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Unconventional Oil and Gas News

Gulfoilandgas.com's coverage of unconventional fuels news and technologies. Topics include shale gas, oil shale, oil sands, CBM, tight oil, tight gas and heavy oil.

Thailand's PTTEP Puts Canadian Oil Sands Project on Hold
Thailand’s PTT has put off plans to develop its Mariana oil sands project in Canada due to weak oil prices, and booked its third impairment on the project in three years, taking total writedowns on it...
10/20/2017 - Oil Sands - Canada
Tlou Energy Commences Seismic Survey at Lesedi Project
Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (CBM), is pleased to announce that work has ...
10/9/2017 - Coalbed Methane - Botswana
Carrizo Oil & Gas to Sell its Marcellus Shale Assets
Carrizo Oil & Gas, Inc. entered into an agreement to sell its assets in the Marcellus Shale to a subsidiary of Kalnin Ventures LLC for $84 million in cash, subject to customary closing terms and condi...
10/6/2017 - Shale Gas - United States
Green Dragon Executes Another 3 Supplementary Agreements on CBM Blocks with CNOOC
Green Dragon Gas, one of the largest independent companies involved in the production and sale of coal bed methane (CBM) gas in China, has announced its wholly owned subsidiary Greka Energy (Internati...
10/4/2017 - Coalbed Methane - China
South Africa Karoo Shale Gas Deposits Seen Less Than Earlier Estimates
South Africa’s Karoo basin probably has a 30th of the shale gas deposits that some estimates had suggested, deflating expectations of an energy bonanza, a study published on Thursday said. The finding...
9/28/2017 - Shale Gas - South Africa
Saudi Aramco to Finish First Shale Gas Project Soon
State oil giant Saudi Aramco is expected to finish building facilities soon in the north of the kingdom that will allow it to produce shale gas for the first time, industry sources said. ...
9/27/2017 - Shale Gas - Saudi Arabia
Shale Support & Tidewater Logistics Partner to Increase Access to Shale Basins
Shale Support Holdings, LLC, a leading provider of frac-sands and logistical solutions to the oil and gas proppant market, announced its partnership with Tidewater Logistics. The agreement increases S...
9/26/2017 - Shale Gas - United States
Green Dragon Gas & CNPC Get Development Approval for Greka Chengzhuang CBM Block
Green Dragon Gas, one of the largest independent companies involved in the production and sale of coal bed methane (CBM) gas in China, has announced that the China National Development and Reform Comm...
9/15/2017 - Coalbed Methane - China
Carrizo Oil & Gas Sells Utica Shale Assets for US$62 Million
Carrizo Oil & Gas, Inc. provided an update on its operations following Hurricane Harvey as well as announced an agreement to sell its assets in the Utica Shale. ...
9/5/2017 - Shale Gas - United States
Statoil Evacuates Eagle Ford Shale Staff Ahead of Hurricane Harvey
Statoil ASA is evacuating staff from the Eagle Ford shale region as Hurricane Harvey moves closer to the Texas coast. The Norway-based oil producer is securing its two drilling rigs in the shale regio...
8/24/2017 - Shale Gas - United States
Quantum Energy Partners Acquires Acres in Eagle Ford Shale
Quantum Energy Partners, a leading energy private equity firm, is pleased to announce the formation of Vitruvian Exploration IV with industry veterans Richard Lane, John Thaeler and Brian Rickmers. Su...
8/24/2017 - Shale Gas - United States
Alberta Energy Regulator Amends Joint Review Panel Agreement
The Honourable Catherine McKenna, Minister of Environment and Climate Change and Jim Ellis, President and Chief Executive Officer of the Alberta Energy Regulator, announced an amendment to the Joint R...
8/24/2017 - Oil Sands - Canada
BHP to Quit US Shale Business as Annual Profit Surges
BHP Billiton, the world's largest miner, reported a surge in underlying full-year profits and said it would exit its underperforming U.S. shale oil and gas business, pleasing disgruntled shareholders ...
8/22/2017 - Shale Gas - United States
Tlou Energy Wins Mining Licence for Lesedi CBM Project
Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (CBM), has been advised that a Mining Licenc...
