Previously, the cost of a barrel of shale oil ranged between $80 and $90, so KOC and most other international companies were not interested in shale oil due to the exorbitant costs, sometimes ...

The prolific Permian Basin distracted American producers from international shale. Now, they are returning.

In the first of a five-story special, Upstream takes an in-depth look at recent developments at Argentina's prolific unconventional play ...

U.S. shale producers are expanding overseas-from Argentina and Turkey to Australia and the UAE-as domestic shale basins ...

Argentina's Vaca Muerta shale formation has seen a tenfold increase in oil production, making the country South America's third-largest oil producer. Foreign investment and major infrastructure ...

U.S. shale oil production will flatten out if prices remain at current levels and will start to decline if prices languish in the $50s per barrel, ConocoPhillips (COP) CEO Ryan Lance said Tuesday, ...

The decline in oil prices and U.S. shale production potentially peaking by 2026-2027 will shift global oil supply and price volatility. CEOs of Occidental Petroleum and Diamondback highlight the ...

Over 140 million tonnes of proven geological reserves of shale oil were discovered with technically recoverable reserves of 11.4 million tonnes, Sinopec said. This is the first shale oil field ...

A major shale oil production zone in China’s Junggar basin has recorded an annual output of more than 1.7 million tonnes, or about 12.46 million barrels, marking a breakthrough in the country’s shale ...

U.S. benchmark crude oil prices are hovering below the level oil executives say they need to drill new wells at a profit, spurring concerns that the country’s output could stagnate or even stall. Much ...