Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S.

Vitol, the largest independent energy trader in the world, has agreed to acquire stakes in key oil and gas assets owned by Italian oil supermajor Eni in Côte d’Ivoire and the Republic of Congo for at ...

and “that $50 oil is not going to work. U.S. shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI Crude price in the high $60s, for a “drill, ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. U.S. shale producers could increase production even if oil prices fell ...

Fracking-the high-pressure injection of water, chemicals and sand into shale deposits to release the gas and oil trapped within the rock-in recent years has been combined with horizontal drilling ...

The Shengli Oilfield, under China Petrochemical Corp (Sinopec Group), the country's largest oil refiner, said its Jiyang shale gas oilfield has officially passed a review and documentation process ...

Last year the state oil giant produced 705,000 tons, or 5.15 million barrels of shale oil. Following a call from the central government to boost domestic energy security, China's national oil ...