Speaking at a conference hosted by the Green Alliance, UK MPs from the three largest parties all gave their support to extraction of shale gas. read more ..
PennEast Pipeline issues a report into the economic cost of delaying construction of its Marcellus shale gas pipeline, concluding that consumers could have saved $890 million this winter. read more ..
The president of the Marcellus Shale Coalition warns that the proposed Pennsylvanian severance tax threatens the growth of the natural gas industry. read more ..
Maryland’s House of Delegates approves a three-year fracking moratorium for the state, so that the practice can be investigated fully, whilst the Senate passes a bill requiring new liability standards.
The Ontario government rejects plans to introduce a fracking moratorium, which had been proposed to protect groundwater.
The removal of a fracking ban in Germany is unlikely to boost its domestic gas production, according to credit rating agency Fitch Ratings.
Chair of the Task Force on Shale Gas, Lord Smith, urges for the creation of a single regulator for the UK’s onshore oil and gas industry to boost public confidence in the system.
Austin Exploration reaches an agreement with Pierre Energy Partners to develop shale oil and gas assets at an 11,000 acre plot in Colorado.
EnLink Midstream Partners announces the acquisition of the Victoria Express Pipeline, associated truck terminal and storage facilities from Devon Energy in a deal worth $220 million.
The days of high capital expenditure may be over and investments will be limited by cash flow, even if oil prices recover, according to the chief executive of Schlumberger.
Oil producers idled 41 rigs in the past week, as the decline in the rig count slowed to a three-week low, according to data from Baker Hughes.
The financial and environmental costs of shale extraction in Europe outweigh any benefits from a decade of energy supply, according to a study from New Energy Watch.
The US government issues new guidelines to regulate fracking on federal land, introducing environmental standards to affect over 100,000 wells.
China’s state-owned National Offshore Oil Corporation is to hold off further drilling at its only shale gas block in Anhui province, following disappointing results and a lack of foreign interest.
Howard Energy Partners reaches a definitive purchase and sale agreement with Southwestern Energy for shale infrastructure assets in northeast Pennsylvania for $500 million.
Saudi Arabia’s state owned oil company is reportedly hiring workers and technical experts from the US shale industry, who have been laid off as US shale companies continue to cut jobs.
Wintershall, Germany’s largest crude oil and gas producer, is launching its first exploration well in the Neuquén province of Argentina.
Anti-fracking campaigners are concerned that Shell’s retreat from South African shale is a ploy to speed up the licensing process.