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Cuadrilla Says Drillrig Has Arrived at UK Site
Cuadrilla Resources said July 27 that the drilling rig that will be used to drill the first two horizontal wells to be drilled into UK shale rock has been delivered to its shale…
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Petronas Scraps Canadian LNG Project (Correction)
(Corrects name and status of Shell's Canadian project, para 1) The Petronas-led Canadian venture Pacific NorthWest LNG in Port Edward, British Columbia will not proceed as…
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Halliburton Makes Slim 2Q Profit
US oil and gas services giant Halliburton posted a 2Q 2017 profit of $28mn, contrasting with its year-ago $3.2bn 2Q loss when it booked a $3.52bn loss from the fee to terminate…
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Cuadrilla Expects UK Frack in 2H 2017
Six years after a moratorium was imposed in 2011 on all UK shale gas activity, lifted in late 2012 – and three years since the government said that UK shale gas reserves…
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BHP Gas Production Down 10%
Australia-based mining group BHP Billiton has reported a 10% decline in natural gas production in the 12-month period from July 2016 to June 2017 to 668bn ft3 (1.83bn ft3/d),…
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BP, Total to Lead $1.15bn Argentina Shale Project
Argentina's state producer YPF said July 18 that it, together with partners BP-led Pan American Energy, Total and Germany's Wintershall, had signed an agreement with the province…
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Chinese Guizhou Province to Tender Shale Gas License
Chinese Guizhou province will tender a shale gas license on August 18 in its first attempt to explore the unconventional hydrocarbon potential of the province, the ministry of…
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Thai Banpu to Pump $239mn in its US Shale Assets
Thai Banpu plans to invest about $293mn by 2020 in its US shale gas business, company CEO Somrudee Chaimongkol said, reported Bangkok Post July 18. The company will use the…
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Argentina secures credit for pipeline - NGW Magazine
This article is featured in NGW Magazine Volume 2, Issue 14 Argentina has secured funding from development bank CAF to expand its transport network, to deal with rising…
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Weir Group Buoyed by US Shale Recovery
UK-based Weir Group, a leading supplier of hydraulic fracturing pumps globally, updated its full year 2017 guidance July 17 to reflect strong sales into the US. "In…
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China Powers Global Gas Demand Growth to 2022, says IEA
(7am GMT, 8am UK time, 9am Paris time) Gas will grow faster than oil and coal over the next five years, helped by low prices, ample supply, and its role in reducing air pollution,…
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Chinese Shale Gas Output Jumps in 2016
China produced a record amount of shale gas in 2016 as the world’s second biggest economy attempts to increase the share of gas in its energy mix. The country produced…
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Conoco To Book Charge on Barnett Sale
ConocoPhillips has indicated it expects to book a hefty impairment charge on the sale of its Barnett Shale gas/natural gas liquids (NGL) interests in the US. The US major…
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Ireland to Ban Onshore Fracking
Onshore hydraulic fracturing is to be banned in the Republic of Ireland, after the Senate passed a law outlawing it on June 28. The Irish Times reported that this is the first…
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India Liberalises Exploration Regime
Indian oil minister Dharmendra Pradhan June 28 launched the National Data Repository (NDR) and Open Acreage Licensing Policy (OALP), a database of sedimentary basins that will…
