After Repsol reparation, Argentine Govt looks to new investment for Vaca Muerta shale

Two years after seizing the country’s biggest energy company from Spain’s Repsol, Argentina hopes a new compensation deal will lure more foreign investment to what may be some of the world’s most promising shale oil and gas prospects. But the deal ending a bitter dispute between Argentina and the Spanish oil company will likely prove…


Rising natural gas prices in eastern Australia spur investigation of new pipeline links

The APA Group, which owns and operates natural gas pipelines in Australia, said it will spend A$2 million on a feasibility study for a pipeline linking Australia’s northern and eastern natural gas markets, The pipeline link would create one interconnected system of over 9,000 km of gas pipelines, bringing together APA’s two Northern Territory pipelines…


UN official says shale gas rush a liability in efforts to slow climate change

Shale gas could turn out to be “a liability” in global efforts to limit climate change by delaying critical energy transition to renewables, the United Nations’ top environmental official has warned, in an interview with The Guardian newspaper. Supporters of the shale gas boom, which has spread across America and more recently to Europe and…


Colorado enacts first methane leakage capture rules in US

Colorado became the first state in the United States to enact air quality rules that included measures to regulate methane emissions from oil and gas drilling. The Colorado Air Quality Control Commission wrapped up a five-day public hearing on regulations that would target air pollution and smog, approving a plan that was introduced in November…


BNK Petroleum Inc

BNK Petroleum Inc., an international energy company, is focused on the acquisition, exploration, and production of large hydrocarbon reserves, predominately unconventional. The strategic objective is to maximize the value of its U.S. shale gas assets, while its European shale gas exploration strategy offers high-impact, large growth potential to BNK. The Company has its registered office…


BNK Petroleum ‘very excited’ about Poland shale gas prospects after good well result

California headquartered BNK Petroleum Inc said it has successfully drilled, cased and cemented its Gapowo B-1 horizontal well in Poland with excellent gas readings regularly recorded throughout the lateral. The well successfully drilled the targeted over-pressured, gas charged, organic-rich Lower Silurian and Ordovician shales that were originally encountered in the vertical Gapowo B-1 well. The…


The shale boom plusses and threats: ShaleDespatch’s’s Infographic says it all

Shale gas is changing the world energy markets and is now beginning to have a significant impact on the manufacturing sector as the United States finds that cheap natural gas literally fuels a manufacturing renaissance. Yet shale gas extraction remains controversial in many parts of the world. In the UK, where the government is pushing…