UK shale gas industry will need at least five years and up to 40 fracking wells to be drilled in order to assess its potential, according to Lord Browne, the chairman of Cuadrilla company.
read more... 03/02/2014
European oil and gas company San Leon Energy Plc, has reached a crucial milestone on the way to commencing commercial production of shale gas for the first time in Europe, reporting a sustained gas production rate of 45,000–60,000 standard cubic feet per day. Natural gas flowed from its Lewino well in a shale formation in the Baltic Basin in northern Poland.
read more... 28/01/2014
The European Commission has revealed a new plan for ocean energy sector in Europe. European leaders have today delivered a new action plan to support the development of the renewable marine energy sector. Its exploitation would contribute to lower carbon emissions across the EU as well as providing Europe with secure and reliable energy sources.
read more... 23/01/2014
Italian energy firm Eni intends to abandon its shale gas projects in Poland due to unclear regulation and difficult geology, the same concerns that have already pushed other foreign firms as Marathon Oil, Talisman Energy and Exxon Mobil, to quit Polish shale. If Eni will leave as well, Chevron and ConocoPhillips would be the last two companies committed to a shale gas industry in Poland.
read more... 15/01/2014
The possibility offered by Poland’s shale gas reserves will allow the country to build upon its recent economic development, as well as to reshape its energy sector.
read more... 13/12/2013