Japanese Company Buys U.S. Shale Assets for $1.3 Billion
Wedoany.com Report-Dec.20, Japan Petroleum Exploration Co. (JAPEX) has agreed to acquire U.S. shale ...
Occidental Petroleum Tops Quarterly Profit Estimates on Higher Output
Wedoany.com Report-Nov. 11, Occidental Petroleum (OXY.N) reported third-quarter earnings on Monday that exceeded Wall Street expectations, supported by higher oil and gas output that helped offset wea...
Total Production of China’s Largest Shale Oil Base Hits 20 Million Tons
Wedoany.com Report-Nov. 10, China’s largest shale oil production base, the Changqing Oilfield in Northwest China’s Gansu Province, has achieved a cumulative output exceeding 20 million tons, signa...
Shale Producer EOG Tops Profit Estimates as Output Jumps
Wedoany.com Report-Nov. 7, EOG Resources (EOG.N) reported higher-than-expected third-quarter earnings on Thursday, as rising output helped the U.S.-based oil and gas producer counter lower crude price...
China’s National-Level Shale Oil Base Achieves Annual Output of Over 1.5 Million Tons
Wedoany.com Report-Oct. 29, China’s first national-level lacustrine shale oil demonstration zone in Xinjiang Uygur Autonomous Region has surpassed an annual output of 1.5 million tons for the first ...
Sinopec Announces Discovery of New Shale Oil Reserve in Southwest China
Wedoany.com Report-Oct. 25, On October 23, 2025, Sinopec, China’s leading oil refiner, announced the discovery of a significant shale oil reserve in the Sichuan Basin, southwest China, with an estim...
Crescent Energy Nears Deal for US Shale Peer Vital Energy, Sources Say
Wedoany.com Report-Aug. 25, Crescent Energy, a U.S. energy company, is in advanced discussions to acquire Vital Energy, a smaller firm, sources familiar with the matter reported on Friday, August 22, ...
With Output Hikes, OPEC+ Again Targets US Shale Oil
Wedoany.com Report-May 21, OPEC+, comprising member countries and non-member producers like Russia, has announced plans to increase oil production, aiming to reclaim market share from U.S. shale produ...
Shale Drillers Idle U.S. Rigs at Fastest Pace in Almost Two Years
Wedoany.com Report-Apr. 14, U.S. shale drilling activity slowed significantly this week, marking the steepest decline in nearly two years, as global trade uncertainties weigh on energy demand forecast...
Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank
Wedoany.com Report-Apr. 10, At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the game. The event...