NRG Expert Analyst Edgar van der Meer was recently interviewed by TV Channel Russia 24. He offered some insight into the current state of the shale gas market in the United States. “The shale gas market has grown steadily in the US and will likely continue” said van der Meer. “Domestic natural gas prices, though [...]
Tokyo Gas Co entered into a sale and purchase contract with Quicksilver Resources Inc. (QRI) to acquire its working interests in the shale gas development joint venture in US Barnett basin, Texas and forma joint vent. This is the first time for Tokyo Gas to participate in the shale gas development in the US. These [...]
BBC, Financial Times, The Globe and Mail, The New York Times, Reuters, The Wall Street Journal and a number of other global media representatives draw public attention to the signing of the production sharing agreement between Ukrainian government and the Royal Dutch Shell. According to the agreement, Shell and Ukrainian state company Nadra Yuzivska, have [...]
Shenhua Geological Exploration, a wholly-owned subsidiary of China Shenhua Energy Company, has won the tender for the Hunan Baojing Shale Gas Block in the 2012 shale gas exploration concession tender of the Ministry of Land and Resources of China. According to the tender document published by the Ministry of Land and Resources, the Baojing Block [...]
API Vice President for Policy and Economic Analysis, Kyle Isakower, told reporters that an IHS study shows that future unconventional oil and natural gas development will generate large numbers of jobs and new revenue for government in nearly every state: “Shale energy development has transformed the U.S. energy sector and been one of the few [...]
January 11, 2013 | Posted in
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The emergence of exploration for shale oil and shale gas in some EU countries should be backed up with “robust regulatory regimes”, the European Parliament said in two resolutions voted on Wednesday. Member states should also be “cautious” about permitting exploitation of unconventional fossil fuels pending further analysis of whether EU-level regulation is appropriate, say [...]
Gazprom’s Board of Directors took notice of the results of a survey on the shale gas sector development throughout the globe, the company said in a statement. It was mentioned that the core structural units of Gazprom Group continued investigating the progress with shale gas production, Gazprom said. However, the participants of the meeting agreed [...]
With recent technological developments in the west, there are numerous concerns that the Middle East will face challenges in developing its unconventional gas sector. The 2012 Gas Arabia Summit organised by The Energy Exchange aims to address all the issues and provide a blueprint on how to mitigate challenges and build a thriving gas industry. [...]
October 16, 2012 | Posted in
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Representatives from three of the biggest energy companies on the planet debated how to tackle public and political perceptions that have all but halted unconventional and shale gas projects in Europe. Day Three of the Gastech Conference & Exhibition at the ExCeL London, also saw a number of major new contracts signed by top companies [...]
October 11, 2012 | Posted in
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The Utica Shale contains about 38 trillion cubic feet of undiscovered, technically recoverable natural gas (at the mean estimate) according to the first assessment of this continuous (unconventional) natural gas accumulation by the U. S. Geological Survey. The Utica Shale has a mean of 940 million barrels of unconventional oil resources and a mean of [...]
