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OPEC bid to kill off US shale sends oil price down to 2009 low : December 08, 2015,
2015-12-08 11:22:33| Electronics - Topix.net
Oil industry stocks tumbled on Monday, leading US stocks lower, as crude prices sank to their lowest close since February 2009 in the wake after decision of Organisation of the Petroleum Exporting Countries not to cut output dimmed the odds of any quick recovery in oil prices. Dow members ExxonMobil world's largest publicly traded international oil and gas company - and Chevron lost 2.6 percent and 2.7 percent respectively, while shale producer Continental Resources plunged 9.3 percent.
OPEC bid to kill off US shale sends oil price down to 2009 low : December 08, 2015,
2015-12-08 10:33:23| Oil & Gas - Topix.net
Oil industry stocks tumbled on Monday, leading US stocks lower, as crude prices sank to their lowest close since February 2009 in the wake after decision of Organisation of the Petroleum Exporting Countries not to cut output dimmed the odds of any quick recovery in oil prices. Dow members ExxonMobil world's largest publicly traded international oil and gas company - and Chevron lost 2.6 percent and 2.7 percent respectively, while shale producer Continental Resources plunged 9.3 percent.
Opec plan to kill off US shale supply sends oil price down 7-yr low
2015-12-07 15:51:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The latest attempt by Saudi Arabia to kill off the threat from US shale oil has sent oil prices slumping to their lowest level since the depths of the global recession almost seven years ago. A barrel of benchmark Brent crude was changing hands at below $42 a barrel after the oil cartel Opec - heavily influenced by Saudi Arabia decided late last week to continue flooding the global market with cheap oil. With global demand weak, traders fear that Opecs refusal to cut production despite the...
Ryder Scott - shale reserves, reporting and ethics
2015-12-02 13:03:36| Oil IT Journal - www.oilit.com
On the SEC and shale. Updating the PRMS. Legal aspects of the downturn. Engineers and ethics.
Tags: scott
reporting
ethics
reserves
China's Shale Gas Problem Grows And Grows
2015-11-29 08:11:13| Oil & Gas - Topix.net
China has the world's largest reserves of shale gas but so far has little success getting it out of the ground. While the geology may be more complex than in the US, a bigger problem is the monopolistic nature of China's oil and gas industry.
Tags: problem
gas
grows
chinas
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