8/21/2017 - Coalbed Methane - Botswana
Sanchez Energy to Sell Javelina Asset for $105 Million
Sanchez Energy Corporation has entered into a definitive agreement to sell its Javelina asset in the Eagle Ford Shale for approximately $105 million in cash. The transaction is subject to customary te...
8/17/2017 - Shale Gas - United States
Greka Drilling Awarded Two New Contracts by PetroChina CNPC
AIM-listed Greka Drilling, the largest independent and specialized unconventional oil & gas driller in Asia, has been awarded two new drilling contracts with PetroChina Huabei Oilfield (a subsidiary o...
8/16/2017 - Coalbed Methane - China
China to Build New Shale Gas Bases & Offer More Oil & Gas Block Tenders
China is likely to build two shale gas bases in the south of the country and open up tenders for more oil and gas exploration blocks in the world's biggest energy producer, the Ministry of Land Resour...
8/15/2017 - Shale Gas - China
BP Makes Mancos Shale Gas Discovery in New Mexico
BP has brought online a highly productive natural gas well in the Mancos Shale, highlighting the potential of the New Mexico field to be a significant new source of U.S. natural gas supply. ...
8/7/2017 - Shale Gas - United States
Tlou Energy Applies for Mining Licence for Lesedi CBM Project
Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (CBM), has lodged a Mining Licence Applicati...
7/3/2017 - Coalbed Methane - Botswana
Sanchez Energy to Sell Non-Core Marquis Asset in Eagle Ford Shale
Sanchez Energy Corporation (Sanchez Energy) has sold its non-core Marquis asset in the Eagle Ford Shale to Lonestar Resources US, Inc. (Lonestar) for approximately $50 million of cash, subject to the ...
6/16/2017 - Shale Gas - United States
Canada Invites Chinese Investment in Oil Sands
The Canadian government is inviting Chinese investment in its oil sands sector, Canada Natural Resources Minister Jim Carr said on Thursday, following a torrid six months in which $22.5 billion in for...
6/9/2017 - Oil Sands - Canada
Apache Sells Canadian Oil Assets to Cardinal for C$330 Million
U.S. oil and gas producer Apache Corp is selling Canadian light oil assets to Canada's Cardinal Energy Ltd so it can focus on high-growth areas like the Permian basin shale play, an Apache spokesman s...
6/1/2017 - Oil Shale - Canada
Shell Completes Divestment of Oil Sands Interests in Canada
Royal Dutch Shell plc announces the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) that will see Shell sell all its i...
5/31/2017 - Oil Sands - Canada
S.Korea's SK Innovation Sees Oil Prices Staying Low, Eyes US Crude
South Korea's SK Innovation , which owns South Korea's top refiner SK Energy, said on Tuesday it expects U.S. shale output to keep oil prices low, and is looking for opportunities to bring in U.S. cru...
5/30/2017 - Shale Gas - South Korea
Freedom initiates the drilling of its first horizontal Eagle Ford Shale
Freedom Oil and Gas Ltd (FDMQF) announced that it has commenced the drilling of the first well on its Dimmit County, Texas acreage targeting the Eagle Ford Shale. The well, Wilson BE #1, is the first ...
5/23/2017 - Shale Gas - United States
Indonesia Offers 15 Oil Blocks Amid Thin Industry Interest
Indonesia is offering 15 conventional and unconventional oil and gas blocks to potential bidders, government officials said on Friday, hoping more flexible terms will help reverse flagging interest in...
5/21/2017 - Shale Gas - Indonesia
ConocoPhillips Completes Sale of FCCL Partnership Interest
ConocoPhillips completed its previously announced transaction with Cenovus to sell its 50 percent nonoperated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the m...
5/17/2017 - Oil Sands - Canada
South Africa to Award 1st Shale Gas Exploration Licences by End-Sept
South Africa's government may award its first shale gas exploration licences by the end of September, after environmental objections delayed the process, a senior government official said. The five li...
5/16/2017 - Shale Gas - South Africa
Questerre Acquires Minority Interest in Red Leaf
Questerre Energy Corporation (Questerre) has made a strategic investment in Red Leaf Resources, Inc. (Red Leaf). Through an agreement with one of the vendors, Whitehorn Resources Inc. (Whitehorn), Que...
