Saudi Arabia steps in to, unintentionally, support US shale

Things are looking up in Shalelandia these days. Oil prices, despite the most recent drop, have stayed close to $50 a barrel. Rig-counts and production are rising. Even Saudi Arabia is looking discombobulated. Lest we forget, though, the chief reason things are looking up is because E&P companies fell way down. Back in October, Gadfly surveyed the financial…

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Fast growth, capacity on track for northeast US shale gas pipelines

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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Overview of South Africa’s readiness to support the shale gas industry

The discovery and exploitation of very large shale gas reserves in countries like the US have transformed the energy market. South Africa may also possess potentially large resources of shale gas. This could have a significant positive impact on the country’s energy balance should it be decided to exploit these resources. The exploitation of these key…

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