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United Kingdom: Centrica talks down shale gas but may still invest
2013-01-24 19:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Sam Laidlaw did his bit to rain on the Davos parade when he dissed the prospects for shale gas as the game-changer that will shake countries out of their economic torpor. Yes, said the Centrica boss, shale had produced astonishing changes in the price of natural gas in America, but it was unrealistic to imagine this could be replicated at least in Britain. That is not what those on the Alpine jaunt want to hear. Global political and business leaders are desperate to find the equivalent of a...
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AUDIO: Shale gas 'a game changer'
2013-01-24 12:47:01| BBC News | Business | UK Edition
The chief executive of the middle east's oldest private oil and gas company says that shale gas is "a game changer".
Ukraine set to sign landmark $10 billion shale gas deal with Shell
2013-01-24 07:12:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Ukraine will take a first major step away from dependency on Russian gas supplies on Thursday when it seals a $10 billion shale gas deal with Royal Dutch Shell (RDSa.L). Due to be signed at the World Economic Forum in Davos, the production sharing agreement will mark the biggest contract yet to tap shale gas in Europe and the largest single foreign investment in the former Soviet republic. Shell has not publicly confirmed the deal. But the Ukrainian government signed off on it on Wednesday...
WPX Energy discovers shale gas in Niobrara formation in Colorado, US
2013-01-24 01:00:00| Hydrocarbons Technology
US-based WPX Energy has announced that it has discovered shale gas at an initial rate of 16 million cubic feet per day at a flowing pressure of 7,300 pounds per square inch at the Niobrara shale well in Colorado, US.
VIDEO: China to develop shale gas sector
2013-01-23 03:09:42| BBC News | Business | UK Edition
China has issued 16 companies with licences to explore for shale gas, as Beijing hopes to develop an industry as vibrant as the one in the United States.
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