5/11/2017 - Oil Shale - Jordan
Wintershall Starts First Pilot Well in Argentina
Wintershall has launched its second operated shale oil pilot project in Argentina (100% working interest). The company has spud the first of three horizontal pilot wells in the Bandurria Norte block, ...
5/11/2017 - Oil Shale - Argentina
Suncor to Apply to Build New Oil Sands Project in Northern Alberta
Suncor Energy, Canada's largest oil and gas producer, said on Monday it plans to submit an application to regulators for a new thermal oil sands project later this year, which could eventually produce...
5/9/2017 - Oil Sands - Canada
OGA and EEEGR to Host Tight Gas Hackathon
The Oil and Gas Authority (OGA), in conjunction with the East of England Energy Group (EEEGR), will host its second hackathon event in Norwich to bring operators and the supply chain together to focus...
5/8/2017 - Tight Gas - United Kingdom
BHP Investor Tribeca Calls for Sale of US Shale Assets
A second BHP Billiton Ltd shareholder has made a public push for changes at the world's largest miner, with Sydney-based Tribeca Investment Partners pressing the company to sell its U.S. shale assets ...
5/5/2017 - Shale Gas - United States
Questerre Provides Update on its Jordan Oil Shale Project
Questerre Energy Corporation (Questerre) reported on an essential test of mechanical rock properties for its oil shale in Jordan. ...
5/1/2017 - Oil Shale - Jordan
Total Sanctions the Development of Vaca Muerta Shale Resources
Total has sanctioned the development of the first phase of the operated Aguada Pichana Este license in the giant Vaca Muerta shale play in Argentina. Moreover, the Group will also increase its interes...
4/27/2017 - Shale Gas - Argentina
Suncor Evaluates Potential Oil-Sand Deals as Global Majors Exit
Suncor Energy Inc , Canada's largest energy producer, is still evaluating opportunities for oil sands acquisitions in northern Alberta as foreign oil majors exit the high-cost region, Chief Executive ...
4/27/2017 - Oil Sands - Canada
BHP Billiton Puts US Shale Gas Assets on the Block Again
BHP Billiton has put its Fayetteville shale gas assets in the United States back on the block, the world's largest miner said, as it seeks to focus on more lucrative opportunities in oil. BHP first tr...
4/26/2017 - Shale Gas - United States
China's CNOOC Tenders 10 Coal Bed Methane Blocks
China National Offshore Oil Company, or CNOOC, issued a tender offering domestic and foreign companies to bid for 10 coal bed methane blocks in the country, the company said on Thursday. ...
4/23/2017 - Coalbed Methane - China
CNPC Approves Chengzhuang CBM Block Development Plan
Green Dragon Gas , one of the largest independent companies involved in the production and sale of Coal Bed Methane (CBM) gas in China, has announced that the Qinshui Basin Chengzhuang Cooperative CBM...
4/20/2017 - Coalbed Methane - Chile
BP Considering Sale of Stakes in Canadian Oil Sands Assets
BP Plc is considering the sale of its stakes in three Canadian oil sands projects, people familiar with the matter told Reuters this week, as part of the British oil company's strategy of retreating f...
4/20/2017 - Oil Sands - Canada
Shell Opens Treatment Plant in Argentina Shale Play
Royal Dutch Shell PLC inaugurated a treatment plant for shale oil and gas in Argentina's Vaca Muerta shale play, one of the world's largest. ...
4/18/2017 - Shale Gas - Argentina
Chevron Exploring Sale of Canada Oil Sands Stake for $2.5b
Chevron Corp, the second-largest U.S.-based oil producer, is exploring the sale of its 20 percent stake in Canada's Athabasca Oil Sands project, which could fetch about $2.5 billion, according to peop...
4/13/2017 - Oil Sands - Canada
YPF & Schlumberger Signed Agreement to Invest $390M in Vaca Muerta
Schlumberger President of Operations, Patrick Schorn, and YPF Chairman, Miguel Angel Gutierrez, signed an agreement to start a shale oil pilot project in Bandurria Sur Block in Vaca Muerta, Neuquen. ...
