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Japan Starts Commercial Fracking for (a Little) Shale Oil

2014-04-08 18:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Wall street Journal: Its hardly North Dakota, but Japans Akita Prefecture is making its own small mark in the oil business. Japan Petroleum Exploration Co.1662.TO -1.15%, or Japex, said this week that it has started commercial production of shale oil in the northern prefecture, the first such case in Japan. Hydraulic fracturingin which sand, chemicals and water are pumped at high pressure down a well to break up dense rock formationshas transformed the U.S. industry. Fracking has allowed companies to access tight...

Tags: japan commercial oil starts

 

Shale Gas Boom Leaves Wind Companies Seeking More Subsidy

2014-04-07 21:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Wind power in the U.S. is on a respirator. The $14 billion industry, the worlds second-largest buyer of wind turbines, is reeling from a double blow -- cheap natural gas unleashed by the hydraulic fracturing revolution and the death last year of federal subsidies that made wind the most competitive of all renewable energy sources in the U.S. Without restoration of subsidies, worth $23 per megawatt hour to turbine owners, the industry may not recover, and the U.S. may lose ground in its race...

Tags: companies gas wind seeking

 
 

Shale industry faces reality check

2014-04-07 01:02:20| BBC News | Business | UK Edition

Is shale gas really the answer to our energy needs?

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Sinopec targeting 10B cubic meters of gas per year by 2017 from Chinas first large-scale shale gas field

2014-04-06 16:30:27| Green Car Congress

Tags: year field gas meters

 

Intertek opens shale oil and gas laboratory in Texas

2014-04-04 01:00:00| Hydrocarbons Technology

Intertek has opened a new laboratory in Elmendorf, Texas, to address its opportunities in the Eagle Ford shale (EFS) market.

Tags: texas gas oil laboratory

 

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