US Shale Cautious As Oil Majors Invade TexasOilPrice.comShale drillers are starting to show some caution when it comes to their pace of drilling, but some of the oil majors are still increasing their efforts in the shale patch. Chevron announced a 2018 cap …

Seeking AlphaShale Oil's Big Problem: ProfitsSeeking AlphaSince 2007, the WSJ reports that energy companies have poured $280 billion more into shale than those investments generated. Investors are getting tired of hearing about production growth - they …

Nigeria Reforms Oil Sector To Draw New InvestmentOilPrice.comProvisions in the 2018 budget, published in early November, set out proposals that allow for the sale of state equity in joint-venture (JV) oil assets, a move officials say will raise N710bn ($2b …

Financial TimesBASF and DEA agree multi-billion oil and gas mergerFinancial TimesBASF, the German chemicals group, has agreed to merge its Wintershall energy unit with rival DEA in a multi-billion euro deal to create one of Europe's largest independent …

euronewsMadagascar's oil potentialeuronews“Madagascar is part of East Africa's oil province. There is great oil potential in this province, and so there is a strong chance that we will also find oil in Madagascar,” says Bonaventure Rasoanaivo, Gene …

ReutersExclusive: Glencore in talks to sell global oil storage stakes - sourcesReutersLONDON Swiss-based trading and mining giant Glencore is selling a bundle of its global oil storage stakes, sources told Reuters, following similar moves by rivals as a bo …