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Oil prices slide as US shale drillers adjust to lower prices

2016-07-11 01:00:00| Offshore Technology

Oil prices have dropped due to signs that shale drillers in the US have adjusted because of lower fuel rates and renewed indications of Asian economic weaknesses.

Tags: prices lower oil slide

 

Time for Utah to let go of oil shale dreams

2016-07-10 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

High Country News: Ever since the 19th century, Westerners have been trying to extract oil from the vast oil shale deposits that lie trapped in rock under our public lands. Every attempt to do so has failed; in fact, so much money has been wasted that it has inspired the ironic tagline: "Oil shale, fuel of the future--always has been, always will be." But now, an Estonian energy giant is attempting to prove history wrong. It plans to construct a large oil shale mine and power plant in northeastern Utah, less than...

Tags: time oil dreams utah

 
 

CCC says shale gas exploitation by fracking in UK requires three key tests to be met

2016-07-08 01:00:00| Hydrocarbons Technology

A new report by the Committee on Climate Change (CCC) has revealed that shale gas exploitation by fracking in the UK can go ahead if three key tests are met on methane leaks, gas consumption and carbon budgets.

Tags: to key met requires

 

National Fuel Announces Extension Of Marcellus Shale Joint Development Agreement With IOG Capital

2016-06-13 10:29:09| chemicalonline Home Page

National Fuel Gas Company(“National Fuel” or the “Company”) announced recently that Seneca Resources Corporation (“Seneca”), its wholly owned exploration and production subsidiary, and IOG CRV - Marcellus, LLC ("IOG"), an affiliate of IOG Capital, LP ("IOG Capital"), and funds managed by affiliates of Fortress Investment Group LLC ("Fortress"), have agreed to a modified extension of their joint development agreement, which includes a commitment to develop additional Marcellus Shale natural gas assets located in Elk, McKean and Cameron counties in north-central Pennsylvania

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Antero Resources to acquire Marcellus Shale assets in West Virginia, US

2016-06-13 01:00:00| Hydrocarbons Technology

Antero Resources has signed an agreement to acquire about 55,000 net acres in the core of the Marcellus Shale in West Virginia, US, from Southwestern Energy for $450m.

Tags: us resources west virginia

 

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