BHP Billiton to Lower Shale Rigs in US by 40%

• Thursday, 5th February 2015
• by Egypt Oil & Gas

In response to lower oil prices, BHP Billiton will reduce its US shale drilling spending by reducing the number of rigs by 40%. In its operational review for the second half of 2014 released Wednesday, BHP Billiton CE...

Algerian Energy Minister Insists No Danger from Shale Gas

• Monday, 12th January 2015
• by Egypt Oil & Gas

The exploitation of shale gas in In Salah doesn’t present any danger, Energy Minister Youcef Yousfi ensured during a meeting last Thursday with representatives of the protesters against the exploitation of this ...

$70 Billion to be Invested in Algerian Shale Gas Exploration: Sonatrach CEO

• Monday, 12th January 2015
• by Egypt Oil & Gas

The public group Sonatrach will invest no less than “$ 70 billion” for the exploitation of shale gas in Algeria, said Sunday the CEO of the company, Said Sahnoun, despite the opposition of the inhabitants ...