The EIA released a report that highlights recoverable reserves of shale oil and shale gas. It doesn't look like there will be any shortage on the horizon.
Articles Tagged "shale gas"
Here's a look at the US shale gas industry and an overview of two of the main companies operating in that sector.
Bloomberg reported that GE has expanded its energy portfolio with the purchase of Lufkin Industries Inc for $3.3 billion.
Reuters reported that Romanian citizens are protesting Chevron's plans to explore for shale gas, and are pressuring the government to withdraw concessions.
Reuters reported that the U.S. is experiencing a swell in interest from global manufacturers due to the abundant supply of shale gas and cheap energy prices
Bloomberg reported that Shell plans to invest $1 billion in developing Chinese shale assets after winning a contract with China National Petroleum Corp.
Reuters reported that Canadian Natural is considering alternatives for its B.C. shale assets, including selling them or finding a partner to help develop them.
Bloomberg reported that a recent study indicated that production from the second largest natural gas resource in Texas, the Barnett Formation reached a peak in 2012 and is expected to fall by half in the next 17 years.
Mining Weekly reported that a recent survey suggests that most industry participants believe that shale gas prices have hit the bottom.
North American investors believe that the future of the market lies out east, and will be closely watching studies aimed at investigating China's unconventional resource development.