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Chevron to exit Australian shale gas as refining venture sold

2015-03-28 03:16:29| Oil & Gas - Topix.net

Chevron abandoned Australian shale exploration and said it will sell its 50 percent stake in that nation's largest oil refiner. San Ramon-based Chevron notified Beach Energy, its partner in the central Australian shale project, that "the opportunity does not align strategically" with the U.S. explorer's portfolio, according to a statement Friday from Beach.

Tags: sold gas australian exit

 

Oil council: Shale won't last, Arctic drilling needed now

2015-03-27 16:51:52| Oil & Gas - Topix.net

The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a study submitted Friday. The U.S. has drastically cut imports and transformed itself into the world's biggest producer of oil and natural gas by tapping huge reserves in shale rock formations.

Tags: now needed council oil

 
 

Oil council: Shale won't last, Arctic drilling needed now

2015-03-27 16:38:45| Energy - Topix.net

The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a study submitted Friday. The U.S. has drastically cut imports and transformed itself into the world's biggest producer of oil and natural gas by tapping huge reserves in shale rock formations.

Tags: now needed council oil

 

Judge rules shale gas pipeline can cross holdout properties

2015-03-20 17:08:23| Energy - Topix.net

The companies backing a 124-mile pipeline designed to ferry cheap Marcellus Shale natural gas to New York and New England can build across seven northeastern Pennsylvania properties whose owners had not agreed to it, a judge ruled. U.S. District Judge Malachy Mannion ruled that the Constitution Pipeline has the necessary permits from the Federal Energy Regulatory Commission and that it serves the public interest by providing additional natural gas pipeline capacity.

Tags: rules cross properties gas

 

Data mining the shale plays

2015-03-18 19:05:47| Oil IT Journal - www.oilit.com

Ryder Scott reports on Baker Hughes' "boosted tree" multivariate big data analytics.

Tags: data plays mining data mining

 

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