fracking
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Devon Energy to Buy Rival Shale Company
Tuesday, 29th September 2020
US oil and gas producer, Devon Energy Corporation, will buy shale-oil rival WPX Energy for an estimated $2.56 billion as it looks to cement its position in the top US oilfield.
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France Studying to Ban Imports of US Shale Gas
Wednesday, 11th May 2016
French Energy Minister, Segolene Royal, said she is investigating legal means to ban the import of shale gas from the United States because France has banned shale gas exploration using hydraulic fracking for environmental reasons. -
UK Legalizes Fracking for Shale Gas Extraction
Thursday, 17th December 2015
The UK MPs have voted to legalize fracking for extraction of shale gas trapped in underground shale rocks some 1,200m below national parks to offset declining North Sea oil and gas output. -
US Shale Producers Lose Price Bet
Thursday, 3rd September 2015
The majority of US shale oil and gas producers passed up the opportunity to hedge prices by guaranteeing at least $60/b last quarter, Reuters reported. -
Britain Fast Tracking Fracking Applications
Thursday, 13th August 2015
The British government recently announced changes in the way applications for hydraulic fracturing (fracking), are processed, Reuters reported. -
Mexican Oil and Gas Plays Struggle to Attract Investment
Monday, 10th August 2015
A full two years after Mexico was opened up to competition with Pemex, the state is struggling to attract investment, said Offshore Engineer in a recent report. -
Task Forces Says UK Fracking ‘Could Be Safe’ Under Regulation
Thursday, 16th July 2015
Fracking could potentially be done safely in the UK under "rigorous regulation", but it is too early to say whether it would be "a good idea", the Task Force on Shale Gas has reported. -
After Fracking Denial, Cameron Hopes Unconventional Gas an Option for UK
Thursday, 2nd July 2015
On Monday, the council of Lancashire, located in northwestern England, rejected the British fracking company Cuadrilla's plans to develop a new fracking site in Little Plumpton. -
New York State Bans Fracking Due to Environmental, Health Concerns
Tuesday, 30th June 2015
New York State has officially banned the use of hydraulic fracturing to extract natural gas, citing its potential impact on health and the environment. -
Introduction of Fracking in Spain Causes Concern
Wednesday, 3rd June 2015
Thousands of people in Spain have organised to protest the introduction of “fracking” – a controversial technique that involves pumping water, chemicals and sand at high pressure into shale rock to release gas and oil.
Latest News
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Hungary Considers Importing Natural Gas from Egypt
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Egypt, Palestine to Develop Gaza Gas Field
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021