The US is most likely to export its shale gas to Asia instead of Europe, for the prices are more attractive in the former, Russia’s Ambassador to the EU Vladimir Chizhov told the international high-level conference on European energy policy, held in Bruges on April 24, I
Officials of US company Chevron said the company would start the effective exploration of share gas deposits in Vaslui-based region at Pungesti within two weeks, Romania’s The Diplomat reported on April 8. The drilling process will take three months.
IGas said it had detected the gas in samples from its test well at Barton Moss, BBC reported on April 1. Drilling will now stop while the samples are analysed, which is likely to take six months, the company said.
Japan's second-biggest utility, Kansai Electric Power Co, said it had signed a 20-year contract to buy 400,000 tonnes per year of U.S. Cameron liquefied natural gas (LNG) from trader Mitsui & Co at U.S. Henry Hub-linked prices, Reuters reported on April 1.
On March 31st 2014, Polskie Górnictwo Naftowe i Gazownictwo SA and Chevron Polska Energy Resources signed a collaboration agreement for shale gas exploration in south-eastern Poland, PGNiG’s press office has said.
Sinopec,announced on March 24 that the company has made a significant breakthrough in the exploration and development of shale gas reserves in Chongqing, China Daily has reported.
China has made progress in developing shale gas equipment with core technologies, industry insiders said on March 24, Xinhua has reported.
Ukrainian environment minister Andry Mokhnyk and Chevron representatives on March 13 discussed exploration at the Olesskaya shale gas field in the regions of Lvov and Ivano-Frankovsk, the ministry has said on its website.
The Polish cabinet has approved a belated draft law that will offer a six-year tax break for companies involved in the extraction of shale gas, PAP reported on March 12.
China is likely to beat its shale gas production target in 2015, after one of the country's major oil firms moved a step closer in tapping into the new energy, Xinhua reported on March 2.