UKRINFORM reports that Royal Dutch Shell is asking the Fuel and Energy Ministry of Ukraine to modify the rules for shale gas production in the country, quoting Kommersant-Ukraine. Shell stated that they intend to invest in this segment, provided that a large area is offered for development, the license is extended and tax incentives are [...]
Speaking at the recent Global Shale Gas Summit, Glynn Ellis, Manager, New Business from Shell’s Global Exploration division emphasized the large role that unconventionals are playing in Shell’s reserves replacement strategy. Shell has strong shale gas positions in North America, taken initiatives for unconventional resources in some high-risk areas in Columbia and Brazil, was an [...]
Secretary of State Hillary Clinton said U.S. energy companies can help Ukraine reduce its dependence on Russian natural gas. Commenting after her meeting with Ukrainian President Viktor Yanukovych, Clinton said that the United States would be interested in investing in Ukraine’s energy sector, including shale gas production. “Investing in the energy sector is one of [...]
The Kyiv Post reports that the Ukrainian government is in talks to acquire shale gas knowledge. “We are in talks on the acquisition of techniques for shale gas extraction,” said First Vice Prime Minister Andriy Kliuyev. He also noted that the government is considering the alternative of collecting methane released when extracting coal. Earlier this [...]
Poland’s richest man, billionaire Jan Kulczyk, whose fortune was estimated by Forbes to be $2.1 billion in March, is increasing his energy investments in Ukraine in the midst of the Naftogaz debate His Kulczyk Oil Ventures, through its subsidiary, Loon Ukraine Holding, bought a 70% stake in of one of Ukraine’s largest private producers of [...]
Speaking at the Global Unconventional Gas conference in Amsterdam, Jan Panek, head of the European Commission’s unit for coal and oil said that more study is needed on the environmental impact of unconventional gas projects to ensure their success in Europe. Mr. Panek stated that a clear understanding about issues such as the use of [...]
Ukraine plans to sign contracts with U.S. companies for unconventional gas production prior to the end of this year, according to Fuel and Energy Minister Yuriy Boiko. U.S. companies have taken an interest in potential coal-bed methane and shale gas resources in Ukraine. “I am sure that we will formalize the agreements by the end [...]
Royal Dutch Shell said on Friday it was drilling the second of three wells looking for shale gas in Sweden, where the centre-left opposition says it will stop Shell’s gas hunt if it wins elections on September 19. Shell has been looking for shale gas in the southern region of Skaane and has already completed [...]
Huge discoveries of natural gas promise to shake up the energy markets and geopolitics. And that’s just for starters. Over the past decade, a wave of drilling around the world has uncovered giant supplies of natural gas in shale rock. By some estimates, there’s 1,000 trillion cubic feet recoverable in North America alone—enough to supply [...]
An article in the April-May 2010 edition of European Affairs focuses on the topic of shale gas in Europe. Titled Shale Gas in Europe – Liberation or Pipe Dream?, Nikos Tsafos is a manager specializing in natural gas with PFC Energy, pens that the success of shale gas exploration and development is the United States, [...]
