The oil market is still in the middle of the crisis overthrew the shale region, Eagle Ford from the accounts, focusing on more promising Permian basin. However, as it turned out, the cross on Eagle Ford has put too early. A recent University of Texas study of geophysical research showed …
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Commodity superpowers are no more. The verdict is final and not appealable. Two years the oil market lies in the knockout due to the shale revolutionaries from the US and no promised price of hops the cost of “black gold” is not happening. Meeting the hydrocarbon exporters in the format …
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Today, despite the election results, the oil remained in the range of the end of the previous week. 46-50 dollars depending on the brand. The fact is that Venezuela plays on the question about the freezing of production. Let’s look at why in fact no country of Custody is not …
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Mining will continue to provoke earthquakes. American seismologists with the help of satellites found a link between the release of wastewater into the industrial wells in the state of Texas and local tremors. Scientists believe that mining will continue to provoke earthquakes. Their findings the researchers presented in a paper …
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China is increasing production of shale gas. So, for seven months of the current year its production is made up of 5.01 billion cubic metres, which is significantly more than in the same period last year, when it was produced, according to September data from the National Bureau of statistics, …
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On Tuesday, may 17 oil on world markets continued to rise, reaching a maximum in 2016 of values. The cost of July futures for Brent oil mix reached 49,23 dollars per barrel, WTI for the first time since November 4, 2015 exceeded $ 48 per barrel. However, the positive dynamics, …
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THE OIL WAR. In the USA again earned the well of shale oil In U.S. shale companies began to resume oil production on wells that had previously been frozen, threatening overstocked the market with new supply and questioned the steady increase of pricesAccording to Reuters, some U.S. shale companies …
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After 10 years of implementation of the shale revolution in the production of hydrocarbon fuels is possible to summarize the results of this process. Really important worldwide, though focusing in several North American States. The undisputed terms of the shale revolution in the United States steel the following facts: Development …
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