shale oil

The Latest

  • COVID-19 Topples US As World's Top Oil Producing Country
    OPEC
    The United States will lose its ranking as the world’s top oil producing country this year as the COVID-19 economic crisis shuts down its oil wells.
  • US Oil Producers Poised To Slash Investments By 15%
    Oil refinery
    US oil producers are facing a bleak 2020 as prices fall and oversupply continues. Then there's the huge negative impact of Covid-19 on China.
  • Occidental To Lessen Debt After Acquisition By Selling Anadarko Assets
    Occidental Petroleum
    To lessen its already substantial debt following the acquisition, Occidental is now considering selling off some of Anadarko's assets in the Gulf of Mexico.