The boom in low-cost natural gas obtained from shale is driving investment in plants that use gas for fuel or as a raw material, setting off a race by states to attract such factories and the jobs they create. Shale-gas production is spurring construction of plants that make chemicals, plastics, fertilizer, steel and other products. [...]
A group led by Royal Dutch Shell Plc has agreed to purchase a marine terminal in Kitimat, British Columbia, from Cenovus Energy Inc., for use as a possible site for a liquefied natural gas export terminal. The Kitimat Marine Terminal, located on the Pacific Coast could be primed for the delivery of LNG to Asian [...]
Natural gas development in the U.S. will depend not only on what happens in Washington and in statehouses across the country. It could be shaped in part by what happens in a big antelope-dotted field south of this remote valley town. Shell Oil Co. and others are taking steps – some required and others voluntary [...]
In a grim forecast, the Conference Board of Canada has said the country’s natural gas output is all set to slump over the next five years, following declining production in conventional fields and increasing apprehensions whether the new shale reserves will be able to bridge the gap. Alberta’s gas output is projected to fall by [...]
Rejecting what it called an “inaccurate and misleading article,” Chesapeake Energy Corporation struck back at the New York Times. In this past Sunday’s edition, the Times accused the Chesapeake of exaggerating the productivity of shale gas wells and industry reserve estimates of future well performance. Aubrey K. McClendon, Chesapeake’s Chief Executive Officer, commented, “Chesapeake stands [...]
Matthew Scotland, Energy Reports Writer, Visiongain provides an overview of The Shale Gas Market 2011-2021 The amalgamation of hydraulic fracturing and horizontal drilling technologies in the 1980s enabled the US to become the pioneers of commercial shale gas production. Although the first shale gas well was drilled in 1821, the technical and economic feasibility of [...]
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In the early months of 1930, the United States patent office recognized an intriguing bit of hydrocarbon alchemy perfected by a pair of German scientists. Franz Fischer and Hans Tropsch had figured out a better way to turn coal into a liquid fuel – an advance that would later become a pivotal source of Nazi [...]
7:31 pm | Posted in
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Oil prices may have stormed back into the headlines by crossing the ominous $100 a barrel threshold in recent weeks. But while this has happening the world’s largest oil and gas companies have been banging the drum for an altogether less newsworthy fuel–natural gas. ExxonMobil, Royal Dutch Shell and now BG Group have been arguing [...]
9:42 am | Posted in
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Shell is working to produce more natural gas and by 2012 our production will be more gas than oil, with production of gas trapped tightly in rock pores, known as tight gas, becoming a rapidly growing part of the picture. Tight gas is natural gas held in rock pores up to 20,000 times narrower than [...]
Oil major Royal Dutch Shell plans to explore for shale gas in South Africa’s Karoo Basin, it said in an advertisement in the Sunday Times newspaper. The company said it had applied to Petroleum Agency South Africa for exploration rights in the South Western Karoo Basin to assess viable unconventional gas resources. Precise sites within [...]
10:15 am | Posted in
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