Estonian company Enefit is giving up its federal oil shale leases in eastern Utah, signaling once again that Utah shale may never overcome the obstacles to becoming a commercial source of energy.

Environmentalists cheered the end of Enefit’s oil shale venture in Utah. “It would have had, without being hyperbolic, a catastrophic environmental and public health impact,” Toll said.

The steep drop in output from US shale wells is turning out to be worse than expected, forcing oil drillers to work even harder to keep production from slipping, research firm Enverus said in its ...

President Trump, who promised to uplift oil and gas, is set to preside over a decline in shale production. Drillers that made the U.S. the world’s top oil producer say they are hitting the ...

Crude prices lingering below $65 are benefiting U.S. consumers at the pump, but they’re squeezing shale producers. Key shale players like Diamondback, Liberty, and Coterra are cutting production ...

“Out here on the Western Slope, oil shale will always be the fuel of the future,” Spehar said. Shell on Tuesday announced plans to build a $12.5 billion plant in Louisiana that would turn ...

Indeed, the American shale boom has been a source of excitement as it has been a source of new jobs, economic growth, and energy independence. But with oil and gas prices crashing, ...

America’s prolific shale basins are running out of their best wells, but Argentina’s Vaca Muerta is just getting started. Will pro-business regulation be enough to start a shale boom there ...