Keyword: shale

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Unconventional US Oil, Gas Boom Expected to Create 1.3 Million Jobs

23.10.2012 - The U.S. oil and gas rush is cutting into jobless numbers, supporting a total of 1.7 million jobs this year, a number that will swell to almost 3 million by 2020, a leading...

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U.S. Shale Boom a Boon for Asian Crude Importers

03.10.2012 - Asian oil importers will pay lower premiums for their shipments as a shale oil boom diverts more barrels from the United States to the world's biggest net oil buying region over...

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Shale Gas Failure Offers Rescue for EU Green Energy Drive

23.08.2012 - Europe has been unable to repeat the shale gas revolution that has swept the United States, and that could prove to be the unlikely saviour of long-term EU efforts to spur...

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Shell Plans at Least $1 Billion a Year China Shale Gas Investment

21.08.2012 - Royal Dutch Shell plans to spend at least $1 billion a year exploiting China's potentially vast resources of shale gas, the firm's top China executive said, part of an aggressive...

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Frackers in Frantic Search for Guar Bean Substitutes

13.08.2012 - Oil and gas companies are racing to find a new substitute for India's guar bean, a key ingredient used in hydraulic fracturing, the drilling technology that has revolutionized the...

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Cheap Shale Gas Helps LyondellBasell Beat Estimates

27.07.2012 - Chemical maker and refiner LyondellBasell Industries reported quarterly profit that beat expectations on Friday as cheap North American shale natural gas helped offset lower...

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U.S. Shale Gas Boom Brings Bad News for Europe's Oil Refiners

26.07.2012 - European oil refiners are set to lose a vital export market because the U.S. petrochemical industry is shifting away from reliance on oil products, notably naphtha, and using cheap...

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BG Looks to Long Term after Quarterly Setbacks

26.07.2012 - British oil firm BG Group said its key long-term projects were on track as it reported a series of short-term setbacks, including weaker-than-expected quarterly earnings, a cut in...