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UK’s Cuadrilla gets go-ahead to test drill for shale gas; says it will ‘gain’ from low oil price

Britain’s Environment Agency has granted permits to shale gas firm Cuadrilla to carry out exploration at a site in northwest England. The permits set out the conditions Cuadrilla must follow to protect groundwater, surface water and air quality at the firm’s four-well site at Preston New Road, Lancashire, and to ensure the safe storage, management…

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British shale set for real-time monitoring

In a regional first, the British Geological Survey said Thursday independent monitors would study two hydraulic fracturing sites in Lancashire in real time. “This ground breaking research will provide new scientific insight and innovative ways of monitoring the environment impact of shale gas development,” John Ludden, BGS executive director, said in a statement. The British…

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OPEC to continue targeting shale gas producers with price-restraining efforts – Nomura

Richard Koo, Chief Economist at leading financial services firm Nomura believes that OPEC intents to push prices lower to prevent further increases in output of shale gas and other alternative energy sources. “The recent plunge in oil prices has focused attention on stock market volatility and problems in oil-producing countries such as Russia and Venezuela.…

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Dangerous pollutants found in some US conventional & shale oil, gas wastewater

Scientists at Duke University have found high levels of ammonium and iodide in wastewater being discharged or spilled into freshwater streams and rivers from oil and gas worksites located in Pennsylvania and West Virginia, home to the Marcellus Basin shale play. Ammonium and iodide can be potentially hazardous to the environment and human health.  The…

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Output from major US shale oil and gas plays still growing: EIA

Production from the United States’ seven most prolific shale and tight oil regions continues to surge higher and is expected to reach 45.44 Bcf/d of natural gas and 5.52 b/d of oil next month, according to the Energy Information Administration (EIA). The Marcellus Shale will produce 16.32 Bcf/d of natural gas this month and 16.55…

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