Shale Gas

  • Devon Energy to Buy Rival Shale Company

    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.

  • Aramco, Wood Extend Unconventional Gas Deal

    Aramco, Wood Extend Unconventional Gas Deal

    Thursday, 30th January 2020

    Wood, the Australian engineering, procurement and construction (EPC) contractor, signed a two-year extension deal with Saudi Aramco’s overseas business unit for the unconventional gas program.

  • Qatar Petroleum Invest $20B in US Oil and Gas

    Qatar Petroleum Invest $20B in US Oil and Gas

    Thursday, 28th June 2018

    Qatar Petroleum will invest $20 billion over five years in US oil and gas fields.

  • S Africa Evaluates 5 Shale Gas Exploration Applications

    S Africa Evaluates 5 Shale Gas Exploration Applications

    Tuesday, 16th May 2017
    The recommendations are expected to be finalized soon, after the delay that was caused by the environmental objections.
  • Algeria Not to Exploit Shale Gas

    Algeria Not to Exploit Shale Gas

    Thursday, 20th April 2017
    Nigeria has enough quantities of other natural resources, which includes natural gas.
  • South Africa Endorses Shale Gas Development

    South Africa Endorses Shale Gas Development

    Wednesday, 5th April 2017
    The South African government has given the endorsement for shale gas development in its Karoo basin. While that is considered by experts a positive step, there are still opposing parties behind the shale exploration in the region.
  • MENA to Invest $294b in Oil Sector

    MENA to Invest $294b in Oil Sector

    Monday, 20th February 2017
    According to Meed Insight’s Mena Oil and Gas Report 2017, about $294b of oil, gas, and petrochemicals projects are in the pre-execution phase across the countries in the Middle East and North Africa (MENA) region.
  • Norwegian Statoil to Explore for Gas in Turkey

    Norwegian Statoil to Explore for Gas in Turkey

    Wednesday, 18th May 2016
    Norwegian energy company Statoil announced that it had signed an agreement with Canadian exploration company Valeura Energy to help explore the shale gas potential in Turkey.
  • South Africa to Start Shale Gas Exploration Next Year

    South Africa to Start Shale Gas Exploration Next Year

    Tuesday, 8th March 2016
    The first exploration for shale gas in South Africa will begin in the next financial year, following years of postponement. A World Energy Council report mentions South Africa as having significant potential for shale gas development.
  • Sinopec Starts Production in Fuling Shale Gas Project

    Sinopec Starts Production in Fuling Shale Gas Project

    Wednesday, 30th December 2015
    China's Sinopec, Asia's largest oil refiner, has started production in the first phase of its Fuling shale gas project in the Sichuan Basin of a southwest province with an annual capacity of 5bcm.