Recent Shale Oil and Gas Finds around the World.
Posted on April 7, 2014 by Jeremy Barnett
Recent massive discoveries of shale oil and shale gas have been made around the world. Various methods of extraction are being considered, but the most popular is ‘Fracking’ the process of initiating and subsequently propagating a fracture in a rock layer, by means of a pressurized fluid, in order to release petroleum, natural gas, coal seam gas, has come under attack from many quarters and may halt the growth of this expanding sector. √جª¬ø
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Read MoreMajor Shale Oil deal for Chinese firm
Posted on April 7, 2014 by Jeremy Barnett
Chinese firm Sinopec has agreed a $2.2 billion deal with Devon Energy, giving it access to USA shale oil deposits.
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Read MoreFracking report on Seismic events published
Posted on April 7, 2014 by Jeremy Barnett
Cuadrilla Resources, the British company exploring for natural shale gas in the Bowland Basin in Lancashire, has released the findings of the report that was commissioned following unusual seismic activity near Poulton-le-Fylde in April and May 2011.
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Read MoreFracking protestors trial at Preston Mags
Posted on April 7, 2014 by Jeremy Barnett
Three members of the protest group ‘Frack Off’ who are opposed to fracking at the Cuadrilla rig in Southport have gone on trial at Preston Magistrates Court,
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Read MoreEnvironment Agency approves Fracking
Posted on April 7, 2014 by Jeremy Barnett
The Envrionment Agency head of climate change has said that Fracking should be allowed to resume in the UK, now the potential dangers are understood.
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Read MoreFracking – Shale Oil & Gas
Posted on April 7, 2014 by Jeremy Barnett
Recent massive discoveries of shale oil and shale gas have been made around the world. Various methods of extraction are being considered, but the most popular is ‘Fracking’ the process of initiating and subsequently propagating a fracture in a rock layer, by means of a pressurized fluid, in order to release petroleum, natural gas, coal seam gas, has come under attack from many quarters and may halt the growth of this expanding sector.
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Read MoreFurther discovery of offshore oil and gas by Israel
Posted on April 7, 2014 by Jeremy Barnett
Israel has announced a further major discovery of oil and gas. The announcement by Israel Energy Resources LP on 3rd June 2012 relates to the Pelagic licences, making this the third largest offshore discovery to date.
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