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Shale Gas News

Cuadrilla Awarded High Court Injunction
United Kingdom >> 6/1/2018 - At the High Court in Manchester on 1st June 2018, Judge Pelling QC awarded Cuadrilla and local farmers an interim injunction covering its shale gas exploration operations at Preston New Road (PNR), La...
Algeria's Sonatrach Hopes for Exxon Mobil Deal on Shale Gas
Algeria >> 5/24/2018 - Algerian state energy firm Sonatrach is seeking cooperation with Exxon Mobil Corp on shale gas “and more”, Sonatrach’s chief executive said. ...
Union Jack Oil Welcomes Government Statement on Shale Development
United Kingdom >> 5/18/2018 - Union Jack Oil plc, a UK-focused onshore hydrocarbon production, development and exploration company welcomes the Government's support and commitment to our industry as laid out in the Written Ministe...
Exxon, Qatar in Talks for Potential U.S. Shale Gas Deal
United States >> 4/10/2018 - Exxon Mobil Corp is in talks with Qatar over a possible deal that could see the country investing in the company’s U.S. shale gas resources, the Wall Street Journal reported, citing people familiar wi...
Marubeni Sells a Portion of its Shale Oil and Gas Assets in US
United States >> 3/26/2018 - Marubeni Corporation announces that Marubeni, through its subsidiaries, has reached agreements with two independent oil and gas companies in the U.S.A. to sell a part of Marubeni’s interests in the Ea...
Pemex & Lewis Energy Sign a Contract for Shale Gas
Pemex & Lewis Energy Sign a Contract for Shale Gas Mexico >> 3/26/2018 - Petroleos Mexicanos and Lewis Energy Mexico signed the first Integrated Exploration and Extraction Contract (Acronym in Spanish: CSIEE) for the Olmos field, which is located in the state of Coahuila. ...
Japex To Book C$750 Mln Impairment Loss On Its Shale Gas Project For Q3
Canada >> 1/26/2018 - Japan Petroleum Exploration Co Ltd (Japex) said on Friday it would book an impairment loss of C$750 million ($608 million) on its shale gas project in Canada in the October-December quarter. The loss ...
INEOS to Deliver the First Ever US Ethane from Shale Gas to China in 2019
China >> 11/20/2017 - INEOS has announced a long-term supply agreement with SP Chemicals to deliver ethane from US shale gas to China. The agreement, which will see US ethane from shale gas shipped to China for the first t...
Argentina to Extend Gas Production Subsidies to Austral Basin
Argentina >> 11/17/2017 - Argentina will extend subsidies for unconventional natural gas production to the Austral basin in the south of the country, the Energy Ministry said in a resolution published in the official gazette. ...
Carrizo Oil & Gas to Sell its Marcellus Shale Assets
United States >> 10/6/2017 - Carrizo Oil & Gas, Inc. entered into an agreement to sell its assets in the Marcellus Shale to a subsidiary of Kalnin Ventures LLC for $84 million in cash, subject to customary closing terms and condi...
South Africa Karoo Shale Gas Deposits Seen Less Than Earlier Estimates
South Africa >> 9/28/2017 - South Africa’s Karoo basin probably has a 30th of the shale gas deposits that some estimates had suggested, deflating expectations of an energy bonanza, a study published on Thursday said. The finding...
Saudi Aramco to Finish First Shale Gas Project Soon
Saudi Arabia >> 9/27/2017 - State oil giant Saudi Aramco is expected to finish building facilities soon in the north of the kingdom that will allow it to produce shale gas for the first time, industry sources said. ...
Shale Support & Tidewater Logistics Partner to Increase Access to Shale Basins
United States >> 9/26/2017 - Shale Support Holdings, LLC, a leading provider of frac-sands and logistical solutions to the oil and gas proppant market, announced its partnership with Tidewater Logistics. The agreement increases S...
Carrizo Oil & Gas Sells Utica Shale Assets for US$62 Million
United States >> 9/5/2017 - Carrizo Oil & Gas, Inc. provided an update on its operations following Hurricane Harvey as well as announced an agreement to sell its assets in the Utica Shale. ...
Quantum Energy Partners Acquires Acres in Eagle Ford Shale
United States >> 8/24/2017 - Quantum Energy Partners, a leading energy private equity firm, is pleased to announce the formation of Vitruvian Exploration IV with industry veterans Richard Lane, John Thaeler and Brian Rickmers. Su...
Statoil Evacuates Eagle Ford Shale Staff Ahead of Hurricane Harvey
United States >> 8/24/2017 - Statoil ASA is evacuating staff from the Eagle Ford shale region as Hurricane Harvey moves closer to the Texas coast. The Norway-based oil producer is securing its two drilling rigs in the shale regio...
BHP to Quit US Shale Business as Annual Profit Surges
United States >> 8/22/2017 - BHP Billiton, the world's largest miner, reported a surge in underlying full-year profits and said it would exit its underperforming U.S. shale oil and gas business, pleasing disgruntled shareholders ...
Sanchez Energy to Sell Javelina Asset for $105 Million
United States >> 8/17/2017 - Sanchez Energy Corporation has entered into a definitive agreement to sell its Javelina asset in the Eagle Ford Shale for approximately $105 million in cash. The transaction is subject to customary te...
China to Build New Shale Gas Bases & Offer More Oil & Gas Block Tenders
China >> 8/15/2017 - China is likely to build two shale gas bases in the south of the country and open up tenders for more oil and gas exploration blocks in the world's biggest energy producer, the Ministry of Land Resour...
BP Makes Mancos Shale Gas Discovery in New Mexico
United States >> 8/7/2017 - BP has brought online a highly productive natural gas well in the Mancos Shale, highlighting the potential of the New Mexico field to be a significant new source of U.S. natural gas supply. ...

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