(Bloomberg) – Occidental Petroleum Corp. warned that U.S. energy independence is at risk of slipping away if shale output plateaus, which could come in the next five years, CEO Vicki Hollub said in Midland, Texas this week.| www.worldoil.com
Reliance on operational efficiencies continues as the shale industry experiences cost inflation, including in the Permian Basin, head of the world’s largest independent says.| Hart Energy
While we are probably close to a bottom in oil prices, I will become more confident of this once crack spreads stabilise and confirm a pick-up in demand.| FX Empire
Standard Chartered: the slowdown in U.S. oil production growth is set to continue in 2025 and 2026.| OilPrice.com
The oilfield services industry is expected to shrink by 0.6% in 2025 due to a decline in shale/tight oil and other onshore segments.| OilPrice.com
In this article, G&R delves into why they believe US Natural Gas production is plummeting and the impacts it may have on investors.| blog.gorozen.com
Over the past 15 yrs, the vast majority of non-OPEC+ oil supply growth has come from the US shales. Presently, two of the three main basins appear to be in decline.| blog.gorozen.com
US oil production is about to peak, but the world is unprepared for the tremendous economic and political consequences. The only path through is energy and economic transformation.| Age of Transformation
We are on the brink of the biggest and most momentous transformation in history as exponential ecological, energy and economic crises converge with exponential technology disruptions.| Age of Transformation