Oil speculators are calling a bear market because of the lack of rig count? it looks like they forget that is was Wall-street that asked…
Tag: shale oil
Two refiners in South Korea have rejected cargoes of U.S Crude Oil over poor quality concerns
Low-Quality U.S shale crude oil? The two South Korean refiners — SK Innovation Co. and Hyundai Oilbank Co. — turned away their purchased shipments of…
India is looking to expedite discovery efforts to establish the country’s shale oil and gas
India is looking to expedite discovery efforts to establish the country’s shale oil and gas potential and has asked companies to submit a plan, two…
The Mexico City-based company Vista Oil & Gas plans to invest $157.4 million in Argentina’s Vaca Muerta
Vista Oil & Gas plans to invest $157.4 million in its first pilot projects in Vaca Muerta, betting on the Argentinian shale play for oil and natural gas production growth.
US crude production
US crude production currently at 9.5 million barrels a day and expected to add 800,000 to 1 million b.p.d annually. Over the past four weeks,…