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They should then recognize the potential for oil shale to play a future role in the security of the country by having the Secretaries of Energy, Interior, Defense and Commerce begin planning for ...
LONDON, Nov 22 (Reuters) - “OPEC is back in the driver’s seat,” John Hess, chief executive of the eponymous oil company, told an investor conference in Miami on Nov. 17, tacitly ...
LONDON, June 12 (Reuters) - Shale gas supporters say it can cut greenhouse emissions by replacing dirtier fuels such as coal, but critics warn it is worsening climate change due to methane leaks ...
But shale’s limited response has emboldened OPEC+ to maintain its own output curbs, temporarily removing the threat of lost market share and accelerating the upward pressure on prices.
Today shale gas accounts for about 20 percent of the natural gas supply, up from 1 percent in 2000. But by 2035 it could grow to 50 percent, as drilling ramps up in Illinois, Michigan and other ...
If the first revolution, Shale 1.0, focused on greater operational efficiency in drilling and pressure pumping to bring costs down, Shale 2.0 will have to focus on better understanding of the ...
While shale gas may become available in China, widescaleproduction is still several years away and is unlikely to be ascheap as U.S. supplies anyway.
Since 2000, U.S. natural gas production has risen by a quarter, with the increase coming mostly from shale gas. From 2000 to 2012, its share of production zoomed from less than 2 percent to 34 ...
LONDON, March 13 (Reuters) - "We believe commercial shale gas extraction should only go ahead in the United Kingdom if it can be objectively demonstrated that the regulatory framework is fit for ...
Researchers from Prof. Quan-You Liu's team at Peking University decoded the complex accumulation mechanisms of China’s ...
Shale sceptics have been confidently predicting since at least 2010, when output was below 300,000 bpd, that production would peak. Only the DMR has struck a defiant and lonely optimistic note.
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