ROYAL DUTCH SHELL$64.95
+0.03
| Last Trade: |
64.95 |
| Trade Time: |
May 25 3:59 PM Eastern Daylight Time |
| Change: |
0.03 (0.05 %) |
| Prev Close: |
64.92 |
| Open: |
64.80 |
| Bid: |
64.95 |
| Ask: |
64.96 |
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The widespread adoption of hydraulic fracturing has allowed China to finally begin the steps necessary to tap into its vast resources of Shale gas.
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The Appomattox Discovery has even more hydrocarbon resources than originally thought, and this proves that the Deepwater Gulf of mexico should not be ignored by the industry.
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Apache Corp. has an ongoing investment program in Australia, and has a large inventory of projects in both the exploration and development stages.
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Oil and gas operators are flocking to offshore East Africa as they look for new areas to explore.
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The National Petroleum Council's most recent study concludes that the United States has a huge amount of oil and natural gas. The wild card is whether the nation chooses to develop these resources.
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Anadarko Petroleum plans to spend most of its 2012 capital budget on exploring and developing the onshore United States.
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