$3.7B Gas Pipeline Would Combat Permian Flaring
The Permian Global Access Pipeline would extend from the Waha gas hub in Pecos County, Texas, to Gillis, La. Tellurian Inc. reported Monday that it is holding a binding open Continue Reading
The World’s Cheapest Natural Gas
Natural gas prices fell into record negative territory in the Permian basin, dragged down by booming oil production and a limited ability to move gas out of the region. Unlike Continue Reading
Shale boom cuts price of gas to record low
In west Texas last week, you could not give gas away, as prices dropped to record lows. Companies trying to offload natural gas at the Waha hub, in the booming Continue Reading
Exxon Shale Deal With Algeria Falls Victim To Protests
Exxon’s negotiations with Algeria for the development of local shale gas resources are being delayed because of the widespread anti-government protests in the North American country, Reuters reported this week, Continue Reading
Are Investors Finally Waking up to North America’s Fracked Gas Crisis?
The fracked gas industry’s long borrowing binge may finally be hitting a hard reality: paying back investors. Enabled by rising debt , shale companies have been achieving record fracked oil Continue Reading
No plans to review gas fracking rules: British government
Britain’s government has no plans to review regulations for fracking gas in the country, it said on Thursday, following calls from industry to revisit the rules. Chemical giant Ineos and Continue Reading
Tests at Cuadrilla’s British fracking site show substantial gas flows
Tests of the first shale well at Cuadrilla’s site in northwest England show a rich reservoir of high quality and recoverable gas, the British firm said on Wednesday, adding that Continue Reading
UK Oil Company Asks Govt To Amend “Unworkable” Fracking Rules
UK’s oil, gas, and chemicals group Ineos called on the UK government on Monday to either lift the seismicity limit on fracking from a currently “unworkable” and too-low ceiling, or Continue Reading
Shock wave plan to mine shale gas in quake zone
China is planning to apply the same technology used to detonate a nuclear bomb over Hiroshima during the second world war to access its massive shale gas reserves in Sichuan Continue Reading
Experts say it’s safe to raise limit for tremors at Britain’s fracking sites
Britain could safely raise the limit for tremors at gas fracking sites, two seismologists said on Tuesday. Fracking at Cuadrilla’s Preston New Road site in Lancashire, northwest England was halted Continue Reading