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2016-12-29 18:30:00

U.S. SHALE DRILLERS UP

U.S. SHALE DRILLERS UP

REUTERS - U.S. shale drillers are set to ramp up spending on exploration and production next year as recovering oil prices prompt banks to extend credit lines for the first time in two years.

The credit increase is small, but with major oil producers worldwide aiming to hold down production in 2017, U.S.-based shale drillers are looking to boost market share to take advantage of higher prices, and greater availability of capital will make that easier.

North America-focused oil…

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Tags: USA, SHALE, OIL, GAS, DRILLING, INVESTMENT
Chronicle:
U.S. SHALE DRILLERS UP
2019, August, 16, 10:10:00
MALAYSIA'S GDP UP 4.9%
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2019, August, 14, 12:25:00
OIL PRICE: NEAR $61 YET
Brent crude was down 46 cents, or 0.8%, at $60.84 a barrel at 0639 GMT, after rising 4.7% on Tuesday, the biggest percentage gain since December. U.S. oil was down 62 cents, or 1.1%, at $56.48 a barrel, having risen 4% the previous session, the most in just over a month.
U.S. SHALE DRILLERS UP
2019, August, 14, 12:20:00
CHINA'S OIL THROUGHPUT UP 5.6%
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U.S. SHALE DRILLERS UP
2019, August, 14, 12:15:00
MENA ENERGY INVESTMENT: $859 BLN
Oil, gas and petrochemical projects, valued at more than US $859 billion, are either underway or planned in the Middle East and North Africa, MENA, of these US $283 billion are projects are being implemented, as the region gets ready to meet the forecast increases in demand for energy over the next two decades.
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2019, August, 14, 12:10:00
INDONESIA NEED INVESTMENT $15 BLN
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2019, August, 14, 12:05:00
IBERDOLA SALES WIND: $2 BLN
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2019, August, 14, 12:00:00
AUSTRALIA'S CLIMATE CASH $339 MLN
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