Keyword: shale

News

Sinopec to Buy Stake in Chesapeake Assets for $1.02 Billion

25.02.2013 - China Petroleum & Chemical Corp (Sinopec) will buy half of Chesapeake Energy's Mississippi Lime oil and gas properties in Oklahoma for $1.02 billion to increase its presence in the...

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U.S. Shale May Force More European Refinery Closures

21.02.2013 - Europe's hard-pressed refining industry faces more closures as its competition in the United States enjoys the double bonus of growing domestic shale oil supply and cheaper...

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US Senate Panel Mulls Future of Natural Gas Policy

12.02.2013 - Booming shale gas production is reshaping the energy outlook in the United States and Washington must re-examine how it regulates natural gas development and exports, lawmakers...

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German Minister Dashes Hopes for Shale Gas Fracking

11.02.2013 - Germany's environment minister said on Monday he did not want to make it easy for companies to start using controversial gas drilling methods, or fracking, dampening gas explorers'...

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U.S. Shale Gas Revolution Throws Down the Gauntlet to Europe

04.02.2013 - The United States is enjoying an energy bonanza thanks to shale gas, making it a magnet for industry, reducing import dependence and challenging Europe as it battles to dig itself...

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German Upper House Passes Resolution to Tighten Fracking Rules

02.02.2013 - Germany's upper house of parliament passed a resolution on Friday urging Chancellor Angela Merkel's government to tighten the rules for controversial modern drilling techniques, or...

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Exxon, Chevron Earnings Boosted by Refining Margins

01.02.2013 - Strength in refining and chemicals led to higher-than-expected fourth-quarter earnings for Exxon Mobil and Chevron, the two largest U.S. oil companies. A flood of oil produced from...

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Kinder Morgan to Buy Pipeline Firm Copano for $3.22 Billion

30.01.2013 - Kinder Morgan Energy Partners will buy natural gas pipeline operator Copano Energy for $3.22 billion to tap into growing demand for infrastructure to transport vast supplies from...