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If Centrica is prepared to risk earthquakes in Blackpool, big oil will want a share of shale
2013-06-16 01:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Observer: Expect to see more big names from the oil industry, such as Shell, ExxonMobil and Statoil, moving into the British shale sector now that one of their competitors Centrica has taken the plunge. The international companies have always taken a keen interest in the UK fracking scene, despite endless statements from their chief executives that there are better prospects in China and elsewhere. There is some speculation this weekend that the reason Centrica paid a fairly toppy price for the stake...
New research identifies fracking as not significant cause for earthquakes
2013-04-11 01:00:00| Hydrocarbons Technology
A new research published in the Journal of Marine and Petroleum Geology has said that fracking is not an important cause for earthquakes that can be felt on the surface.
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Fracking does cause earthquakes - but you'll hardly feel them
2013-04-10 08:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Telegraph: The controversial technique blasts water into rocks to open up cracks and free up the shale gas, an energy source supporters say heat homes in Britain for 100 years. Opponents say the process can open up faultlines and cause earthquakes. But a new study, published in Marine and Petroleum Geology, found only three earthquakes that people can actually feel have been caused so far, out of hundreds of thousands of wells drilled since 1929. Most of the tremors caused by fracking will be undetectable...
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Natural Gas Extraction Triggering More Earthquakes in Netherlands
2013-03-27 18:04:00| Climate Ark Climate Change & Global Warming Newsfeed
Yale Environment 360: Extraction of natural gas from the deep soil in a region of the Netherlands has triggered an increase in minor earthquakes, similar to seismic effects that have raised concerns about drilling operations, including hydraulic fracturing, in other countries. While the extraction of gas has occurred for decades in the northern Netherlands, including in the province of Groningen, quakes have become more frequent in the last few years, the New York Times reports. The region experienced as few as 20 quakes...
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Fracking provides energy, jobs, and earthquakes?
2013-01-31 15:11:00| Climate Ark Climate Change & Global Warming Newsfeed
NBC: The United States has been called the Saudi Arabia of natural gas -- by President Barack Obama no less -- and in some of the economically hardest hit areas in this country there are signs of recovery. Across America natural gas exploration has opened the job market with tens of thousands of good paying jobs with benefits and 401Ks. To get all that gas, however, the industry uses a method known as hydraulic fracturing or "fracking,' and some worry if it's safe. Rock Center's Harry Smith visited...
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