shale | Egypt Oil & Gas - Part 2

Apache Narrowly Escapes Takeover Bid

Oil and gas company Apache Corp has rejected a takeover approach from an unidentified party.

Oil Prices Spark Tensions Between US and Omani Pipe Makers

Ahmed Hassan Al Dheeb, undersecretary at the Omani Ministry of Commerce and Industry said that his country is confident of winning an anti-dumping case against a local steel pipeline manufacturer that that is being h ...

Mexico’s Crude Exports to US Drop to 25-year Low

Mexico's crude exports to the US dropped to their lowest level in 25 years in September, as the Latin American nation seeks other buyers in response to reduced demand from US refiners.

Indonesia Announces Bids for New Shale Gas Blocks

Indonesia is forging ahead with its strategy of developing unconventional sources of oil and gas, announcing bids for three new shale gas blocks, according to information issued by the ministry of energy and mines.

OPEC Driving US Shale Downturn

The Organization of Petroleum Exporting Countries—OPEC—is driving US oil and gas rigs to some of their lowest levels in a decade, Bloomberg

Vitol Thinks Libya Will Add to Oil Glut

Vitol, the world's largest oil trader, has predicted that the price of crude will at the most waver around the $60 a barrel level next year, in part because of Libyan production,

Canadian Oil Sands Rejects Takeover Bid

Canadian Oil Sands, a major force in the oilsands business in several Canadian provinces, has rejected an unsolicited offer to buy it out,

Russia and Saudi Arabia Talk Oil Prices, Shale, OPEC

Russia's energy minister told reports on Tuesday of his talk with his Saudi counterpart last week in Istanbul during the G20 energy ministers meeting

US Oil Rig Count Drops to 5-Year Low

Rig counts for US oil drilling dropped to 614 nationwide last week, the lowest level since 2010, Bloomberg

US Shale Production Drops

US shale fields across the country reported production drops of a combined 80,000 b/d, the EIA

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