China’s recent breakthroughs in fracking technology have the potential to usher in a new shale revolution that could solidify the country’s energy security and reshape the international oil order.
Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. At best, American drillers siphon away 15% to 10% of what’s potentially available; the ...
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. The U.S. shale oil and gas boom that began early this century had ...
Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” The US oil industry ...
Forbes contributors publish independent expert analyses and insights. Scott L. Montgomery is a geologist who writes about energy issues. China is today the world’s leading importer of both oil and ...
Sinopec, China’s largest shale producer, has reported a major breakthrough in ultra-deep shale gas exploration, with a record-setting well in the Sichuan basin flowing commercial gas volumes during ...
What a world we live in. When Chris Wright, former CEO of Liberty Energy, became the US Secretary of Energy nominee, the entire energy sector cheered. Finally, someone with actual oil & gas experience ...
EAST SPENCER — After 125 years in business as a brick plant, what is now General Shale brick will cease operations on April 1, with a loss of 65 jobs. The Tennesse-based General Shale bought Meridian ...
President-elect Donald Trump wants U.S. oil producers to rekindle their once-frenzied drilling, but the country’s shale patch has changed since his first administration. Wildcatters are mostly gone, ...
The US shale oil industry's shift towards prioritizing profitability and shareholder returns reduces its vulnerability to political influence. Market factors, such as oil prices and investor sentiment ...