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Fracking for shale gas can be safe if strictly monitored, claims UK report

2015-07-17 01:00:00| Hydrocarbons Technology

A report published by an independent body funded by oil and gas industry, Task Force on Shale Gas, has claimed that fracking can be safely performed in UK provided there is 'rigorous regulation' in place.

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BHP Billiton takes $2bn impairment charge on US shale assets

2015-07-16 01:00:00| Hydrocarbons Technology

BHP Billiton has taken $2bn impairment charges on its US onshore petroleum assets after one of its Texas gas field became more costly to develop.

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Hydraulic fracturing linked to increases in hospitalization rates in the Marcellus Shale

2015-07-15 23:02:00| Climate Ark Climate Change & Global Warming Newsfeed

ScienceDaily: Hospitalizations for heart conditions, neurological illness, and other conditions were higher among people who live near unconventional gas and oil drilling (hydraulic fracturing), according to new research from the University of Pennsylvania and Columbia University published this week in PLOS ONE. Over the past ten years in the United States, hydraulic fracturing has experienced a meteoric increase. Due to substantial increases in well drilling, potential for air and water pollution posing a health...

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Driven by Shale Development, Oil Field Chemicals Market Reached $25 Billion in 2014

2015-07-15 07:00:00| Coatings World Breaking News

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Shale Revolution Boost U.S. Chemical Industry

2015-07-14 08:32:33| Chemicals - Topix.net

Just a decade ago, the domestic chemical industry was in decline as natural gas prices were high and estimated reserves low. Of the more than 40 chemical manufacturing plants being built worldwide in the mid-2000's of more than $1 billion capitalization, none were under construction in the U.S. Due primarily to the shale gas revolution, the fortunes of the domestic chemical industry have changed radically.

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