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Tag: shale gas
UK: Tax Cut for Shale Gas Firms Planned
2013-07-19 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: The government has outlined plans to give tax breaks to companies involved in the UK's nascent shale gas industry. It has proposed cutting the tax on some of the income generated from producing shale gas - found in underground shale rock formations - from 62% to just 30%. The plans would make the UK the "most generous" regime for shale gas in the world, the government said. But they have been criticised by environmentalists, with Friends of the Earth calling them a "disgrace". Greenpeace...
Tax cut for shale gas firms planned
2013-07-19 01:08:25| BBC News | Business | UK Edition
The government outlines plans to give tax breaks to companies involved in the UK's shale gas industry, but faces criticism from environmentalists.
Chevron and YPF to develop shale oil and gas assets in Neuquén province, Argentina
2013-07-18 01:00:00| Hydrocarbons Technology
A Chevron subsidiary has signed an agreement with Argentine oil company YPF to develop shale oil and gas resources on Vaca Muerta formation in the Neuquén province, Argentina.
Tags: develop
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argentina
oil
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...
Tags: put
french
president
gas
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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