shale oil News
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Royal Dutch Shell forms shale exploration JV with China’s Sinopec
The Shengli Oil Field is the flagship asset of Sinopec in China, however it is struggling with declining production The new joint study venture comes in the backdrop of Chinese government’s efforts to improve domestic reserves and production by encouraging China-foreign projects The United Kingdom-based Royal Dutch Shell has reportedly announced to have inked a new deal with a ...
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Neste Jacobs and Eesti Energia agreed on building a shale oil condensation unit in Estonia
Neste JacobsPress Release29.4.2010 at 11.00 EETNeste Jacobs and Eesti Energia agreed on building a shale oil condensation unit in EstoniaNeste Jacobs was selected to act as engineering partner for a new shale oil condensation unit in Estonia. Neste Jacobs and Eesti Energia Õlitööstus made an engineering and construction management contract on 28th. April 2010. Shale oil processing is an area ...
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Jordan has the Fourth Largest Shale Oil Reserves in the World
According to the latest reports from foreign media, in a recent speech to Kuwaiti Chamber of Commerce and industry officials, Jordanian Minister of Energy and Mineral Resources, Haila Zawati, pointed out that during the recent visit of the Prime Minister of Kuwait, the Jordanian private sector played a very important role, especially in the field of energy and renewable energy. The Minister of ...
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New model capable of measuring high-concentration sulfur content in shale oil, with doubled measurement range
HORIBA, Ltd. has released a new portable sulfur analyzer, the SLFA-60. Sulfur analyzers are used to measure sulfur compounds present in heavy oil, gasoline, diesel oil etc. as impurities that convert to toxic gases. Shale oil, a promising alternative to crude oil, can contain high concentrations of impurities, including sulfur. Sulfur analyzers thus serve in quality management of petroleum ...
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New model capable of measuring high-concentration sulfur content in shale oil, with doubled measurement range
Compact sulfur analyzer suitable for on-site applications released Responding to the need for curbing sulfur-derived air pollutants HORIBA, Ltd. has released a new portable sulfur analyzer, the SLFA-60. Sulfur analyzers are used to measure sulfur compounds present in heavy oil, gasoline, ...
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Xtract Energy Plc - Directorate change
31 March 2010 AIM: XTR XTRACT ENERGY PLC CHANGE OF DIRECTOR Xtract Energy Plc ('Xtract' or the 'Company') announces that with effect from 31 March 2010, John Conlon has stepped down as Non-executive director of the Company. The Board would like to thank Mr Conlon for his valuable contribution to the development of the Company and for his loyal service since joining the Board in January 2007. Mr ...
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Statement by Commissioner Potočnik following the vote in the European Parliament on shale gas
Following today's vote in the European Parliament, Environment Commissioner Janez Potočnik said: "I welcome the Parliament's vote today on the report on Environmental Impacts Of Shale Gas And Shale Oil Extraction Activities. It is clear that the future development of shale gas will depend on the extent of public acceptance of fracking. Addressing health and environmental risks will be of ...
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Hydraulic Fracturing Data Management
A proposed new ASTM International data management and reporting standard for shale oil and gas operations, including hydraulic fracturing, is under development. ASTM WK42803, Practice for Data Management and Reporting Associated with Shale Oil and Gas Hydraulic Fracturing Operations, is under the jurisdiction of Subcommittee D18.26 on Hydraulic Fracturing, part of ASTM International Committee D18 ...
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Red Leaf Resources, Inc. & Total E&P USA Oil Shale, LLC Announce a Joint Venture for Oil Shale Production Project
Utah-based Red Leaf Resources, Inc. ('Red Leaf') has announced the March 28, 2012 closing of a joint venture for oil shale development in Utah with Total E&P USA Oil Shale, LLC ('Total'), a US affiliate of Total SA, the 5th largest international integrated oil and gas company. Under the terms of the agreement, Red Leaf and Total will jointly launch an Early Production System (EPS) to prove ...
By Total S.A
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Major investors warn energy companies of business risks in flaring gas at shale oil wells
With escalating shale oil production putting the US on track to become the world’s largest oil producer, investors are challenging an increasingly common industry practice – burning off or ‘flaring’ associated natural gas from shale oil wells – as environmentally damaging, economically wasteful and a threat to the industry’s bottom line. “We are ...
