About: shale oil

Energy 16-03-2020

US shale will be first casualty of oil price war

Although the oil price war was triggered by the Russia-Saudi fall-out, US shale will be the first casualty, writes Robin Mills. In the process, the US will learn that producing a lot of oil at high prices is not the “energy dominance” it has made a centrepiece of foreign policy, he argues.
Global Europe 13-03-2020

US shale under pressure to make ‘at least’ 25% price cuts

US shale producers are seeking sharp service costs cuts to deal with plummeting prices and shrinking demand, according to executives and a letter sent to top providers, driving home the oil industry’s desperate efforts to cope with a market dive.
Energy 10-10-2017

OPEC Secretary General urges US shale oil producers to help cap global supply

OPEC’s Secretary General Mohammed Barkindo today (10 October) called on US shale oil producers to help curtail global oil supply, warning extraordinary measures might be needed next year to sustain the rebalanced market in the medium to long term.
Global Europe 15-05-2017

Saudi Arabia, Russia agree oil output cuts to push up prices

Saudi Arabia and Russia, the world's two top oil producers, agreed today (15 May) to extend oil output cuts for a further nine months until March 2018 to rein in a global crude glut, pushing up prices.
Trade & Society 22-05-2013

Friedbert Pflüger: Climate change is no longer the EU’s only priority

The EU’s climate policy has not vanished but the approach today is probably more balanced towards other aims like energy supply security and competitiveness, Friedbert Pflüger said in an interview with EURACTIV Slovakia.
Trade & Society 09-04-2013

Gazprom, Shell ink Arctic cooperation deal

Russia’s export monopoly Gazprom and the Anglo-Dutch energy giant Royal Dutch Shell have signed a tentative deal to develop hydrocarbons in the Russian Arctic, Russian and Dutch media reported.