US Oil Producer Pioneer Posts $268m Net Loss in Q2

• Thursday, 4th August 2016
• by Egypt Oil & Gas

US oil producer Pioneer Natural Resources Co. posted a second-quarter net loss of $268m, wider than $218m a year ago.

US Shale Oil Production Declining

• Wednesday, 13th January 2016
• by Egypt Oil & Gas

The decline of US shale oil production is to continue with a projected drop of 116,000b/d in February, adding to an overall decline of about 640,000b/d since the production peak in March 2015.