Post Tagged with: "Permian Basin oag360"

Source: Reuters

Exxon, Chevron take a slow walk on the path to U.S. shale recovery


Exxon Mobil and Chevron Corp have scaled back activity dramatically in the top U.S. shale oil field, where just a year ago the two companies were dominating in the high-desert landscape.

The cautious approach of the two largest U.S. …