Tagged With Shale
China to invest billions in coal-to-gas projects
11 October 2012
China plans to invest $14 billion in four pilot coal-to-gas (CTG) projects in the country as it continues to look for ways to reduce its reliance on imported fuels
BHP presses ahead with US shale gas
3 October 2012
BHP Billiton plans to press ahead with an ambitious US shale-gas agenda despite low natural gas prices and crippling write downs on the carrying value of its onshore assets
Doing the sums
20 September 2012
The economic-fiscal framework for unconventional resources is rapidly evolving, write Pedro van Meurs, Barry Rodgers and Jerry Kepes
$6.9bn sale pushes Chesapeake closer to cash goal
13 September 2012
Cash-strapped Chesapeake Energy is moving closer towards plugging a $13 billion hole in its balance sheet following the $6.9 billion sale of a package of production and pipeline assets in the US
South Africa lifts shale gas ban
12 September 2012
South Africa has lifted its 18-month moratorium on shale-gas exploration, opening the door for Shell and others to start early-stage exploration work in the Karoo basin, but warned that the country’s regulations need to be bolstered before full exploration – including hydraulic fracturing (fracking) – is allowed to go ahead
Shale no cure for Europe's gas habit
11 September 2012
Shale gas could bolster Europe’s energy security and lower prices, but it would do little to reduce the continent’s import dependency even under the most optimistic development scenario, the European Commission has said in a new report
Henan CBM seeking foreign shale partners
7 September 2012
Chinese unconventional gas developer Henan CBM is set to split its Xiushan shale-gas block into four separate prospects that it plans to offer for joint exploration with foreign companies
Australia unconventional energy under threat unless balance found
4 September 2012
Governments need to strike the right balance between community expectations and the development of unconventional resources in Australia to avoid losing billions of dollars of investment, says the Committee for Economic Development of Australia (Ceda)
Marcellus production doubles in 2012
30 August 2012
The Marcellus is poised to become one of the largest producing natural gas fields in the US, with production doubling in the first half of the year
US tight oil to triple by 2020, Wood Mackenzie says
24 August 2012
US tight oil production is on the rise and will approach 4.1 million barrels per day (b/d) by 2020, with as yet unseen implications for global and domestic markets, energy consultancy Wood Mackenzie says
IEA sees North America unconventionals as global bridge
16 August 2012
Shale gas has transformed the North American market, and is now poised to lead the world into a lower carbon future
Shale gas development in Europe requires regulatory certainty
9 August 2012
A lack of regulatory clarity in Europe is hindering shale gas development
Sumitomo teams up with Devon in $1.4bn deal
2 August 2012
Japan’s Sumitomo Corporation has entered the North American natural gas market with a $1.4 billion partnership with Oklahoma City-based Devon Energy
NGLs price plunge forces a rethink
2 August 2012
The last leg of support for North America’s battered natural gas sector appears to be wobbling as prices for natural gas liquids (NGLs) plunge amid a wave of new unconventional supply
Schlumberger strengthens China shale ties
26 July 2012
Oilfield services company to expand Chinese operations after buying stake in Anton Oilfield Services
The importance of shale gas-ification of oil
9 July 2012
Everyone now knows what happened in the US’ natural-gas sector. Strong Henry Hub prices brought a costly, tricky method of gas extraction into the mainstream. Just a few years after US politicians and forecasters were fretting about dwindling reserves and firms rushed to build liquefied natural gas import terminals to capitalise on the inevitable rise in prices, hydraulic fracturing and horizontal drilling unleashed vast new supplies. Production costs tumbled as the drillers honed the technology. The US is now in an age of gas abundance.
Pemex eyeing shale round in late 2013
5 July 2012
Mexico’s Pemex is hoping to launch a shale-gas exploration tender in late 2013 in a bid to attract foreign investors to help it tap the country’s potentially large unconventional oil and gas resources
New-look YPF taking shape
13 June 2012
Argentina’s ‘energy champion’ shrugs off Repsol’s threat of legal action and vows to push ahead with development of Vaca Muerta
Medvedev: ‘US using cheap gas to prop up economy’
8 June 2012
The US government is keeping domestic gas prices lower than the rest of the world in a bid to stimulate its economy, Gazprom’s deputy chairman Alexander Medvedev claimed in a keynote address
E.On sees Europe’s gas future married to renewables
8 June 2012
The future of European gas is married to renewable energy and reforms of the carbon emissions trading system, the head of Germany’s E.On Ruhrgas and E.On Trading said in an exclusive interview with Petroleum Economist
CEE shale gas development 'inevitable'
7 June 2012
Shale-gas development has been slowed across much of Central and Eastern Europe (CEE) by protests from a wary public, but the lure of increased energy independence for the region makes a push for the development of those resources “inevitable”, KPMG has said in a new report
Sasol moves forward with Canadian GTL
7 June 2012
Sasol expects to detail ambitious plans for what would be Canada’s first natural gas-to-liquids (GTL) project later this year
European shale struggles to escape US shadow
31 May 2012
Shale gas holds enormous promise for Europe but the industry must go above and beyond to address social and environmental concerns, argue Michael Holgate and Jay Wagner from Plexus Energy.
Total and Wintershall commit to Argentine shale
24 May 2012
In an early sign that industry interest in Argentina’s shale deposits has not been dimmed by the nationalisation of YPF, Germany’s Wintershall and French major Total announced this week that they had secured a new exploration licence in the country
San Leon adds to Polish shale portfolio
22 May 2012
San Leon Energy, the second-largest licence holder in Poland behind state-run PGNiG, has added another block to its unconventional gas portfolio