping news Oil