Blackstone unleashes cash hoard in Texas shale oil land grab
Blackstone Group LP is partnering with two oil and gas companies as it targets assets in the sought-after Permian shale formation.
shale
Chesapeake gives Barnett Shale holdings to private-equity backed operator
Chesapeake Energy agreed to give away its Barnett Shale holdings to a private-equity backed operator, exiting the birthplace of the shale revolution to escape almost $2 billion in onerous pipeline contracts.
Ineos hails shale gas “renaissance”… but Scotland must be engaged
The first shipment of shale gas from fracking is to arrive in Scotland within weeks, Ineos bosses confirmed as they hit out at the Scottish Government’s “absurd” moratorium on the controversial practice.
First shipments of US shale expected in Scotland within weeks
The first shipments of shale gas imports from the US are expected to arrive in Scotland within weeks, according to reports.
One nook of America’s shale industry is eyeing a big comeback
Amid the gloom and doom that’s set in all along America’s shale fields these past two years, there has been one small, but consistent, bright spot. Sand, it turns out, is a much greater tool in hydraulic fracking than drillers had understood it to be. Time and again, they’ve found that the more grit they pour into horizontal wells -- seemingly regardless of how extreme the amounts have become -- the more oil comes seeping out.
Ineos takes further step to fracking in England with seismic surveys
Fracking in Northwich has moved one step closer with Ineos revealing plans to move into its next phase.
Pro-shale group launched in England
A new pro-shale gas group has been launched in England.
Firm created by Emerstone wins Ukraine shale contract after Shell pulls out
A company which was set up by investment fund Emerstone Energy has won a contract for shale gas exploration in Ukraine after oil major Shell withdrew from Ukraine.
Ineos said to be planning up to 30 applications for fracking
Petrochemicals giant Ineos is said to be planning to lodge as many as 30 applications to drill test wells in the next six months, according to reports.
Shale revolution extended to old wells seen unleashing more oil
US oil explorers are yet to fully reap all the rewards of horizontal drilling techniques that helped trigger the shale boom, research firm IHS Markit Energy said.
IGas looks for new investors as oil price recovery helps position
IGas, one of the leading producers of hydrocarbons onshore in Britain, has revealed it is in talks with a number of potential investors.
China cuts crude production by most in 15 years
China cut crude production by the most in 15 years as producers shut higher cost fields.
Shale King Hamm fracking unfinished oil wells after rally to $50
Continental Resources Inc. is fracking again.
Minor earthquakes recorded close to Oklahoma shale basins
Four minor earthquakes have been reported in and around shale reserve basins in Oklahoma, according to the US Geological Survey.
Government remains ‘deeply sceptical’ on fracking, as Tories step up pressure
The Scottish Government has said it remains deeply sceptical about fracking as the Tories called on ministers to ignore the “left wing cabal” which is said to be holding back a £33 billion job-creating industry.
Dana Gas CEO expects ‘bumpy road’ for oil as shale sets floor
The oil market is heading for a “bumpy road” with prices close to levels that are profitable for U.S. shale producers, according to Patrick Allman-Ward, chief executive officer of Dana Gas PJSC, which produces natural gas in Egypt and Iraq.
Opinion: Still a long way to go for the UK’s shale gas industry
Whilst this is undoubtedly a significant decision for the nascent shale gas industry, as many in the industry will appreciate, not least Third Energy, there is still a very long way to go before the UK is in a position to demonstrate a credible and sustainable scale of shale gas supply.
Ryedale fracking application approved
An application to carry fracking in England for the first time in four years has been granted.
US still top oil and gas producer in 2015
The US remained the world's top producer of petroleum and natural gas last year, according to new data from the country's Energy Information Adminstration (EIA).
Concerns over North Yorkshire being known as ‘fracking capital of UK’
Objectors to a controversial application to frack for shale gas in North Yorkshire have told councillors they do not want the county to become known as the “fracking capital of the UK”.
Tech Tuesday: University uses isotopes to date oil spills
Scientists are using radioactive isotopes to offer a geological snapshot of the past and help oil companies track gas and wastewater spills from fracking operations.
Third Energy gets fracking approval in North Yorkshire village
Fracking on fields near the North York Moors National Park has been given the green light for approval by a crucial report despite fierce opposition.
Minister pressed to promise residents’ fracking wishes ‘will not be overidden’
Communities which reject fracking projects should receive the same protections by ministers as those who successfully campaign against wind farms, Labour has said.
Billionaire Ruias seek to pump India’s first shale natural gas
Essar Oil Ltd. has approached the government for permission to further explore shale formations in its eastern India coal-bed methane block as part of its effort to maximize the production of unconventional resources.
Sturgeon accused of taking “flight from reason” on fracking stance
A former Scottish Government adviser has accused First Minister Nicola Sturgeon of "taking flight from reason" after hardening her stance against fracking.