The US shale boom is winding down, but the global market is gearing up for massive production as the unconventional resource ...

YPF SA (YPF) reports its highest EBITDA in a decade and surpasses shale oil production targets, despite a decline in annual revenue.

Previously, the cost of a barrel of shale oil ranged between $80 and $90, so KOC and most other international companies were not interested in shale oil due to the exorbitant costs, sometimes ...

Oil production across eastern Ohio’s Utica/Point Pleasant shale reached a record high in 2025, climbing 39% to more than 48 ...

By Yousef Saba DUBAI, Feb 27 (Reuters) - The shale revolution that made the United States the world's top oil producer is taking shape in the Arabian Desert. Deep in the sands southeast of Saudi ...

Argentina hit record crude production of 861,380 bpd in December 2025, driven primarily by shale output from Vaca Muerta. Shale oil now accounts for 69% of total crude production, while shale gas ...

BP’s overall output plunged as the company shed crude and gas assets, and trimmed upstream investment. Its market capitalization is still almost 40% below where it was in early 2019. The company now ...

Permian drilling opportunities in West Texas were so prolific as the shale boom kicked off they attracted wildcatters the world over. Now, a new crossroads nears.

The shale-oil revolution that transformed the U.S. into the world’s top oil producer is entering a new phase — one that could see America’s hard-fought lead in energy erode in fewer than five years as ...

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 ...

Shale wells decline fast, forcing constant drilling—the “Red Queen” effect—with many losing 70–90% of output in three years. The IEA says global fields are depleting faster than thought, so most ...