Goodrich Petroleum announced that it has reached a definitive agreement to sell its proved reserves and associated acreage in the Eagle Ford for $118 million. read more ..
Cuadrilla has said it is planning to appeal the decision made by Lancashire County Council’s Development Control Committee to refuse planning consent for the company’s two applications for shale exploration. read more ..
Saudi Basic Industries Corporation is planning to expand its investment in US shale gas projects through a series of joint ventures, according to its acting chief executive. read more ..
Reliance Industries is said to be considering the sale of its US shale gas investments as part of a ‘strategic review’ of its assets.
Halliburton has secured a deal with investment firm BlackRock for $500 million to help fund drilling at existing shale wells.
San Leon Energy has announced the removal of several Polish shale licences from its portfolio as the company targets cost-cutting measures.
Senator Scott Hutchinson said: "Marcellus Shale gas has given Pennsylvania a fantastic new opportunity for job creation... we need to attract industries to use this plentiful gas."
General Electric and Statoil's Sustainability Collaboration has announced the five winners of its inaugural Open Innovation Challenge, which reconises possible alternatives to the use of sand in fracking operations.
ConocoPhillips has ended talks with PetroChina over future shale gas development in Sichuan province, following a two-year study.
The Task Force on Shale Gas has released its second report on the potential impact of fracking in the UK, which focuses on assessing local environmental and health impacts.
The Dutch government has introduced a moratorium on shale exploration for the next five years, existing licenses cannot be renewed and no new exploration permits will be granted during the period.
“Preliminary explorations have found three or four oil shale horizons with signs of kerogen near Kerman and southern Semnan,” said an unnamed energy source.
MPLX LP and MarkWest Energy Partners have agreed a deal worth approximately $20 billion for MarkWest to become a wholly owned subsidiary of MPLX.
Shale gas wells, compressor stations and processing plants leak far more methane than previously estimated, according to researchers from the University of Houston who studied in the Barnett Shale.
The IFO data shows that if drilling and production trends from the first half of 2015 continue the state will collect around $190 million for the year, compared to the $223.5 million in 2014.
Third Energy has submitted amendments to its application to carry out fracking activity at an existing gas well at Kirby Misperton, after the original proposal was not validated by North Yorkshire County Council.
A newly-elected Conservative MP in North Yorkshire has called for a six mile “buffer zone” around fracking sites to stop the countryside become industrialised.
STEER president Omar Garcia said "It is important to recognise companies and organisations who share our value and vision,” on safety, environmental protection and community involvement.