US chemical firms’ investment linked to shale gas reaches $100 billion

Potential U.S. chemical industry investment linked to natural gas and natural gas liquids from shale formations has topped $100 billion, according to a report prepared by The American Chemistry Council (ACC). To date, 148 projects valued at $100.2 billion have been announced. These projects – new factories, expansions and process changes to increase capacity –…


Collaborate to optimize economic growth in US shale zone communities: Jones Lang LaSalle

The ability to access oil and natural gas reserves found in the nation’s shale regions has presented new opportunities for economic growth along with a host of infrastructure and real estate challenges. The following article is by Bruce Rutherford, International Director, Global Energy Practice Leader, Jones Lang LaSalle Vast oil and gas reservoirs found in…


Community benefits are key to next phase of US shale gas – US Energy Dept

Communities should be able to continuously share economic benefits from increasing US tight oil and shale gas production, experts said at a Center for Strategic and International Studies conference. Industry’s ability to help communities do more than merely withstand the impacts of unconventional development will be an essential part of realizing a dramatically improved US…


Advances in optical sensing technologies provide way forward for processing shale gas

Cambridge UK-based Michell Instruments has issued a white paper, “Advances in Optical Techniques for Moisture and Hydrocarbon Detection”, which discusses how new optical sensing techniques for processing natural gas will help the industry face current challenges. Newly emerging gas sources – such as shale gas and biogas – are helping meet the worldwide demand for…


“It would be foolish not to look”: German gas industry champs at the bit of shale restrictions

Germany is probably sitting atop a great deal of economic natural gas stored in shale rock deep underground. In 2012 The Federal Institute for Geosciences and Natural Resources estimated the country could extract between 70 and 230 billion cubic meters (bcm) of shale gas. In 2013, a U.S. Energy Information Administration study, carried out without…


Argentina’s YPF’s secures JV deal with Malaysia’s Petronas to develop Vaca Muerta shale

Argentina has some of the world’s biggest and best-quality reserves of shale hydrocarbons, with studies estimating recoverable shale gas and oil reserves of 22.7 trillion cubic meters (tcm) and 27 billion barrels, respectively. Only China and the US have larger estimated reserves. The 2012 discovery of shale gas in the massive Vaca Muerta formation in…


Speculation grows that Australia’s leading shale gas player is under corporate predators’ microscope

Australia’s Cooper Basin, the largest onshore oil and gas play, but where shale gas plays are in their infancy, is now well and truly on the global industry’s radar. And there is speculation in the local stock market that the largest Australian listed producer in the field, Adelaide, South Australia-headquartered Santos, is a takeover target…