Search for shale gas

15.05.2013 Plans to Increase U.S. Exports of LNG Could Accelerate Fracking Boom

A domestic boom in natural gas already has lowered U.S. energy prices while stoking fears of environmental disaster, AP reports. Now U.S.

15.05.2013 Oil Shockwaves From U.S. Shale Boom Seen by IEA Ousting OPEC

The U.S. shale boom will send “shockwaves” through the global oil trade over the next five years, benefiting the nation’s refiners and displacing OPEC as the driver of supply growth, the IEA said, according to Bloomberg.

14.05.2013 U.S. LNG Projects Eye Asian and European Customers Post-2016

WEB EXCLUSIVE, Moscow. In a new report, the U.S. Energy Information Agency (EIA) predicts that the United States will become a net LNG exporter as early as 2016.

10.05.2013 U.S. Raises 2013 Natural Gas Production Forecast by 0.8%

The U.S. raised its natural-gas production outlook for 2013 for the first time in three months amid gains from onshore wells, Bloomberg reports.

10.05.2013 U.S., South Korea Eye Shale Gas Opportunities

The U.S. and South Korean governments will explore possibilities of sharing knowledge from the shale natural gas sector, the U.S. Energy Department said, UPI reports.

10.05.2013 Big Oil Companies Won't Pursue Polish Shale

International oil companies don't have the patience to explore for shale natural gas in frontier territory like Poland's, an executive said, UPI reports.

03.05.2013 UK Shale Companies Target 40 Wells to 2015

Explorers are targeting the drilling of upwards of 40 exploratory wells in the UK's search for commercially viable shale gas, Natural Gas Europe reports.

03.05.2013 UK Shale Gas Firms Plan Make-or-Break Drilling Effort

Britain's shale gas companies plan to drill at least 20 to 40 exploration wells over the next three years to test the production potential of newly discovered deposits, making or breaking hopes of a full-scale drilling boom, Reuters reports.

02.05.2013 China's Shale Development Faces Obstacles

China's shale natural gas development is facing hurdles, experts say, according to UPI.

01.05.2013 Argentina Billionaire Plots to Beat Chevron to Largest Latin Shale

Argentina’s Eurnekian family, after becoming billionaires from media and airports, is planning to become the government’s first shale oil and gas partner, Bloomberg reports.