Tag Archives: shale

China is struggling to tap its vast shale gas reserves

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Insight: Russia’s Bazhenov – a long, slow shale oil revolution

TYUMEN, Russia (Reuters) – Forty-five years after its accidental discovery deep under the swamps of West Siberia, the race is now on to develop the world’s largest shale oil resource, Russia’s Bazhenov.

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Mexico’s Pemex sees profits from shale gas on rising prices

MEXICO CITY, Oct 1 (Reuters) – Mexico’s massive shale gas deposits could be profitably extracted if North American natural gas prices continue rising toward $ 4 per million cubic feet, an official with state oil monopoly Pemex said on Monday.

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UPDATE 4-Chesapeake Energy sells shale assets, pipelines for $6.9 bln

* To sell Permian acreage to Shell, Chevron * Pipeline network sold for $ 3 billion * Utica acreage sold for $ 600 million * Reached 85 percent of 2012 asset sale goal-CEO * Chesapeake…

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Shale gas failure offers rescue for EU green energy drive

BRUSSELS/LONDON, Aug 23 (Reuters) – Europe has been unable to repeat the shale gas revolution that has swept the United States, and that could prove to be the unlikely saviour of long-term EU efforts…

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Can the shale gas boom save Ohio?

The help-wanted sign is out in Canton, Ohio, for Chesapeake Energy. The company that has led the charge in shale gas drilling is looking for truck drivers with licenses for hazardous materials, a purchasing coordinator for oil field equipment, a … Continue reading

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Poland may tax shale gas in 2015, official says

WARSAW, Feb 22 (Reuters) – Poland may tax shale gas production as of 2015, an official said on Wednesday, as the country hopes future extraction of the commodity would generate fresh state budget revenues on top of boosting its energy … Continue reading

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