By Ceres
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Chevron and YPF sign $1.5 billion shale oil deal
Argentina's state-controlled YPF oil company has persuaded Chevron Corp. to sign a long-sought deal to invest $1.24 billion in developing the South American country's shale oil deposits. The joint venture adds up to $1.5 billion overall, the first major foreign oil investment in Argentina since President Cristina Fernandez seized control of YPF from Spain's Grupo Repsol last year. YPF CEO ...
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Energy policy meltdown: Bush administration and oil shale
In a potentially disastrous plan that would destroy large tracts of the Rocky Mountain region, the Bush administration has announced its draft regulations for opening 2 million acres of public lands in Wyoming, Colorado, and Utah for commercial oil shale production, according to experts at the Natural Resources Defense Council (NRDC). The following are statements from Amy Mall, the Natural ...
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Setback to clean energy future must be reversed, say NRDC
Today, the bans on offshore drilling and oil shale expire, the result of a Continuing Resolution that Congress passed last week. The moratoria include a 26-year ban on offshore drilling and a two-year moratorium on leasing land for oil shale production. Both will do nothing to advance a clean energy future for the United States, according to experts at the Natural Resources Defense Council ...
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Nearly half of U.S. Fracking sites overlap with water-stressed regions
A new report from CERES draws a connection between water risk and hydraulic fracturing in the United States. The report adds an important dimension to the conversation about how energy use and water stress will play out in the years ahead. The report, Hydraulic Fracturing & Water Stress: Growing Competitive Pressures for Water, brings together Aqueduct’s high-resolution water stress ...
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Study: No fracking bonanza for California`s Monterey Shale
A U.S. Geological Survey report out Tuesday downgrades the fracking potential of California's vast Monterey Shale oil deposits. The study is the latest to lower a 2011 federal energy estimate that billed the Monterey Shale as a game-changer for U.S. oil, with what was then estimated at 13.7 billion barrels of recoverable oil overall. Instead, the U.S. Geological Survey's new study said, the ...
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New ceres report: oil shale development in western U.S. poses significant risks to investors
Citing technological uncertainties and a wide range of other risks, a new Ceres white paper supports a federal agency’s proposal to take a cautious approach to oil shale production in the western U.S. At issue is the Bureau of Land Management’s proposal to focus oil shale production in Wyoming, Utah and Colorado on “Research, Development, and Demonstration” (RD&D) ...
By Ceres
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Infocast`s Optimizing Shale Oil & Gas Wells Conference
Infocast brings the first ever Optimizing Shale Oil & Gas Wells conference from June 27-29, 2011 to the Renaissance Denver Hotel in Denver, CO. This groundbreaking meeting will feature nine real world case studies of cutting-edge completion strategies from today's hottest plays -- Bakken, Eagle Ford and Marcellus. This meeting is essential for all players who want to boost their current ...
By Infocast
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New IEA policy review offers recommendations for Estonia’s energy transition
Estonia is on the brink of a major energy transition that will involve a substantial change in the role of domestically produced oil shale in its energy mix, the International Energy Agency said today in its in-depth review of the country’s energy policies. Estonia’s energy supply is unique among IEA member countries because of its strong reliance on domestically produced oil shale, ...
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Employment picture cools in the Permian Basin, Federal Reserve Bank of Dallas says
Employment in Texas’ Permian Basin – in a sign of cooling oil and gas activity – declined by 400 jobs through the first 10 months of 2019 after adding 16,700 jobs in 2018, according to the Federal Reserve Bank of Dallas. For the year, employment for the oil and gas sector is down 4.7 percent in the Permian, the largest shale oil and gas producing shale play in the country. ...
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What America is Thinking on Energy Issues: 78 Percent of Nevada Voters Favor More Oil and Natural Gas Development
Seventy-eight percent of Nevada voters favor more development of U.S. oil and natural gas resources, and similar numbers believe more oil and natural gas development would provide major benefits to the nation, including more U.S. jobs, according to a new poll released today. "Voters know developing more of America's homegrown energy makes sense for our economy and our energy security," said API ...
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