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US shale 'forces adjustment in Saudi oil prices'(John Kemp is a Reuters market analyst. The views expressed are his own) More than half of Saudi Arabia's crude exports head to refineries in China and the rest of Asia. Not a single barrel of U.S. shale oi More… |
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Shale estimates cement shift from oil to gasThe shale revolution is likely to have a far bigger effect on the global gas market than on oil supplies, entrenching the long-term price advantage of gas, according to new data from the Energy Information Admini More… |
Job openings ‘rising in alternative energy’The amount of jobs offered by recruiters in relation to unconventional resources in the energy sector is seeing a significant rise, said OilCareers.com, a leading recruitment site targeting the worldwide oil and gas sector. Region More… |
Job openings ‘rising in alternative energy’The amount of jobs offered by recruiters in relation to unconventional resources in the energy sector is seeing a significant rise, said OilCareers.com, a leading recruitment site targeting the worldwide oil and gas sector. Region More… |
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Sweet crude premium evaporatingIn 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 Asian refineries upend traditional pricing More… |
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Saudi 'must decide response to shale'If Opec is eventually forced to trim its oil exports in response to the shale boom, Saudi Arabia will have to shoulder most of the production cuts, said an expert. Past experience suggests Saudi Arabia would have to absorb about t More… |
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Opec shifts its oil trade map after shaleOpec oil exporters on Thursday, set to leave output policy unchanged, were weighing the impact of rising supplies of US shale oil that are redrawing the landscape of global oil trade. The Organization of the Petroleum Exporting Co More… |
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Shale boom 'boosts US clout in world affairs'The boom in domestic oil and gas production has strengthened the hand of the US in global affairs and is having a profound impact on the country's security and foreign policy, President Barack Obama's national security advisor said. More… |
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Qatar, Exxon agree North America tie-upQatar Petroleum International and Exxon Mobil Corp have signed a memorandum of understanding to assess jointly unconventional gas resources in North America and global opportunities in liquefied natural gas (LNG). More… |
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Helicopter engines drill for gas, with gasHelicopter jet turbines that once flew for the US military are on a final, earthbound mission - pumping gas on home soil as part of an assault on costs in the shale drilling industry. Operationa More… |
