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Tag Archives: news

Top Eagle Ford news stories: May 27 – June 3

Eagle Ford news

Review the top Eagle Ford news stories, all in one place. Headlines this past week included details on the highest-paid CEOs in each state, OPEC’s inability to show resolve, and a new way to study energy production. 5. The highest-paid CEOs by state Here are the top-paid CEOs by state for 2015, as calculated by The Associated Press and Equilar, ...

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Britain far from primed for shale gas exploration, experts say

well

By: Nina Chestney * Britain needs new onshore drilling infrastructure * Thousands of wells might be needed and have short life * Cuadrilla estimates 330 tcf of gas trapped in licence area LONDON, March 5 (Reuters) – Britain may be a prime location for shale gas exploration in Europe, but a lack of onshore drilling infrastructure and local opposition will impede development, ...

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Ukraine queries shale deals as Yanukovich era under scrutiny

Wed Mar 5, 2014 4:51am EST By: Pavel Polityuk and Tom Bergin (Reuters) – Commercial deals concluded by Ukraine during the presidency of Viktor Yanukovich are already coming under scrutiny, less than two weeks since he was deposed, with lucrative gas projects involving Western companies among the first. Since Yanukovich fled after three months of street protests that claimed nearly 100 lives, the new ...

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The cost of domestic oil

cost

By John Bestoloffe | Bakken.com The past decade has seen an explosion of drilling into the United States’ shale oil reserves. Many people feel as though the shale boom will make life easier for everyone involved with an added bonus of cheap oil. Although we have transitioned from importing the majority of our oil from countries in the Middle East ...

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Unleash German shale to halt gas output decline, industry pleads

German flag

By Vera Eckert FRANKFURT, Feb 6 (Reuters) – Germany’s gas industry says it needs shale to halt a sharp decline in domestic output, but behind its pleas lies private acknowledgement that environmental and political opposition is just too strong. Frustration is compounded by Germany’s lead in fracking technology, which it has been quietly using for over 50 years. At stake ...

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No. 3 Justice Department official to visit Dakotas

Dakotas

U.S. Associate Attorney General Tony West, the department’s third-highest official, is scheduled to be in Bismarck Monday for the first public hearing of a 12-member task force that will examine the impact of exposure to violence on American Indian and Alaska Native children. West said he plans to take copious notes. “One of the reasons why it’s important for me ...

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Strong growth, dearth of talent make oil engineers hard to buy

engineers in short supply

By Stephen Eisenhammer LONDON, Dec 5 (Reuters) – Strong growth projections combined with a dearth of talent in the oil and gas sector are making oil services engineering firms tricky takeover targets for bigger cash-rich rivals, investor and banking sources said. Agreeing on price is a challenge when targets have high growth forecasts, which often command a higher valuation and ...

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Iran output over 300 million cubic meters per day

Iran flag

The daily gas production of Iranian Central Oil Fields Company (ICOFC) on Dec. 5 surpassed 301 million cubic meters, the managing director of company said on Dec. 6. “ICOFC is currently able to produce more than its nominal capacity,” the ISNA News Agency quoted Mehdi Fakour as saying. The produced amount on Dec. 5 is around 2 million cubic meters ...

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Gov’t permitting harm to eagles for energy expansion

At risk eagle

WASHINGTON (AP) — The Obama administration is letting companies seek authorization to kill and harm bald and golden eagles over 30 years without penalty. The reason is to aid in renewable energy development. The wind energy industry asked for the change. It will provide legal protection for wind farms and other projects that get a permit and do everything possible ...

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