Claudia Cattaneo of the National Post discusses why shale gas is the place to be: The Obama administration’s endorsement last week of shale gas as a major pillar of its made-in-America energy vision ensures a long-term future for the resource. The big question is: How does the North American sector survive today’s depressed market environment [...]
An alternative source of natural gas is making waves in producer and consumer countries alike, writes Claudio Guler In an article for ISN Security Watch, Guler comments that shale gas is raising expectations of energy independence, improved security and reduced emissions for consumer countries. Read the Full Article
In what turned out to be a near week-long crisis, the major dispute over gas between Belarus and Russia has come to an end. Under the threat of cutting off gas supplies last Thursday, the state-run Gazprom, flexed its monopolistic stronghold on European gas when Russian President Dmitry Medvedev ordered Belarus to pay off a [...]
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Two months after Reliance Industries bought a 40% stake in US-based Atlas Energy‘s Marcellus Shale gas operations for $339 million, the Mukesh Ambani-led company has now set its eyes on a joint venture with Pioneer Natural Resources, writes the Economic Times in India. Alok Agarwal, cheif financial officer at Reliance Industries, says that the US [...]
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The American Spectator explains how, in recent years, the United States is on the way to securing themselves as a “self-sufficient” country when it comes to natural gas. Thanks to developments in the shale gas industry, countries like the United States are accessing more of their own resources at home instead of relying on giant [...]
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The industrial Lublin and Podlasie basins of southeastern Poland are becoming major attractions for global energy giants hoping to tap into new sources for Europe. Companies like Exxon Mobil, ConocoPhillips and Chevron have signed deals or are in negotiations for concessions from the Polish government to explore the region for shale gas, one of the [...]
WASHINGTON, June 29 /PRNewswire-USNewswire/ — As our nation celebrates Independence Day, it is time for America to truly focus on reducing our dependence on energy sources from outside our borders, which is achievable thanks to new discoveries of clean, abundant natural gas here in America. New and plentiful natural gas resources in North America should [...]
Last week, T. Boone Pickens was in Calgary, Alberta and shared with his audience that he expects natural gas (NG-FT ) prices to hit $7 (U.S.) by next year. $7 would be nearly double their current value. Pickens claims that U.S. energy security is his first priority. Mr. Pickens has taken iniatives that are based [...]
EXCO Resources, Inc. is unveiling a newly constructed compressed natural gas vehicle fueling facility at its Vernon Field site located near Chatham, Louisiana this morning. EXCO Board Member T. Boone Pickens will be attending this event and will be speaking about the Pickens Plan and his proposal for improving U.S. energy independence through the use [...]