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Senex Energy has said that presence of gas during drilling and coring of the Sasanof-1 exploration well in South Australian permit PEL 516 indicate southern Cooper Basin could host a world-class unconventional gas resource.
Sasanof-1 exhibits many of the attributes typically associated...
Parliament has rejected an attempt to impose a 12-month moratorium on drilling for coal-bed methane (CBM) in the Australian state of New South Wales.
A bill called Coal Seam Gas Moratorium bill 2011, which was introduced to the Legislative Council of the NSW parliament by Greens MP Jeremy Buckingham...
Surging prices for shale gas and oil properties in the US are turning owners of deposits as far away as Australia into potential takeover targets.
While shale assets in Texas sold at $US25,000 an acre this year and a holding in Ohio and Pennsylvania changed hands at about $US15,000 last month, shale...
Of the four rising economies comprising the BRIC grouping, only the Russian Federation and Brazil are self-sufficient in energy production.
Accordingly, China is investigating any and all possible energy sources, including shale gas produced by hydraulic fracturing, or “fracking.”
Why?
Because...
China’s quest for shale gas is accelerating. Buying a piece of Frac Tech, a U.S. gas services company, would be a savvy move by China’s national energy majors. Frac Tech’s hydraulic fracturing technology could help China unlock 140 years of gas supplies. The strategic benefits justify...
China Begins to Tap Its Shale Gas, Despite Daunting Technological, Environmental Hurdles
By JOEL KIRKLAND of ClimateWire in CHENGDU, China
A convoy of white vans barreled down a dusty road three hours south of this provincial capital in late September. Lush valleys were drying out after another...