4/12/2017 - Oil Shale - Argentina
Nexen Joins ConocoPhillips in Cutting Oil Sands Output
Two oil sands producers in northern Alberta have cut production at their facilities due to a shortage of synthetic crude, market sources said, causing Canadian and U.S. crude prices to surge to multi-...
4/6/2017 - Oil Sands - Canada
ConocoPhillips to Sell Assets in Canada for $13.3 Billion
ConocoPhillips has signed a definitive agreement with Cenovus to sell its 50 percent nonoperated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the majority of it...
3/29/2017 - Oil Sands - Canada
Tecpetrol Launches the Development Plan of Fortin de Piedra
Tecpetrol launches the development plan of Fortin de Piedra, in Vaca Muerta. It will require an investment of US $ 2.3 billion in the first phase until 2019. It provides for the drilling of 150 wells ...
3/23/2017 - Shale Gas - Argentina
IGas Energy Granted Approval to Drill for Shale Gas at Tinker Lane in Nottinghamshire
IGas, a leading UK onshore oil and gas explorer and producer, says it welcomes Nottinghamshire County Council's Planning and Licensing Committee decision to grant planning consent for the application ...
3/21/2017 - Shale Gas - United Kingdom
Drilling of Vaca Muerta Oil Resource Play
Madalena Energy Inc. (MDLNF) is pleased to announce the commencement of the first horizontal multi-frac re-entry (the Re-entry Program) in the Vaca Muerta shale formation at Coiron Amargo Sur Este (CA...
3/17/2017 - Oil Shale - Argentina
Statoil & Rosneft Move Forward with Samara Region Tight Oil Cooperation
The document was signed by Rosneft president Igor Sechin and Statoil CEO Helge Lund. This is another significant step forward following the heads of agreement for tight oil cooperation signed in June ...
3/9/2017 - Tight Oil - Russia
Shell Divests Oil Sands Interests in Canada for $7.25 Billion
Royal Dutch Shell plc announces the signing of two agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) — which are detailed in this announcement — that will see ...
3/9/2017 - Oil Sands - Canada
Rosneft Buys Egyptian Crude for First Time in Tender
The trading arm of Russia's state oil firm Rosneft bought three cargoes of Egypt's heavy sour Ras Gharib grade, the first time the company has bought Egyptian crude. Geneva-based Rosneft Trading won t...
3/8/2017 - Heavy Oil - Egypt
Wintershall Abandons Plans to Carry Out Scientific Research into Shale Gas
Wintershall, Germany’s biggest crude oil and natural gas producer, has abandoned plans to carry out further scientific research into shale gas in the “Rheinland” and “Ruhr” approved fields in North Rh...
3/1/2017 - Shale Gas - Germany
Iran Finds 2 bln Barrels Shale Oil Reserves in Western Province
Iran has discovered major reserves of shale oil in the western parts of the country with a top official saying that the reserves are the first that have a feasible potential for production. ...
2/28/2017 - Unconventional Resources - Iran
YPF & Shell Agree on a Project Development in Argentina
Shell Argentina President Teofilo Lacroze and YPF President Miguel Angel Gutierrez signed an agreement on preliminary terms and conditions for the development of non-conventional hydrocarbons in Vaca ...
2/23/2017 - Oil Shale - Argentina
ConocoPhillips Revises Down over 1 bln bbls of Oil Sands Reserves
ConocoPhillips has revised down over a billion barrels of oil sands reserves because of low global crude prices, a company filing showed on Tuesday, the latest sign that some of Canada's vast hydrocar...
2/22/2017 - Oil Sands - Canada
Iran Finds 2 bln Barrels Shale Oil Reserves in Western Province
Iran has discovered major reserves of shale oil in the western parts of the country with a top official saying that the reserves are the first that have a feasible potential for production. ...
2/20/2017 - Shale Gas - Iran
Iran Finds 2 Billion Barrels Shale Oil Reserves in Western Province
Iran has found shale oil reserves of 2 billion barrels of light crude in its western Lorestan province, a senior official at the state-run National Iranian Oil Company (NIOC) was quoted as saying on S...
2/19/2017 - Shale Gas - Iran
S. Korea's KOGAS Says Interested In US Shale Gas Projects
Korea Gas Corp (KOGAS), the world's No.2 buyer of liquefied naturalgas (LNG), would be "interested" in participating in U.S. shale gas projects, with such investment curbing any potential trade pressu...
