US steals mantle of top oil producer from Saudis: Survey
The United States has overtaken Saudi Arabia to become the world’s biggest oil producer as the jump in output from shale plays has led to the second biggest oil boom in history, according to leading...
View ArticleShale overload pushing exports to Asia to new highs
U.S. exports of natural gas liquids, already at a record amid surging output from shale deposits, are poised to quadruple by 2020 as the expansion of the Panama Canal cuts shipping costs to Asia....
View ArticleThe Battle Over Who Gets U.S. Natural Gas
In the summer of 2008, two natural gas import terminals opened along the U.S. Gulf Coast: one in Freeport, Tex., and the other about 140 miles northeast near the mouth of the Sabine River in Louisiana....
View ArticleCanada’s Future in Natural Gas
Drill, Baby, Drill… eh? By Keith Kohl Tuesday, November 26th, 2013 Less than a week ago, a Wood Mackenzie report confirmed what we’ve been waiting to hear for years… China’s gas woes are getting worse....
View ArticleThe Permian basin adds to U.S. shale bounty
By Anna Driver and Terry Wade, Reuters On a wall inside an old hunting lodge in west Texas that Apache Corp uses as a field office, a board lists the winners of $10,000 prizes given to workers with big...
View ArticleShale oil and shale gas resources are globally abundant
Source: U.S. basins from U.S. Energy Information Administration and United States Geological Survey; other basins from Advanced Resources International (ARI) based on data from various published...
View ArticleShale oil: the boom heard around the world
by: Scott L. Montgomery The US is in the midst of an oil boom. Shale gas has grabbed much attention, and rightly so. But it is shale oil (a light, crude oil found in shale or tight sandstone, and also...
View ArticleAnalyst predicts world’s next shale boom — and it’s not China
HOUSTON — The world’s next shale revolution likely will be in Australia, which appears to be the most attractive place for companies to pursue tight oil and gas, according to a Lux Research analysis...
View ArticleRiding shale boom, US to become major LPG supplier to China
A deal between China’s top refiner Sinopec and Phillips could be a game changer that signals the United States is on track to become one of the top suppliers of liquefied petroleum gas (LPG) to the...
View ArticleU.S. takes a crack at China’s tough shale
By Collin Eaton China is looking to the West – and especially to Texas – as it seeks to unlock its vast shale formations in hopes of launching an American-style energy revolution. Facing stubborn rock...
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