by admin@hew-tex | Jun 19, 2018 | Hew-Tex, Uncategorized
World Oil : By KELLY GILBLOM on 6/18/2018 LONDON (Bloomberg) — Shale oil hasn’t always been Royal Dutch Shell Plc’s best friend, but they’re working on the relationship. Shell is said to have bid, with partner Blackstone Group LP, on a portfolio of U.S. shale...
by admin@hew-tex | Jun 13, 2018 | Hew-Tex, Uncategorized
Output from the Permian basin is poised to double between 2017 and 2023, according to IHS Markit. At 5.4 million barrels per day, Permian production would surpass output from all other producer nation’s except Saudi Arabia and Russia. IHS Markit believes the...
by admin@hew-tex | May 10, 2018 | Hew-Tex, Uncategorized
The Motley Fool: Matthew DiLallo: May 2, 2018 at 10:31AM The oil giant bounces back from a rough end to 2017 thanks to the help of an absolute gusher in the Permian. While Devon Energy (NYSE:DVN) limped into 2018 after running into some production problems at the end...
by admin@hew-tex | May 9, 2018 | Hew-Tex, Uncategorized
MSN.com : CNN : Matt Egan President Donald Trump chose a dicey time to crack down on Iran, the world’s fifth-biggest oil producer. Global oil supplies were already getting tight before Trump vowed on Tuesday to exit the Iran nuclear deal and impose...
by admin@hew-tex | Apr 30, 2018 | Hew-Tex, Uncategorized
Forbes.com : Business : Wood Mackenzie , Contributor : APR 30, 2018 @ 04:38 AM Motives for both the tight oil ‘haves’ and ‘have nots’ The best accessible upstream growth opportunity in fifty years? US tight oil. Correction: the Permian Basin. Second correction: the...