2/10/2017 - Shale Gas - United States
The W74 Platform of Yanchuannan CBM Field
Up to February 8 Yanchuannan CBM field, Sinopec’ first CBM field, has supplied over 100 million cubic meters of CBM to Shanxi province since its construction in 2015. ...
2/10/2017 - Coalbed Methane - China
EV Energy Partners Acquires $59 Million Eagle Ford
EV Energy Partners, L.P. announced that on January 31, 2017, it closed on an acquisition of Eagle Ford oil and natural gas properties in Karnes County, TX for $58.7 million (before post-closing purcha...
2/1/2017 - Shale Gas - United States
Statoil Completes the Sale of its Oil Sands Business
Statoil and Athabasca Oil Corporation have completed their previously announced transaction, whereby Statoil has sold its entire oil sands operations in the Canadian province of Alberta to Athabasca. ...
1/31/2017 - Oil Sands - Canada
PetroChina Aims to Meet a Third of China's Shale Gas Target by 2020
China's biggest energy giant PetroChina plans to step up shale gas development in Sichuan province this year, aiming to meet a third of a 2020 government target for the unconventional resource, accord...
1/27/2017 - Shale Gas - China
EP Energy Announces Permian Drilling Joint Venture
EP Energy Corporation (EPE) announced it has, through a subsidiary, entered into a drilling joint venture with private capital investor, Wolfcamp Drillco Operating L.P. (Investor), to fund future oil ...
1/26/2017 - Oil Shale - United States
PDO Invites Firms to Unlock Potential of Habhab Heavy Oilfield
Majority state-owned Petroleum Development Oman (PDO) is looking to partner with international oil and gas companies in harnessing the prodigious hydrocarbon potential of its Habhab oilfield – a large...
1/18/2017 - Heavy Oil - Oman
Tlou Receives Request for Proposal for up to 100MW of CBM Power
Tlou Energy Limited, an AIM and ASX listed company focused on delivering power in Botswana and Southern Africa through the development of coal bed methane (CBM) at its Lesedi CBM project, has received...
1/10/2017 - Coalbed Methane - Botswana
Important Impetus to the Development of Non-Conventional
The President of the Nation, Mauricio Macri, announced an important agreement with the province of Neuquen, the companies and the oil unions to promote the exploitation of oil and non-conventional gas...
1/10/2017 - Shale Gas - Argentina
JERA Imports Japan's First Liquefied Shale Gas Cargo From U.S.
Japan's JERA Co said on Friday it imported the country's first liquefied shale gas cargo from the United States as part of efforts to diversify its supply. ...
1/6/2017 - Shale Gas - United States
Argentine Province to Auction Six Vaca Muerta Oil & Gas Blocks
Gas y Petroleo del Neuquen SA (GyP), the oil and gas company owned by Argentina's Neuquen province, plans to auction exploration rights to six blocks in the Vaca Muerta shale play, local media reporte...
12/24/2016 - Oil Shale - Argentina
BNK Petroleum Commences Drilling on its Tishomingo Field
BNK Petroleum Inc. is pleased to announce that drilling operations have commenced on its Tishomingo Field, Caney oil shale operations in Oklahoma. The drilling rig contracted by the Company has begun ...
12/21/2016 - Oil Shale - United States
Chesapeake Sells 2nd Haynesville Shale Acreage Position for $465m
Chesapeake Energy Corporation has signed an agreement to sell a portion of the company's acreage and producing properties in its Haynesville Shale operating area in northern Louisiana for approximatel...
12/20/2016 - Shale Gas - United States
Kuwait to Start Heavy Oil Production by 2018
Heavy oil production will begin in the end of the year 2018 with roughly 10 to 15 thousand barrels per day at Ratqa refinery, Chief Executive Officer (CEO) of Kuwait Oil Company (KOC) Jamal Jaafar sai...
12/7/2016 - Heavy Oil - Kuwait
YPF & Petronas Confirm the Continuity of Shale Oil Project
YPF and Petronas, through its subsidiary Petronas E & P Argentina SA, confirmed the continuity of the shale oil pilot project, which both companies started in 2015 in La Amarga Chica, province of Neuq...
