The latest EIC Monitor quarterly report tracking new project announcements shows that the global energy industry has seen encouraging signs of growth in the first quarter of 2012.
Red Leaf and Total have formed a joint venture to test the viability of a new oil shale exploration technology in Utah.
Experts have claimed that the UK’s offshore shale reserves could exceed 1000 trillion cubic ft – five times onshore estimates.
Exoma Energy has employed a second drilling rig to explore for CSG, shale and oil in the Galilee Basin.
The UK DECC has published an independent expert report recommending measures to mitigate the risks of seismic tremors from hydraulic fracturing - and is inviting public comment on its recommendations.
Cheniere Energy has received FERC approval to construct and operate the Sabine Pass liquefaction plant.
American Fuel and Petrochemical Manufacturers have responded to a Obama’s oversight regarding the oil market
Tube, wire and cable companies descended upon the recent International Wire and Cable Trade Fair, and International Tube Trade Fair.
A review by the Department of Energy & Climate Change has concluded it is safe for Cuadrilla Resources to continue fracking in the Bowland Basin, Lancashire.
At a recent meeting, Vladimir Putin, unveiled a new set of rules for offshore development in Russian territory as well as long awaited tax breaks that look set to make formally economically unviable projects possible.
NDT Systems & Services, an international leader in oil and gas ultrasonic inspection systems has been acquired by German business holding, Weissker Group.
South Sudanese troops appear to have captured the town of Heglig and the surrounding oilfield from its northern neighbour. Sudan has vowed to use “all legitimate means” to return the town to its possession.
PGNiG has started drilling a borehole in the Tomaszów Lubelski licence area in the Province of Lublin to determine the volume of shale gas in the deposits.
Europe’s third-largest energy company, French Total SA, may join the TANAP project to carry Caspian natural gas across Turkey.
KKR have acquired shale assets worth 306 million dollars from WPX Energy in Barnett Shale and Arkoma Basin.