Developing shale basins include the Vaca Muerta in Argentina and the Diyarbakir basin in Turkiye.

A merger between to big independent upstream companies, Devon Energy and Coterra Energy, creates a new powerhouse on the U.S.

Never bet against America’s oil and natural gas engineers. About two decades ago, these engineers delivered the shale oil and natural gas revolution. After many years of trying to figure out how to ...

The U.S. shale boom reshaped global energy markets but is now plateauing. Argentina’s Vaca Muerta, China’s Sichuan Basin, and Saudi Arabia’s Jafurah Basin are leading the next wave of shale ...

HARBIN, China, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Daqing Oilfield, one of China's largest energy production bases, announced on Friday that its Gulong shale oil block in northeast China has surpassed ...

The transaction is expected to close in the second half of 2026, the companies say.

This deal is the largest tie-up in the U.S. shale industry since Diamondback acquired Endeavor Energy Resources for about $26 ...

A major shale oil production zone in China’s Junggar basin has recorded an annual output of more than 1.7 million tonnes, or about 12.46 million barrels, marking a breakthrough in the country’s shale ...

EIA's latest monthly oil report is out and US oil production surprised to the downside. We had expected US oil production to come in around ~12.45 million b/d, but this did not happen. Using our ...