shale oil articles & resources on Made-in-China.com

China to Lower The Prices of Both Gas and Diese

Apr 30, 2019

China will lower the retail prices of both gas and diesel by 85 yuan (12.3 U.S. dollars) per tonne from Wednesday due to falling international prices, according to the country's top economic planner. It will be the second oil price cut ...

Tags: gas, diesel

Oil Prices to Remain Low Well Into 2016

Dec 29, 2015

Crude prices have gone down nearly 30 percent this year, and analysts expect oil prices to remain low for even longer. Boon for consumers Lower oil prices are generally good for US consumers and the economy, said Jason Bordoff, ...

Tags: Oil Prices, Crude Oil

Brent Oil Price Hits 11-year Low amid Oversupply Worries

Dec 22, 2015

Brent oil price hit 11-year low Monday as the market continued to be plagued by an oversupply of crude oil and weakening demand. Brent crude for February delivery decreased 53 cents to close at 36.35 U.S. dollars a barrel on the London ...

Tags: Brent oil, Oil prices

Exxonmobil Gets Green Light for Argentinian Shale Development

Dec 15, 2015

The government of Neuquen, a southwestern province of Argentina, said Monday it has approved ExxonMobil's investment plan for developing shale resources in the Bajo el Choique and La Invernada blocks. The company will work with Gas y ...

Tags: shale, GyP, natural gas

Argentina's Next Energy Minister Aims to Lure Fresh Investment

Dec 2, 2015

Juan Jose Aranguren, the next energy minister of Argentina, said Friday he will seek to rebuild investor confidence in the country by improving business conditions after taking office December 10. "We need, as in other sectors of economic ...

Tags: crude, diesel, gas

Fossil Fuel Sector Seen Risking $2.2 Trillion on Stranded Assets

Nov 25, 2015

Fossil fuel companies risk wasting up to $2.2 trillion in the next decade by pursuing projects that could be uneconomic in the face of international action to limit climate change, UK-based financial think-tank Carbon Tracker Initiative ...

Tags: Fossil Fuel, natural gas, oil shale, oil sands

Chevron Lowers 2017 Production Target Slightly, Cuts Capital Spending 25% for 2016

Nov 4, 2015

Chevron on Friday revised slightly lower an earlier future production target due to prolonged but uncertain lower oil prices, while at the same slashing its capital spending for 2016 by 25% compared to this year. The company now sees ...

Tags: Chevron, oil prices, shale oil

Driven in Large Part by The Rapid Expansion of Shale Oil and Gas Drilling and Production

Jul 17, 2015

Driven in large part by the rapid expansion of shale oil and gas drilling and production in North America, the world market for oil field specialty chemicals at the service company level reached $25 billion in 2014, up from nearly $16 ...

Tags: chemicals, coating, paint pigment, shale oil

Global Demand for Industrial Silica Sand Is Forecast to Advance 5.5 Percent

Dec 31, 2014

Global demand for industrial silica sand is forecast to advance 5.5 percent per year to 291 million metric tons in 2018, with a value of $12.5 billion. Accelerations in construction spending and manufacturing output worldwide are expected ...

Tags: Silica Sand, glass

US Posted a Second Consecutive Year of Record Oil Production Growth

Jun 23, 2014

The US posted a second consecutive year of record oil production growth in 2013 with its surging shale industry balancing out supply disruptions to underpin an unprecedented period of stable global oil prices, BP said Monday. US output ...

Tags: oil production, oil supply

Southern England Could Hold Between 2.2 Billion and 8.5 Billion Barrels of Oil Resource

May 28, 2014

The Jurassic shales of southern England's Weald basin could hold between 2.2 billion and 8.5 billion barrels of oil resource but no gas, the UK government said Friday in a new report. The Department of Energy and Climate Change also ...

Tags: Shale Oil, offshore production

Japan Petroleum Exploration Will Start Drilling First Horizontal Shale Exploration Well

May 15, 2014

Japan Petroleum Exploration plans to start drilling Japan's first horizontal shale exploration well at its onshore Fukumezawa oil field in Akita prefecture in the northwest for about one month from May 22, a company official said Tuesday. ...

Tags: Petroleum, shale gas

Egdon Could Have 18 Tcf of Gas Initially in Place in Shale Gas Reserves in Its Licenses

Apr 29, 2014

UK onshore explorer Egdon Resources said Friday it could have 18 Tcf of gas initially in place in shale gas reserves in its licenses within the Bowland-Hodder shale sequence in northern England. That is equivalent to around 510 billion ...

Tags: shale gas, UK gas consumption

Technologies Will Increase The Low Rate of Ultimate Recoveries in Shale Plays

Apr 24, 2014

Technologies that will increase the low rate of ultimate recoveries in shale plays are the next disruptive forces in US oil and gas production, experts said Tuesday in Washington. "The revolutionary change will be breaking out of the ...

Tags: Shale Technology, Schlumberger

XL Series Pumps Meet The Needs of Shale-Oil Transfer, Especially Into and out of Tanks

Feb 19, 2014

Blackmer is pleased to announce that its XL Series Sliding Vane Pumps have been designed to meet the unique handling characteristics of crude oil that is produced from shale formations. Shale crude is lighter and cleaner than traditional ...

Tags: Pumps, Manufacturing, Processing Machinery, Sliding Vane Pumps

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