Range Resources Corp, the Texas company that has drilled 68 wells in the Mount Pleasant township, requires millions of gallons of water for “hydrofracking,” a process that forces a chemical-laden solution deep into the rock, allowing natural gas to be released. For more information, click here
Read the full article: "Gas Drilling boom stirs water worries"
Tuesday, February 24, 2009
Chinese energy firm Cnooc confirmed a major natural gas discovery in the South China Sea on Monday. For more information, click here
Read the full article: "Big natural gas find by cnooc"
Monday, February 23, 2009
Iran said that Bahrain gas talks were still in effect. Reza Kassaeizadeh, chairman of National Iranian Gas Export Company, said: The Bahraini side has not officially announced suspension of gas talks with Iran and we believe the negotiations are still in effect. For more information, click here
Read the full article: "Bahrain gas talks still in effect: Iran"
Monday, February 23, 2009
Scientists say that state of Pennsylvania holds one of the largest untapped natural gas resources in the nation. For more information, click here
Read the full article: "Push for drilling of Natural Gas"
Monday, February 23, 2009
Natural gas declined below USD 4 per million British thermal units for the first time in more than 6 years due to worsening recession and declining demand. For more information, click here
Read the full article: "Natural gas declined below USD 4"
Monday, February 23, 2009
Venoco will buy all natural gas assets of Aspen Exploration in California for $8.4 million. For more information, click here For Aspen’s website, click here
Read the full article: "Aspen Exploration sells California wells to..."
Sunday, February 22, 2009
Iranian newspapers reported that the country has signed an agreement with a Turkish company to form a JV for supplying natural gas to Europe. For full information, click here
Read the full article: "Turkish and Iranian firms to supply gas to..."
Sunday, February 22, 2009
About 1,500 textile processors’ and factory owners from the small-scale industry in Surat, India will stage protest outside Gujarat Gas Company Limited’s plant office to protest against the shortage of natural gas supply to their industry. For full story, click here
Read the full article: "Textile processors in India to protest..."
Sunday, February 22, 2009
LNG Ltd. announced that its $500 million plant in Australia is set to get the go-ahead by the year-end after an investment by Golar LNG Ltd. Maurice Brand, managing director of Perth-based LNG Ltd., said: Golar, a Norwegian operator of LNG tankers, will take a 40 percent stake in the project in Queensland state and invest [...]
Read the full article: "LNG Ltd. Sees Project Approval in 2009"
Sunday, February 22, 2009
As per a new study, Oil and natural gas development in newly opened offshore areas will result in $1.7 trillion in federal tax revenue and around $600 million in state and local taxes throughout the life span of the new fields. For full story, click here
Read the full article: "New offshore energy to increase US govt..."
For upcoming gas investing trade shows, see the following links: World Junior Oil and Gas Congress
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Tuesday, February 24, 2009