Chevron Licenses Shale Tech to Boost Lagging US Oil Output
Chevron will license its proprietary chemical technology to rival drillers, aiming to enhance US shale oil production amidst declining well productivity.
Market-moving news and intelligence across global energy markets.
Chevron will license its proprietary chemical technology to rival drillers, aiming to enhance US shale oil production amidst declining well productivity.
The United States is on track for natural gas to surpass petroleum as its primary energy source by 2030, driven by robust shale output and surging LNG expo
Latin America's oil output jumped 27% year-on-year in February 2026, driven by Brazil, Mexico, and Argentina, reshaping global supply amid Strait of Hormuz
Latin America and the Caribbean saw a significant 27% year-on-year surge in oil production in February 2026, driven by Brazil, Mexico, and Argentina.
Wood Mackenzie forecasts Henry Hub natural gas prices will rise to $5/MMBtu by 2035, ending a decade of cheap gas due to surging demand and costlier supply
OPEC+ increased July oil supply by 188,000 bpd, contributing to a price drop from $112 to $89/barrel, as rising US shale and weak China demand pressure cru
Wood Mackenzie forecasts Henry Hub natural gas prices will rise to $5/mmbtu by 2035, ending a decade of cheap gas due to surging demand and costly supply.
The Americas now drive global energy, with the U.S. central to a strategy routing crude through American refineries for export, reshaping global oil trade.
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