Post Tagged with: "Shale production"

Source: World Oil

Booming shale production lifts Exxon, Chevron forecasts as oil and gas earning season kicks off

World Oil


(Bloomberg) – Exxon Mobil Corp. and Chevron Corp. surpassed earnings forecasts as bigger-than-expected oil output from shale fields helped cushion the blow from weakening crude prices.

Exxon rose as much as 1.6% in New York and Chevron climbed …

Oil Prices Likely to Rally Through the End of 2016

Oil Prices Likely to Rally Through the End of 2016

Oil prices up over 1.5% as the end of the year approaches

Both international and U.S. crude benchmarks were up over 1.5% Tuesday as oil prices continue to rally and 2016 draws to a close. U.S. crude oil prices have …

Aubrey McClendon – Oil & Gas Shale Wildcatter – Dead at 56

Aubrey McClendon – Oil & Gas Shale Wildcatter – Dead at 56

Aubrey McClendon, who was co-founder (with Tom Ward) of Chesapeake Energy (ticker: CHK; CHK.com), died in a one-car crash in rural Oklahoma early morning March 2, 2016.

A maverick in America’s shale oil and gas industry, he will be …

OPEC a Year Later: Who Will Adapt and Survive?

OPEC a Year Later: Who Will Adapt and Survive?

A shot heard round the world

Last November 27, OPEC sparked the decline in crude oil prices that would see both international benchmark Brent crude, and U.S. benchmark WTI crude, lose more than 50% of their value. The group decided …