A surge in pipeline capacity for natural gas in the U.S. Northeast this year and next is expected to boost profits for producers and help hold down prices for Midwest and East Coast buyers. The $13.8 billion infrastructure build-out involves seven large pipeline proposals that will take gas in all directions. Producers in the Marcellus…
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China’s Anhui province has shale gas reserves of 3.37 trillion m³, according to a statement published on the provincial government website. The province has delineated eight reserves, while another nine sites have been selected as potential exploration areas, authorities said at the meeting to discuss the Wanjiang Economic Zone geological survey. Geological survey report suggested…
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China’s Sinopec Corp has started building a base for research into shale gas near its largest commercial discovery of the fuel, an industry website reported on Wednesday. The company, looking to cement its position as China’s leading shale gas developer, plans to spend 339 million yuan ($49 million) building the facility near its Fuling shale…
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