📰 Shale Patch News
Shale Patch News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Shale Patch. Real-time updates on events, politics, business and more.
August 15, 2023
The U.S. shale industry is poised for significant production growth in 2023, surpassing previous forecasts, with major producers like Chevron and ExxonMobil reporting strong quarterly outputs.
July 22, 2023
Global research and consultancy group Wood Mackenzie has predicted that Brazils private oil companies will increase oil production by 75% from 1.221Mb/d to 2.123Mb/d by 2030
July 13, 2023
Despite challenges such as rising costs and shortages of drilling material, the U.S. oil industry is expected to break its 2019 production record later this year
September 10, 2022
The U.S. oil and gas industry has been a lot more conservative with mergers and acquisitions since the 2020 oil price crash, but big deals are now coming back
May 3, 2022
While the shale industry is struggling with labor and equipment shortages as well as cost inflation, there are still some stocks worth looking at in the space
April 27, 2022
Blackrock CEO Larry Fink expects that elevated energy prices will spur a huge amount of investment in the sector, and investment bank Goldman Sachs is especially bullish on a few shale players
April 6, 2022
Consumers. thats the best thing to do right now. >> daniel, do you see that as a solution? >> that may help alleviate some of the short-term pain. tapping the reserve have resulted in some lower prices. a little history here is useful. in the 2010s multiple boone cycles of drilling in the shale patch. companies were so successful they lowered prices over the years and most lost money. investors are now demanding that companies like those who are testifying today limit their drilling and focus on...
March 1, 2021
Francesco Lippi How important is the oil market for the global economy? Although oil shocks are often viewed as responsible for the poor performance of many countries in the 1970s, these shocks have played a relatively minor role in leading macroeconomic models. Because oil represents a relatively small share of overall production costs, conventional models imply that oil shocks have a limited impact on aggregate output. This conclusion has recently been challenged by Gabaix (2011), Acemoglu et...