Poland to have shale gas law in 2013
Poland’s Treasury Minister Mikolaj Budzanowski says a much-awaited law that will regulate shale gas production should be adopted this year, helping to develop the potentially lucrative sector. More »
Rangeland secures $200M for shale projects
Two months after selling the crude oil distribution hub it built in North Dakota’s Bakken Shale, a Sugar Land company has secured a $200 million financing commitment to start work on midstream developments in West Texas and other North American shale plays. More »
Total will start shale drilling in Denmark this year, CEO says
Total SA (FP), Europe’s third-biggest oil company, expects to start exploratory drilling in Denmark later this year as part of a push to develop shale energy projects outside the U.S. More »
FMC Technologies inks subsea equipment deal with Gulf E&P firm
Houston-based FMC Technologies has inked a deal to provide subsea equipment for a deep-water offshore exploration project in the Gulf of Mexico. More »
Cutting water use, costs, through teamwork
Shale drilling could be more profitable and more environmentally friendly if companies were willing to put up with an ugly concept: Working with the competition. More »
Biodiesel makers join ‘fight’ for diesel over natural gas
The National Biodiesel Board has joined forces with a diesel group to battle for the fuel’s reputation in Washington and beyond in the face of growing support for natural gas. More »
ConocoPhillips eyes unconventional oil and gas in China
Houston-based exploration and production company ConocoPhillips is looking into unconventional oil and gas development in China. More »
Canadian plant to feed engines with LNG
A pair of Canadian companies will build a plant to produce liquefied natural gas specifically for high-horsepower engines used in trains, trucks and oil field equipment, the companies said. More »
Statoil expands Marcellus presence with $590M land grab
The Norwegian oil giant’s latest move to expand its presence in shale will add 70,000 operated net acres to its U.S. portfolio. More »
Fracking seen robbing OPEC of gasoline pricing power
The success of American drillers in coaxing fossil fuels from shale rock has the potential to boost production so much that it may deny OPEC the power to set global oil and gasoline prices, an intelligence advisory panel concluded. More »
Big bets on Eagle Ford next year
Between 2012 and 2015, the industry likely will sink more than $116 billion into the Eagle Ford — more than the cost of developing the Kashagan offshore field in Kazakhstan, which has been called the world’s most expensive standalone energy project. More »
Eagle Ford shale: $28 billion for capital expenditures
Almost $30 billion in capital expenditures will be made in the Eagle Ford shale next year, accounting for more than one of every four dollars in capital expenditures spent for oil exploration onshore in the United States outside Alaska, according to a new analysis by Wood Mackenzie. More »
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