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South Africa Shale Pits Shell Against Sheep Farmers

2013-08-27 01:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Royal Dutch Shell Plc (RDSA)s shale gas drilling plans for South Africas Karoo semi-desert are pitting the government and its energy goals against farmers and conservationists like billionaire Johann Rupert who say the land will be spoiled. The government estimates enough gas can be discovered to generate 1 trillion rand ($100 billion) of sales within three decades and help bring a country that imports 70 percent of its crude oil needs closer to supplying its own energy demand. Landowners are...

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Estonia becomes self-sufficient on shale gas boom

2013-08-25 11:53:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: "We are the most energy independent country in the European Union, and we will not compromise our energy security. We have a large neighbour,' said Juhan Parts, the economy minister. It is the same story wherever you go across Eastern Europe: the fuel debate comes down to Vladimir Putin's Russia, and Gazprom's stranglehold on gas supplies. Global warming inevitably plays second fiddle. "Estonia is not rich enough to experiment with immature technologies,' said Mr Parts. "Even if we had to invest...

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Louisiana shale site runs into issues

2013-08-25 07:45:04| Oil & Gas - Topix.net

It's been three years since energy companies began leasing hundreds of thousands of acres in the Tuscaloosa Marine Shale, hoping to cash in on the mother lode: 7 billion barrels of recoverable oil.

Tags: site issues runs louisiana

 

YPF and CNOOC to explore shale fields in Argentina

2013-08-23 01:00:00| Hydrocarbons Technology

Argentine oil company YPF is planning to sign an agreement with China National Offshore Oil (CNOOC) to explore and develop shale oil and gas resources on the Vaca Muerta oil field in the Neuquen province.

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Poland's shale drive will transform Europe, if it does not drop the ball

2013-08-22 15:36:57| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: Another branch of the same US government - the US Geological Survey - says there is "essentially nothing" in the Silurian shale corridor from Gdansk to western Ukraine, the great treasure that was supposed to free Eastern Europe from the stranglehold of Russian gas. If America's experts cannot agree, it is no surprise that Poland has become the wishful-thinking battleground of Continental Europe's fracking wars, each side able to cherry-pick authority and make any hyperbolic claim it likes. "We...

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