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.
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.
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.
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.
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.
China's shale natural gas development is facing hurdles, experts say, according to UPI.
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.
British lawmakers criticised the government on Friday for unnecessarily delaying development of shale gas, saying it should now encourage companies to come up with more accurate estimates of recoverable reserves, Reuters reports.
WEB EXCLUSIVE, Moscow. Russia's Ministry of Economic Development released a report this month predicting that competition from North American shale gas exports will force Gazprom to lower its export prices by 2016.
The thickness of shale rock in northwest England will allow gas production with minimal disruption above the surface, the head of the explorer aiming to drill in the area said, Bloomberg reports.