Keyword: US shale oil

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Chanos Says Oil Majors Increasingly Look Like ‘Value Traps’

20.11.2013 - Short-seller Jim Chanos said on Tuesday that shares of international oil majors like Exxon Mobil increasingly look like a value trap for investors as cash flows decline and return...

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Colorado Creates Rules To Reduce Fracking Emissions

19.11.2013 - Colorado announced proposed rules on Monday designed to reduce emissions during oil and gas operations in an agreement with drillers that addresses one key environmental concern...

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Saudi Arabia May Be Overcoming Addiction To Oil-Fired Power

19.11.2013 - Saudi Arabia may be starting to overcome a long addiction to generating electricity from its own oil, easing a nagging concern for a global market reliant on free-flowing crude...

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Rising Output, Energy Efficiency to Halve U.S. Oil Imports By 2020

16.10.2013 - Rising oil and gas production and improving energy efficiency in the United States could slash its oil imports in half by the end of 2020 from levels seen two years ago, the West's...

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Shale Oil Bonanza to Cost Refiners Billions

19.07.2012 - America's shale oil boom is great news for U.S. industry, jobs and consumers, but it could cost global refiners billions. Banking on rising demand for transport fuels, oil...