LONDON, June 4 (Reuters) - In future, light low-sulphur crudes will command a much smaller premium over heavy sour grades, as booming shale production in the United States and growing demand from ...

LONDON, Nov 22 (Reuters) - “OPEC is back in the driver’s seat,” John Hess, chief executive of the eponymous oil company, told an investor conference in Miami on Nov. 17, tacitly ...

A Viewpoint column by Patricia O’Reilly Rush, on June 14, suggests that hydrofracturing of the Marcellus Shale for development of natural gas resources would endanger water supply resources.

Shale sceptics have been confidently predicting since at least 2010, when output was below 300,000 bpd, that production would peak. Only the DMR has struck a defiant and lonely optimistic note.

Now the market is starting to cool. Fluor has reacted to a shrinking pipeline of new work by cutting staff and trimming its costs. From a peak of 33,600 at the end of March 2012, Fluor has cut the ...

While shale gas may become available in China, widescaleproduction is still several years away and is unlikely to be ascheap as U.S. supplies anyway.

Since 2000, U.S. natural gas production has risen by a quarter, with the increase coming mostly from shale gas. From 2000 to 2012, its share of production zoomed from less than 2 percent to 34 ...

LONDON, March 13 (Reuters) - "We believe commercial shale gas extraction should only go ahead in the United Kingdom if it can be objectively demonstrated that the regulatory framework is fit for ...

If the first revolution, Shale 1.0, focused on greater operational efficiency in drilling and pressure pumping to bring costs down, Shale 2.0 will have to focus on better understanding of the ...

They should then recognize the potential for oil shale to play a future role in the security of the country by having the Secretaries of Energy, Interior, Defense and Commerce begin planning for ...

LONDON, June 12 (Reuters) - Shale gas supporters say it can cut greenhouse emissions by replacing dirtier fuels such as coal, but critics warn it is worsening climate change due to methane leaks ...