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Shale Bonanza: US Oil Production Highest In Fifty Years

Shale oil is a type of unconventional oil which is derived from Shale Rocks. There had been many US shale oil producers and extractors. However, a few years ago, the shale oil saw a bust or a downfall, and the production of the oil slowed down. About three years ago, the shale boom in the…

The Top US Oil And Gas Companies

“Top US Oil And Gas Companies” The US is one of the major importers of crude oil. This is mainly because the country has a very huge demand for the commodity and needs it to keep its industries running smoothly. But, the country also produces a lot of crude oil despite its inability to meet…

Enbridge’s $6.5 Billion Oil Pipe Expansion: Public Hearing Begins In Minnesota

“Enbridge’s $6.5 Billion OilPipe Expansion” Enbridge Inc is an energy transportation company with headquarters in Calgary, Alberta. It is a multinational company which is primarily involved in the distribution, transportation and generation of energy across the continent of North America. The company also boasts of a number of subsidiaries including Union Gas, Todal Energy and…

The Possibility Of Oil Rising Beyond $60 Per Barrel In 2018

“Crisis of Oil Supply” The oil and natural gas sector has for some time suffered a series of calamities most of which have been attributed to the continued drop in oil prices. In the last five years alone, the sector has registered the greatest number of retrenched workers more than any other global industry. There…

US States With The Highest Natural Resource Companies

“Highest Natural Resource Companies” Many states across the US are home to various natural resources which the country boasts of. The US boasts of natural resources which are valued at $45 trillion. This is the second greatest value in natural resources that has ever been recorded. For example, the country’s coal reserves account for 31%…

A List Of Natural Resources Produced In The United States And Their Uses

“Natural Resources” The US is home to many natural resources. A wide pool of natural resources can be found in many parts of the United States and account for the country’s ability to lead the list of the world’s market driven economies of the world. Since time immemorial, the country’s industries have thrived on the…

Vitol Group: The Largest Independent Oil Trader

“Largest Independent Oil Trader” The global oil and natural gas sector is home to many iconic names which are in the driving seat of the global solid fuel resources. One of the most notable figures of the oil and natural gas sector is Vitol Group. Having been founded in 1966, it is over 50 years…