Algeria looks to invest $70bn in shale gas

2015-01-11 16:28

Algeria's state-owned energy giant Sonatrach plans to invest at least $70bn over the next 20 years to exploit shale gas in the southern desert.

What makes the world go round?

2014-12-11 06:45

There is more to the world than paying less for petrol at the pump, says Leopold Scholtz.

Oil price fall challenges US shale boom

2014-11-23 17:18

The US shale boom, which has challenged the rules of the global petroleum market, could soon face its own day of reckoning due to the supply glut it helped unleash.

UK lawmakers to consider shale gas fund

2014-11-10 11:02

Britain's upper house of parliament will consider plans for a sovereign wealth fund to be set up with revenues raised from shale gas.

IGas plans third UK shale gas drill

2014-10-09 11:00

Britain's largest shale gas explorer IGas plans to drill its third well next month, in the northwest of England.

Public consultation on shale gas

2014-08-27 19:30

Public consultations on draft regulations for shale gas exploration will begin in September, the mineral resources department says.

Energy revolution will be on roads and railroads

2014-08-12 13:11

The most important question for energy analysts is what technology will revolutionise the system next.

Ramatlhodi: State keen to drill for shale gas

2014-07-15 18:02

The state has a keen interest in drilling for shale gas itself, to help end historic injustices, says Mineral Resources Minister Ngoako Ramatlhodi.

Scotland may have shale for 30 years

2014-06-30 15:15

Scotland could hold enough shale gas resources to cover UK gas needs for more than 30 years, shows a geological report.

Total in Siberia shale oil joint venture

2014-05-23 16:02

French energy giant Total says it has signed a deal with Russia's second biggest oil firm Lukoil to explore and develop shale oil deposits in western Siberia.

Egdon wants to buy Alkane shale assets

2014-05-12 16:11

Independent oil and gas explorer Egdon Resources says it has been in advanced talks to buy Alkane Energy's shale assets in Britain.

Sasol keen for SA shale gas action

2014-03-11 05:30

Sasol CEO David Constable says the group is excited about the technologies it can bring to the table once the country's fracking industry gets off the ground.

Shale gas can combat climate change - BP

2014-02-04 19:30

Shale gas offers a cheaper way to replace coal and cut greenhouse gas emissions than renewable power, says BP's chief economist.

Tax breaks for fracking firms in UK

2014-01-13 16:50

British Prime Minister David Cameron has promised tax breaks worth millions of pounds to local councils who encourage shale gas development.

Brazil auctions shale, natural gas blocks

2013-11-29 11:08

Brazil has awarded 72 onshore natural gas and shale gas exploration blocks in a controversial auction marked by complaints from environmentalists.

SA eyes free 20% stake in new oil ventures

2013-10-29 22:32

The government aims to take a 20% stake in new fuel and oil exploration and production ventures, says the department of mineral resources.

Tiny oil shale titan Estonia eyes global boom

2013-10-22 10:11

Estonian firm Enefit, the world's biggest producer of oil shale energy, is pursuing projects in Utah and Jordan with hopes of high returns.

'Fracking wont hinder UK's climate goals'

2013-09-09 14:45

Shale gas production should not hinder the UK's ability to meet its climate change targets, a report by the Department of Energy and Climate Change suggests.

Fracking fury hits UK

2013-08-04 12:55

Louisa Delpy had never protested before, but when she heard that shale gas extraction might begin in her leafy part of the English countryside, she was so furious that she took to the streets.

Britain plans tax breaks for shale gas

2013-07-19 14:34

The British government has unveiled incentives for shale gas, offering tax breaks to drive investment in the sector.

Europe divided on shale gas

2013-06-07 07:37

Shale gas has sparked an energy boom in the US, but European countries are divided on the extraction methods because of the risks they pose to the environment.

Shell inches closer to $10bn deal

2013-01-16 20:03

Ukraine took a step closer to a breakthrough shale gas deal with Royal Dutch Shell following the approval of a production sharing agreement.

Fracking essential for UK - report

2012-09-21 10:40

The only way Britain can offset its increasing dependency on natural gas imports is to begin shale gas exploration in the country, says a professional body.

WWF: Fracking decision disappointing

2012-09-07 18:43

World Wide Fund for Nature in SA is 'deeply disappointed' by Cabinet's decision to lift a moratorium on applications to explore for shale gas in the Karoo.

