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Articles for Shale, search results for supply

OPEC Has Little Room to Revive Oil Supply, Iran Official Says
4 weeks, 1 day ago

OPEC Has Little Room to Revive Oil Supply, Iran Official Says

Live Mint  

-- OPEC has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the US shale industry, Iran’s representative to the group said. “This strategy in support of prices has effectively encouraged higher supply outside the group, particularly on the part of the US,” Iranian OPEC governor Afshin Javan said of the curbs …

Iran Opec Javan
How India can minimise the damage from OPEC+ production cuts
1 year, 8 months ago

How India can minimise the damage from OPEC+ production cuts

Live Mint  

The Organisation of Petr​​oleum Exporting Countries and its oil-producing allies such as Russia and Azerbaijan, collectively known as OPEC+, have decided to cut oil production by 1.15 million barrels a day. While OPEC takes the flak for higher oil prices with its publicised production cuts – the second since last October – another culprit escapes attention: US shale producers. While …

India Russia Oil Prices Production Price Oil Prices
Rishi Sunak and Joe Biden will unveil gas supply agreement TODAY
2 years ago

Rishi Sunak and Joe Biden will unveil gas supply agreement TODAY

Daily Mail  

Rishi Sunak and Joe Biden will today announce a deal to keep the lights on in Britain – using gas produced by fracking in the US. As part of the major initiative, Downing Street said the US will aim to export at least nine to ten billion cubic metres of Liquefied Natural Gas to UK terminals over the next year …

Energy Russia Today Joe Biden Rishi Sunak Mr Sunak Gas Supply
Liz Truss lifts ban on fracking in Tory manifesto U-turn
2 years, 3 months ago

Liz Truss lifts ban on fracking in Tory manifesto U-turn

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Recent work has suggested that initial estimates by the British Geological Survey were too high, but until many wells …

Energy Climate Independent Gas Fracking Est Truss
Agency permanently bans fracking near Delaware River
3 years, 9 months ago

Agency permanently bans fracking near Delaware River

Associated Press  

A regulatory agency that’s responsible for the water supply of more than 13 million people in four Northeastern states voted Thursday to permanently ban natural gas drilling and fracking near a crucial waterway, asserting that gas development poses an unacceptable risk. The Delaware River Basin Commission cited “significant immediate and long-term risks” from gas extraction, saying in a resolution that …

Water Pennsylvania Gas Resources Drilling Ban River
Chevron will buy Noble Energy for $5 billion – the biggest oil deal since the pandemic
4 years, 5 months ago

Chevron will buy Noble Energy for $5 billion – the biggest oil deal since the pandemic

CNN  

New York CNN Business — Chevron announced Monday it would acquire Noble Energy for $5 billion. It’s the biggest energy deal since the Covid-19 pandemic decimated the oil industry. Buying Noble makes perfect sense for Chevron because the two businesses compliment each other, said Andrew Dittmar, senior M&A analyst at Enverus, an information provider for the energy industry. “Given the …

Energy Oil Chevron Noble Dittmar Occidental