Monday, June 17, 2013
Displaying 1 - 10 of 584 articles
Indian government is expected to come out with a shale gas policy early next month. “The shale gas policy will be announced in the next 20-25 days…we have sought comments from different ministries and will finalise it by then,” oil minister Veerappa Moily said, The Telegraph reported.
US Energy Secretary Ernest Moniz will be travelling to India in less than a fortnight, during which he is expected to discuss the issue of shale gas export with Indian counterparts. "I will be in India in two weeks," Moniz said yesterday during a Congressional hearing...
India’s Petroleum and Natural Gas Ministry has circulated a note on the new shale gas policy for inter-Ministerial consultations, Business Line reported. The note will be placed before the Cabinet Committee on Economic Affairs (CCEA) for final approval after receiving comments, the newspaper said.
Statoil and PetroFrontier Corp (PFC) have agreed that Statoil shall acquire 80% of PFC's working interest in the four exploration permits and two exploration permit applications in the Southern Georgina play in Northern Territory in Australia, the Norwegian company said in a statement. The Southern...
China is likely to open the third round of shale gas tenders as early as end of this year, China Scope Financial reported. Quoting an official from Ministry of Land and Resources (MLR) China Scope Financial said that regulators are currently developing a new tendering scheme. Specifically, government...
Reliance Industries (RIL) is not keen on exploring shale gas potential in India despite predicting that production from shale gas in the US will be in excess of one-third of its aggregate gas production this year, Economic Times reported. The company has invested $5.7 billion in its shale acreages in the US.
Senex Energy has flowed gas from Paning-2 unconventional gas exploration well in northern Cooper Basin with a peak flows up to 90,000 standard cubic feet per day (scfd). The company also completed two fracture stimulations in each of the Epsilon and Patchawarra formations and single 63,000 pound proppant...
Cairn India has urged India's Petroleum and Natural Gas Ministry to make sure that the proposed new shale gas exploration policy offers the first right of refusal (RoR) to all currently operating blocks, Business Line reported. In a letter to the Petroleum Secretary, Vivek Rae, Cairn India CEO P. Elango...
Australia could be sitting on huge shale gas reserves but the benefits could not easily be won as full exploitation will be costly and would require great skill, capital and careful management of any impacts on ecosystems and natural resources. “The commonly cited resource estimate of 396 trillion...
Icon Energy Limited has spudded Keppel-1 well in ATP 855 which will further evaluate the shale and basin centered gas play in the Toolachee, Daralingie, Roseneath, Epsilon, Murteree (REM) and Patchawarra Formation intervals within the Queensland portion of the Nappamerri Trough. The Nappamerri Trough...
