Keyword: US shale boom

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Exxon, Chevron Earnings Boosted by Refining Margins

01.02.2013 - Strength in refining and chemicals led to higher-than-expected fourth-quarter earnings for Exxon Mobil and Chevron, the two largest U.S. oil companies. A flood of oil produced from...

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Canadian Crude Reaches Europe as U.S. Shale Oil Booms

22.01.2013 - The United States now gets so much crude from its own shale deposits that Canadian exporters are selling as far afield as Europe, showing how deeply the U.S. energy revolution is...

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U.S. Shale Boom Redraws LPG Market Map

18.01.2013 - Soaring U.S. exports of liquefied petroleum gas (LPG), a side product of the shale boom, are giving energy markets a taste of the tectonic changes they could see if and when the...

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EPA Faces Decisions on US Fracking Boom

30.12.2012 - The past four years of U.S. environmental regulation was marked by a crackdown on emissions that angered coal miners and power companies. Over the next four, the new head of the...

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Statoil Adds to U.S. Shale Acreage for $590 Million

19.12.2012 - Norwegian energy firm Statoil bought the rights to about 70,000 acres of shale-producing area in the United States on Wednesday as part of a plan to increase its North American...

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U.S. Shale Boom a Boon for Asian Crude Importers

03.10.2012 - Asian oil importers will pay lower premiums for their shipments as a shale oil boom diverts more barrels from the United States to the world's biggest net oil buying region over...