shale | Egypt Oil & Gas - Part 3
US Shale Producers Lose Price Bet
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
South Africa Contemplating Petroleum Law Reforms to Facilitate Shale Boom
South Africa’s ruling African National Congress backed a plan to split legislation governing the oil and gas industry from mining laws
North Dakota Sets Records for Oil, Gas Production
The US state of North Dakota recorded an average gas production rate of 1.6 mcf/d and an oil production rate of 1.21m b/d for the month of June,
Britain Fast Tracking Fracking Applications
The British government recently announced changes in the way applications for hydraulic fracturing (fracking), are processed, Reuters
Oil Prices Rally on News of Declining US Shale Production, OPEC Meeting
Global oil prices rose in mid August amid news of declining US shale oil production, and rumors of an emergency OPEC meeting, The Wall Street Journal reported.
Algerian Inducements for Petroleum and Shale Investments, Legal Reforms on Books
According to a US Energy International Administration press release the Algerian government is amending its foreign investment laws in hydrocarbons to attract investment and technology.
Task Forces Says UK Fracking ‘Could Be Safe’ Under Regulation
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.
Netherlands Bans Drilling for Shale Gas Until 2020
Government of Netherlands has banned drilling for shale gas in the country for the next five years over concerns about their environmental impact.
