shell

Argentina’s YPF, Shell ink $300m deal for Vaca Muerta shale pilot project

Argentina’s state-run oil company YPF SA said it reached a preliminary deal with Royal Dutch Shell to develop oil and gas assets in the Vaca Muerta shale field, involving a $300 million investment from Shell. Each company will take a 50% stake in the Bajada de Añelo field to develop a pilot program, which will be operated…

Details
01_economic-implications-of-gas-drilling-in-marcellus-shale_img03

Pennsylvania health industry pleads with gas lobby to embrace methane controls

A group representing Pennsylvania doctors, nurses and other health care professionals has sent a letter to the Marcellus Shale Coalition, requesting that it stop legal challenges and lobbying against regulations aimed at controlling drilling air emissions and safeguarding public health. The one-page letter to the shale gas drilling industry’s major Pennsylvania lobbying organization states that…

Details
cabot_producing_site03-620×416

Study finds higher methane levels as well sites decline in Marcellus in US

A new study shows that background levels of methane in Northeast Pennsylvania in the U.S. increased significantly at a time when well drilling activity decreased, pointing to leaks of natural gas during production and transportation. Researchers from Drexel University found that atmospheric levels of the potent greenhouse gas increased by 100 parts per billion between…

Details
NEWAM-permian-091616

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…

Details
Fracking_shutterstock_127318166

Scotland’s govt starts fracking and shale gas consultation

The Scottish Government has begun consulting on the future of unconventional oil and gas in Scotland, including on hydraulic fracturing or ‘fracking’, and coal bed methane extraction. Energy minister Paul Wheelhouse said: “As most of Scotland’s unconventional oil and gas deposits occur in and around former coalfields and oil shale fields in Scotland’s Central Belt,…

Details