Poland reviews shale legislation, again, to attract investment

The Polish government is introducing new regulations aimed at promoting shale gas exploration and future production. “The Polish government has realised that something is going wrong in terms of attracting investments and exploration work in Poland,” Adam Kozlowski, a counsel at the Warsaw branch of law firm Norton Rose Fulbright, told Interfax. “While the government…

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China considers special shale gas zone in Sichuan

China’s Ministry of Land and Resources (MLR) has proposed carving out a special shale gas zone in the Sichuan Basin, where experimental policies could be pioneered to open up the state-monopolised sector to more players, according to a report by Interfax. The idea echoes the special economic zones that China has been creating since 1980…

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Shell pushes South Africa to end four-year shale gas licence delay

Royal Dutch Shell pushed South Africa on Wednesday to decide on its application, now nearly four years old, to explore for shale gas in the Karoo, a semi-desert that may contain some of the world’s largest reserves. Shell’s application in early 2011 for an exploration licence in the Karoo, which the US Energy Information Administration…

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China fines Sinopec for under-spending on shale gas exploration

China’s Ministry of Land Resources (MLR) has fined Sinopec Corp for failing to fulfil spending pledges on a shale gas block, in what a government source said is a move to toughen supervision of oil and gas exploration concessions. China is believed to hold the world’s largest technically recoverable shale gas resources. A lack of…

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Future of US natural gas industry keeps improving: Black & Veatch survey

The US natural gas industry is gathering steam amid changes and challenges that are remaking the business, according to a new survey-based report from Black & Veatch, a global engineering, consulting, construction and operations corporation headquartered in Kansas. Last year the firm’s annual report on the industry described a cautious optimism about likely growth because…

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