Shale

American Exceptionalism Revisited: The Oil Surge and Its Implications

2 months ago

In a remarkable turn of events, the United States is experiencing a substantial increase in oil production, echoing historical patterns that characterize American exceptionalism. The latest data reveals that the country is on track to becoming a dominant player in the global oil market once again, with production levels surging and new technological advancements paving the way for increased efficiency in extraction methods.

ExxonMobil Offloads Argentine Shale Oil Assets to Pluspetrol in Strategic Move

2 months ago

In a significant development within the energy sector, ExxonMobil has come to an agreement to divest its shale oil assets located in Argentina to Pluspetrol, a prominent player in the Latin American oil industry. This transaction, valued at approximately $600 million, underscores the shifting dynamics in the global energy market, as companies reevaluate their portfolios amid fluctuating oil prices and varying production capacities.

Is Mexico's Energy Future at Stake? Texas Natural Gas Project Challenges Climate Goals

2 months ago

A major natural gas project in Texas is set to challenge the ambitious climate goals of Mexico's incoming president, Claudia Sheinbaum. This initiative, which seeks to bolster energy security and attract foreign investment, has raised considerable concerns regarding its environmental implications.

Pampa Energía Eyes LNG Projects as Economic Reforms Enhance Shale Development in Argentina

2 months ago

In a strategic move reflecting the surge in Argentina’s energy sector, Pampa Energía, a leading player in the local market, is actively evaluating multiple liquefied natural gas (LNG) projects. This revitalization comes in the wake of recent economic reforms introduced by President Javier Milei, which are geared toward encouraging the expansion of the country’s shale reserves.