Shale gas is from God, says minister

2012-05-18 13:39

The shale gas under the Karoo is a God-given blessing and it would be wrong not to exploit it, Energy Minister Dipuo Peters has told MPs.


Argentina cuts fuel prices to ease inflation

2014-12-24 11:04

Argentina will cut the price for crude oil produced and sold in the country to allow a 5% reduction in gasoline prices, the government says.

Saudi declares price war on US shale oil

2014-11-28 19:29

Opec members must combat the US shale oil boom, according to Saudi Arabia's Oil Minister Ali al-Naimi.

Germany reiterates ban on fracking

2014-11-17 17:05

Germany is not planning to lift a ban on fracking, following a report that it was considering lowering the hurdles for shale gas extraction to allow test drilling.

Shell pushes govt for shale gas licence

2014-11-05 21:17

Shell is pressing the government to decide on its application to explore for shale gas in the Karoo, which may contain some of the world's largest reserves.

Three firms eye fracking in the Karoo

2014-09-26 05:00

Five applications from three firms seeking permission to explore for shale gas in the Karoo have been received, says Mineral Resources Minister Ngoako Ramatlhodi.

Could shale revive China's flagging oil fields?

2014-08-22 12:00

There is no doubting the immense achievement that the Daqing oil fields represented, the first fields developed entirely with Chinese expertise.

Debate on fracking set to take on new tone

2014-08-06 21:10

The Treasure Karoo Action Group says it will keep an open mind on claims that shale gas may be a "game changer" for the economy, after a meeting with government.

US set to pass Russia, Saudi in shale boom

2014-07-10 14:30

The US is on track to overtake Russia and Saudi Arabia as the world's largest producer of crude oil four years into the shale revolution, say analysts.

US fracking giant goes to China

2014-06-12 09:45

State-of-the-art American fracking technology is coming to China's vast shale deposits as a result of a joint venture between FTS International and Sinopec.

Venezuela to venture into shale gas

2014-05-22 17:30

Venezuela will begin shale gas exploration, partnering with Brazil's Petrobras and America's Williams International Oil & Gas.

Total drops shale gas licence in Poland

2014-04-15 10:13

French oil giant Total says it has decided not to renew its only shale gas exploration licence in Poland.

SA to move ahead with shale gas exploration

2014-02-05 09:56

South Africa's minerals minister said that the country will move ahead 'decisively' with the exploration of shale gas.

Total deal speeds up shale gas race

2014-01-13 19:30

Total has become the first major oil and gas company to strike a deal to explore for shale gas in Britain.

British PM urges EU to cut shale gas red tape

2013-12-17 09:41

British Prime Minister David Cameron has warned the European Commission that the continent risks being left behind in the shale gas revolution unless red tape is cut.

Ukraine, Chevron sign $10bn shale gas deal

2013-11-05 18:08

Ukraine and Chevron have signed a $10bn shale gas deal that the ex-Soviet nation hopes could end its energy dependence on Russia by 2020.

Chevron's Lithuania shale gas bid advances

2013-09-16 19:15

Lithuania's environment ministry has approved a bid by Chevron to explore for shale gas, as the Baltic EU state tries to end its energy dependence on Russia.

Poland starts shale gas extraction

2013-08-28 13:24

Shale gas extraction has begun at a test well in northern Poland, a first for the EU member, a minister said.

Chevron gets green light for shale gas

2013-07-19 16:40

US oil giant Chevron has obtained permits to explore for shale gas in Romania despite strong local opposition to the technique known as fracking.

Hollande rules out shale gas exploration

2013-07-14 15:03

French President Francois Hollande has rejected shale gas exploration, dousing hopes that a ban on hydraulic fracturing could be reviewed.

Romanians protest shale gas plans

2013-05-28 09:35

Thousands of Romanians have protested against plans by the US company Chevron to explore for shale gas in eastern Romania.

Poland to pump €15.5bn into shale gas

2012-10-14 17:48

Poland is to invest €15.5bn by 2020 to extract its shale gas deposits, which could make the country independent of Russian imports.

Fracking confuses youth

2012-09-17 12:30

Almost two thirds of young South Africans have little idea of what hydraulic fracking is about, says consumer insights group Pondering Panda.

Fracking gets green light from UK panel

2012-04-17 14:54

A group of experts commissioned by the British government has said that hydraulic fracturing should be resumed after it was temporarily banned.

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