Tuesday 30 September 2014
 
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shale gas

Chinese energy giants upbeat on shale gas

China's energy heavyweights Sinopec Corp and PetroChina have upgraded their outlook on the country's shale gas industry, citing steadily declining costs, but stopped short of predicting a near-term boom. China, estimated t

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Could shale revive China's flagging oil fields?

"I believe and will prove that our country is not deficient in oil reserves. If I can use my 20-year lifetime in exchange for a large oil field, I will." Those comments, recorded in an illustrated history of the Songliao

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Total plans drilling for shale gas in Denmark

Total plans to drill Denmark's first test wells for shale gas in December or January, the French energy firm said, following its deals to explore for unconventional hydrocarbons in Britain and Russia. Faced with France's b

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ExxonMobil, Turkey in shale gas JV talks

US oil firm ExxonMobil is in talks with state-run Turkish Petroleum Corporation over a venture to explore for shale gas in the country's southeast and northwest regions, a Turkish energy official said. Exxon held talks with TP

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Shale better than green energy to combat climate change

Shale gas offers a cheaper way to replace coal and cut greenhouse gas emissions than renewable power, BP's chief economist said, but dismissed claims that failure to develop it would drive industry out of Europe. The comments

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BP to develop $16bn Oman shale gas project

BP has signed 30-year gas production sharing and sales deals to develop Oman's Khazzan tight gas project at an estimated investment of $16 billion, the UK energy giant and Omani government announced on Monday. The Khazzan gas

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Aramco ready to start shale gas production

Saudi Aramco will join the United States in becoming an unconventional gas producer, as it prepares to commit gas supply to a major power plant project in northern Saudi Arabia, giving it more scope to boost lucrative oil exports.

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US shale gas revolution 'good news for ME'

The impact of America’s shale gas ‘revolution’ is good news for the oil-rich, gas-short Middle East, said experts at the London Business School’s Energy Insights Forum. Energy Insights is the latest in a se

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US shale gas revolution 'good news for ME'

The impact of America’s shale gas ‘revolution’ is good news for the oil-rich, gas-short Middle East, said experts at the London Business School’s Energy Insights Forum. Energy Insights is the latest in a se

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QPI plans to extend Centrica deal in N. America

Qatar Petroleum International (QPI) hopes to extend its new deal with Britain's Centrica by acquiring more gas or tight oil resources across North America, the chief executive said. Centrica and QPI said in April they would bu

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