11/23/2016 - Oil Shale - Argentina
IGas Granted Approval to Drill for Shale Gas at Springs Road
IGas Energy plc (IGas), one of the leading producers of hydrocarbons onshore Britain, is pleased to announce that Nottinghamshire County Council's Planning and Licensing Committee has granted planning...
11/15/2016 - Shale Gas - United Kingdom
BP and Oman Sign Extended Licensing Agreements for Khazzan Project
BP and Oman Oil Company Exploration & Production signed an agreement with the Government of the Sultanate of Oman amending the Oman Block 61 exploration and production sharing agreement (EPSA) to exte...
11/8/2016 - Tight Gas - Oman
Indonesia Offering Three Unconventional Gil and Gas Blocks
Indonesia is offering three new unconventional oil and gas blocks on the islands of Sumatra and Kalimantan to potential bidders, an energy ministry official said. ...
10/31/2016 - Unconventional Resources - Indonesia
Antonoil Successfully Launched Integrated Coalbed Methane Turnkey Project in Guizhou
Anton Oilfield Services Group (Anton Oilfield Services), the leading independent oil and gas field technical services supplier in China, is pleased to announce the successful launch of the integrated ...
10/25/2016 - Coalbed Methane - China
Sanchez Energy Sells Non-Core Eagle Ford Shale Assets
Sanchez Energy Corporation (Sanchez Energy) has executed a definitive agreement with Carrizo Oil & Gas, Inc. (Nasdaq:CRZO) (Carrizo) to sell certain non-core assets in the Eagle Ford Shale. ...
10/24/2016 - Unconventional Resources - United States
Gazprom Keeping Track of Shale Gas Industry & LNG Prospects Worldwide
The Gazprom Board of Directors took note of the information about the prospects of the shale gas and LNG sectors around the world, as well as the opportunities and threats facing the Company. ...
10/18/2016 - Shale Gas - Russia
Fluor Completes Module Fabrication for Oil Sands Project
Fluor Corporation (FLR) announced that all 358 modules have been fabricated and shipped to the site for its portion of the Fort Hills Energy L.P. oil sands mining project in the Athabasca region of Al...
10/18/2016 - Oil Sands - Canada
Tlou Achieves Initial Independent Gas Reserve Certification
Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (CBM) has received an initial Independent Re...
10/12/2016 - Unconventional Resources - Botswana
KPMG Study Potential Benefits of Onshore Gas Development in South Africa
Onshore natural (shale) gas development in South Africa is likely to improve the region’s budget deficit, lead to economic growth and increase employment opportunities as well as boost overall income,...
10/11/2016 - Shale Gas - South Africa
KKR & Venado to Pursue Oil & Gas Investments in Eagle Ford Shale
KKR and Venado Oil and Gas, LLC (Venado) announced a partnership to consolidate proven assets in the Eagle Ford Shale of South Texas. The partnership is principally funded by KKR's Energy Income and G...
9/29/2016 - Shale Gas - United States
PDO, ITF Launch Reservoir Characterisation Project
The Industry Technology Facilitator (ITF), together with Energie Beheer Nederland (EBN) and Petroleum Development Oman (PDO), has launched a joint industry project (JIP) which will reduce time and cos...
9/16/2016 - Tight Gas - Oman
Quest CCS Project Reaches Significant One-Year Milestone
In its first year operating, the Quest carbon capture and storage (CCS) project has captured and safely stored one million tonnes of CO2 ahead of schedule. Quest is the first CCS project applied to oi...
9/15/2016 - Oil Sands - Canada
BP Signs Second Chinese Shale Gas Contract with CNPC
BP has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC). The PSC, signed on 27th July, covers an...
9/1/2016 - Shale Gas - China
Emerstone Energy Wins Ukraine Shale Search After Shell Pulls Out
A company set up by investment fund Emerstone Energy has won a contract for shale gas exploration in Ukraine, after Royal Dutch Shell withdrew as separatist violence erupted in Ukraine's east. State c...
