Latest news
UK: Cuadrilla unveils two fracking locations in Lancashire
The controversial shale-gas explorer, Cuadrilla, which hopes to exploit the UK’s shale gas resources, has unveiled two new exploration locations in Lancashire.
read more... 07/02/2014
Algeria is likely to increase oil and gas production
Algeria is aiming to increase its oil and natural gas production by 50% and 100 percent respectively within 10 years helped by major exploration success last year and by shale gas which would have an important role to achieve the ambitious plan. The minister projected Algeria's recoverable reserves at between 25 and 30 trillion cubic feet.
read more... 29/01/2014
Total to start fracking in UK
The French oil giant Total is on the brink to become the first major oil company which would explore for natural gas and oil in shale rock in UK, as the company has acquired a 40% stake in two shale gas exploration licences in Lincolnshire in the East Midlands.
read more... 13/01/2014
UK is going ahead with shale gas exploration
Britain is moving ahead with plans to accelerate the search for shale oil and gas, as a British government report has found that more than half of the country could be suitable for shale gas fracking. The government published a new report which claims the energy source will not have a detrimental effect on the environment.
read more... 18/12/2013
PGNiG and Chevron to explore for shale gas reserves in the southeast of Poland
Poland’s oil and gas company PGNiG, signed a letter of intent with American fuel giant Chevron, on the terms of a possible cooperation on shale gas exploration projects, which would bring together four licences in southeastern Poland.
read more... 17/12/2013