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Australia’s Battle of Beetaloo

Some are calling it the Battle for Beetaloo. Beetaloo is an energy-rich El Dorado, a little known region in the remote Australian outback which, according to miners, can solve Australia’s natural gas problems for the next 30 years if not longer. Energy poor Asia is also hungry for its hidden riches even if caring even less…

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Flexible US shale industry is changing world gas trade

A cargo of LNG hauled from Louisiana in late December has become a symbol of how global trade is changing for a fuel increasingly seen as a cheap, cleaner-burning option for countries from Latin America to China and India, Bloomber reports. The tanker Maran Gas Achilles passed through the Panama Canal and was headed toward Asia at…

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China’s Anhui province has 3.7 trillion cubic metres of shale gas reserves: Report

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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U.S. energy firms descend on West Texas’ Permian Basin as oil recovers

In most U.S. shale oil regions, energy firms are making strategic but cautious bets as the price of oil holds above $50 a barrel. In the Permian Basin of West Texas, the largest U.S. oil patch, the industry poured more than $28 billion into land acquisitions last year – more than triple what they spent…

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US ‘must take advantage of the estimated $50 trillion in untapped shale, oil, natural gas reserves': Trump Policy

Shortly after the inauguration of President Donald Trump, the White House posted the administration’s “America First Energy Plan” on its website. While lacking specifics about how the plan will be implemented, the plan does lay out a foundation for US energy policy for at least the next four years. Key highlights from the plan include: Eliminating “harmful…

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