Figure 7 - US oil import forecast up to 2015 from Simmons & Co as per the low, medium, and high range scenarios. Figure 8 - US oil production forecast from shale oil from EIA.

Can Bakken oil shale, other oil shales, and all of the additional NGLs can really be made economic. If they can, and the amount of oil extracted is raised to the hoped for ...

Trump announced on Thursday that the US will work with Pakistan to develop its “massive” oil reserves. He even suggested ...

Researchers from Prof. Quan-You Liu's team at Peking University decoded the complex accumulation mechanisms of China’s ...

Moving into the next boom time for the domestic U.S. oil and gas business doesn’t necessarily mean you will be repeating the outcomes of the last one. That’s a point of confusion my previous ...

Rising oil prices will quickly put the industry's new capital discipline to the test. If WTI prices remain at $65 per barrel by next year, "all bets are off," one analyst said.

Sen. Ken Salazar (D–Col.) writes in the Washington Post today that shale oil crops up every couple of decades as a potential energy savior promising billions of barrels of black gold if only the ...

Continental Resources Inc.’s CEO Doug Lawler said that without locating potential new sites for drilling and extraction, oil prices could climb to $120 to $150 per barrel.

This article is for subscribers only. Shale oil production, which has revolutionized the energy industry and transformed the US economy, will stop growing in August, according to a government report.

Unheralded and unnoticed, American oil producers are helping stabilize global oil prices, which would be a lot higher if new U.S. oil supply, mostly from shale, weren’t reaching world markets.

About 30% of US shale operators are technically insolvent at $35-a-barrel oil prices, according to a study released Monday by Deloitte. That means the discounted future value of these frackers is ...

Today, shale accounts for about two-thirds of U.S. oil production and nearly all of the industry's growth, but many of the companies that made that growth possible are now struggling to stay afloat.