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Chevron and YPF sign $1.5 billion shale oil deal

2013-07-17 01:39:49| Oil & Gas - Topix.net

Masked demonstrators holding sticks march toward Argentina's state-controlled YPF oil company headquarters to protest a deal between YPF and the U.S. oil company Chevron in Buenos Aires, Argentina, Tuesday, July 16, 2013.

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Bowland Shale fracking could reignite UK economy and cut CO2 emissions

2013-07-16 15:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: In late June the British Geological Survey announced the world's largest shale-gas field. The Bowland Shale, which lies beneath Lancashire and Yorkshire, contains 50% more gas than the combined reserves of two of the largest fields in the United States, the Barnett Shale and the Marcellus Shale. The United Kingdom has been reluctant to join the hydraulic-fracturing (or fracking) revolution. Yet tapping the Bowland Shale could reignite the UK economy and deliver huge cuts in CO2 emissions. At...

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French President insists shale gas ban is staying put

2013-07-15 12:22:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: French President Francois Hollande has sought to end speculation France could soften its controversial moratorium on shale gas development, stating unequivocally that the ban will remain in place as long as he remains in office. A French court is due to rule this week on an appeal against the ban on fracking, after developer Schuepbach Energy sought to challenge to 2011 moratorium. The ruling comes following a debate within the government over whether to rethink the policy. French Industry...

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France insists no U-turn on shale

2013-07-15 09:17:45| BBC News | Business | UK Edition

French President Francois Hollande again rules out exploration for shale gas during his presidency.

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France's top court to review law banning shale gas fracking

2013-07-12 19:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: France's top court said it would examine a challenge to a law that bans hydraulic fracturing, the drilling technique used to produce shale gas and oil. U.S. firm Schuepbach Energy, which held two exploration permits that were canceled in 2011, has contested the law. The Constitutional Council, made up of judges and former French presidents, has the power to annul laws if they are deemed to be unconstitutional. "It is now up to the Constitutional Council to decide whether the law is constitutional,...

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