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Pioneer Natural Resources sells interest in Wolfcamp Shale assets

2013-06-03 10:00:00| Hydrocarbons Technology

US-based Pioneer Natural Resources has completed the divestment of its 40% interest in the horizontal Wolfcamp Shale play in the southern portion of the Spraberry Trend Area Field for about $1.7bn, to Sinochem Petroleum USA, a subsidiary of Sinochem

Tags: resources interest natural assets

 

UK 'has huge shale gas resources'

2013-06-03 01:55:43| BBC News | Business | UK Edition

One of the energy firms hoping to exploit the UK's resources of shale gas says it may be sitting on significantly more gas than previously thought.

Tags: resources huge gas shale

 
 

The shale revolution and its unintended side effects

2013-06-01 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: "Drill, baby, drill" has been replaced by "Frack, baby, frack." That's supposed to be good for the planet, because fracking - the hydraulic fracturing of rock formations such as shale - releases great dollops of gas, whose carbon content is about half of that of oil. So bring it on. Electricity plants, cars, trucks and furnaces fed by gas should bring down carbon-dioxide emissions, preventing humanity from burning alive as global temperatures rise. Or so we are led to believe. The terms...

Tags: side effects revolution unintended

 

Marcellus Shale, a Look at Fracking, at La MaMa

2013-05-30 14:26:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: In Paul Zimet's "Marcellus Shale," when the church ladies get together to pray for "those who are sick and suffering," the list of names goes on and on and on. Auggie (Joel Leffert), whose cows all died, has been in a wheelchair since his stroke and spends his days watching television and reading Ayn Rand. Eugene (Harlan J. Alford) has to use an oxygen tank to breathe but insists that fracking (hydraulic fracturing) has had no effect on the drinking water; his ill health, doctors assure him, is...

Tags: la mama shale marcellus

 

Barclays: Shale Energy Economic Effect Modest To Date

2013-05-29 17:00:00| OGI

However, analysts say there is good reason to expect a positive GDP impact in years to come.

Tags: date effect energy economic

 

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