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Shale gas blasts open world energy market

Unconventional treasure: Shale gas is trapped deep inside rock formations. Shale gas is a new and abundant source of natural gas, trapped in rock formations. Oil companies have known about it for decades but always dismissed it because it was too

Shale gas and oil global reserves

The world gas and oil shale reserves are a lot larger than expected two years ago, according to the US Energy Information Administration. Africa‘s potential exceeds that of North America. Shale gas buried underground is estimated to increase recoverable gas in

Shale gas – Europe – The current situation

The energy revolution experienced by the United States for the past ten years will not come to Europe anytime soon. Members of the European Union are indeed very divided on the issue of the exploitation of non-conventional energy resources. In

Shale gas: will China be next?

China seeks to develop its massive shale gas resources. After giving two sets of exploration licenses to oil and gas companies, it hopes to keep the momentum going. The Minister of Land and Resources said he intended to shortly allocate

UK: shale gas fracking gets green light

Ed Davey, the Secretary of State for Energy and Climate Change, has lifted restrictions on the controversial practice of shale gas hydraulic fracturing, giving a green light to drilling, in a country that consumes the most gas in the EU

Shale gas: the European Parliament advises caution

The European Parliament voted last Wednesday two resolutions calling on the EU countries to exercise restraint on the development of shale gas. It calls for “strong regulatory regimes” regarding hydraulic fracturing, the biggest point of contention regarding the exploitation of shale gas. European countries

Shale gas: Europe would not reach energy self-sufficiency

On September 7th 2012, the European Commission published three new studies on unconventional fossil fuels, in particular shale gas. The studies look at the potential effects of these fuels on energy markets , the potential climate impact of shale gas production

Shale gas: China’s turn
Shale Gas: the situation in Europe

As France takes the path of experimentation on shale gas, many European countries have launched investigations for future exploitation. But Bulgaria, Germany and the UK recently froze all exploration. After commissioning a study on the various regulations and procedures relating

US propylene a victim of shale gas? It doesn’t need to be

Living up to its reputation of late as a volatile market, the US propylene market has undergone another major price swing, with February contract prices up more than 16.5 cts/lb ($364/mt) from January levels. In case you are keeping count