Post Tagged with: "tight oil"

The Leading Source of Oil in 2035—It’s Not OPEC:  BP

The Leading Source of Oil in 2035—It’s Not OPEC: BP

Non-OPEC unconventional sources expected to provide growth in supply through 2035

BP 2016 Energy Outlook Supply Growth

The continued growth of global economies will continue to drive demand for energy around the world, according to BP’s (ticker: BP, BP.com) 2016 Energy Outlook.

According to the …

China Finds 700 Million Barrels of Tight Oil

China Finds 700 Million Barrels of Tight Oil

Major tight oil discovery in China

China’s state-owned China National Petroleum Corp. (CNPC) discovered more than 100 million metric tons of tight oil geological reserves in its Changqing field, according to a report by Reuters. Converted to barrels of …

EIA: North America Pacing the World in Tight Oil, Shale Gas Development

EIA: North America Pacing the World in Tight Oil, Shale Gas Development

The United States and Canada are the only two countries in the world to commercially produce both shale gas and tight oil, the Energy Information Administration said on February 13, 2015. Two other countries, China and Argentina, are the only …