7/27/2016 - Shale Gas - Ukraine
Tokyo Gas Acquires Eagle Ford Shale Gas Assets
Tokyo Gas America Ltd. (wholly owned subsidiary of Tokyo Gas Co., Ltd.) closed the transaction through its affiliate to acquire the Eagle Ford shale gas assets of the VirTex group located in the Webb ...
6/21/2016 - Shale Gas - United States
Essar's Raniganj Block Becomes India's First CBM Asset
Essar announced that its Raniganj (East) Block in West Bengal has become India’s first CBM (Coal Bed Methane) asset to cross the 1 million scmd (standard cubic metres per day) production milestone. Th...
6/21/2016 - Coalbed Methane - India
Petrobras Argentina Extends Concession in Vaca Muerta
Petrobras Argentina has an agreement to extend a shale gas concession for 35 years in the South American country's Vaca Muerta region. ...
6/16/2016 - Shale Gas - Argentina
ENAP & ConocoPhillips Exploit Unconventional Hydrocarbons in Magallanes
The National Petroleum Company (ENAP) signed a partnership agreement with US oil company ConocoPhillips for exploration and production of unconventional gas in the Coiron Block in the Magallanes Regio...
6/13/2016 - Unconventional Resources - Chile
Suncor Restarts Oil Sands Operations
Suncor has begun the safe and staged restart of its operations in the Regional Municipality of Wood Buffalo (RMWB) with initial production from its Firebag in situ facility early last week. ...
5/29/2016 - Oil Sands - Canada
CNPC & Chongqing Municipal Government Sign Strategic Cooperation Agreement
A strategic cooperation agreement was inked between CNPC and Chongqing Municipal Government for the 13th Five Year Plan Period. PetroChina Vice President Tian Jinghui and Weng Jieming, Member of the S...
5/23/2016 - Shale Gas - China
Canada Wildfire: Oil Workers Urged to Leave Fort McMurray Camps
Around 12,000 people have been urged to leave Canada's oil sands camps near the fire-hit town of Fort McMurray as a resurgent wildfire heads towards them. 8,000 people were given precautionary evacuat...
5/17/2016 - Oil Sands - Canada
Huge Tight Gas Reserves in Iran
A senior official with Irans Research Institute of Petroleum Industry (RIPI) says the country enjoys vast shale gas reserves in the western province of Lorestan. ...
4/26/2016 - Tight Gas - Iran
Argentine Shale Industry Leaders to Meet In Buenos Aires for High-Level Summit
The second annual Argentina Shale Gas & Oil Summit is a two-day conference and networking event for the shale gas industry in Argentina. The event will explore current and future possibilities for the...
4/6/2016 - Shale Gas - Argentina
CNPC & BP Sign Neijiang-Dazu Shale Gas PSC
In the presence of CNPC Chairman Wang Yilin and BP CEO Bob Dudley, a production sharing contract (PSC) for the Neijiang-Dazu shale gas block of Sichuan Basin was inked between CNPC and BP in Beijing. ...
4/1/2016 - Shale Gas - China
US Shale Gas Arrives in Europe on board INEOS Intrepid
INEOS confirmed that its vessel, the INEOS Intrepid, has arrived at the INEOS petrochemicals plant at Rafnes in Norway, carrying 27.500m3 of US shale gas ethane. This is the very first time that ethan...
3/23/2016 - Shale Gas - United States
Industry Leaders to Meet in Argentina for Senior-Level Shale Summit
The second annual Argentina Shale Gas & Oil Summit (A-SGOS) will be held in Buenos Aires on May 9th & 10th 2016. The summit will provide a two-day conference, exhibition and networking event to addres...
3/16/2016 - Shale Gas - Argentina
China Raises Cash Subsidy for CBM Produced Locally by 50%
Green Dragon Gas Ltd. (GDG), one of the largest independent companies involved in the production and sale of Coalbed Methane ('CBM') gas in China, reports a 50% increase, from $0.87/Mcf to $1.31/Mcf, ...
3/15/2016 - Coalbed Methane - China
Apache With Shell Eye Egypt for Unconventional Gas in June
Apache Corp. and Royal Dutch Shell Plc plan to start producing unconventional gas from their joint venture in Egypt’s Western Desert by the end of June even as Apache is cutting investment in the nati...
3/13/2016 - Unconventional Resources - Egypt

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