Monday 21 April 2014
 
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shale gas

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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Kuwait ‘studying plan to extract shale gas’

Kuwait is investigating a plan to extract shale gas from its northern fields, a Kuwaiti oil sector official said on Wednesday, estimating that the country could produce 150-200 million cu ft per day under the right conditions. Ope

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Saudi to drill 7 shale gas wells

  Saudi Arabia plans to drill about seven test wells for shale gas this year, Minister of Petroleum and Mineral Resources Ali Al-Naimi was quoted as saying.   Shale and other unconventional gas rese

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Shell to abandon Saudi Empty Quarter gas hunt

Royal Dutch Shell is set to pull out soon from a joint venture that has searched for gas in Saudi Arabia's Empty Quarter for years, due to disagreements with the government over terms, four industry sources familiar with the matter said.

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US shale revolution poses dilemma for Europe

  The United States is enjoying an energy bonanza thanks to shale gas, making it a magnet for industry, reducing import dependence and challenging Europe as it battles to dig itself out of recession

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