Sentences with phrase «us shale gas»

The LNG Canada and Kitimat LNG projects, as well as a fourth plant proposed for the northern B.C. coast by Malaysian state energy company Petronas and Calgary - based Progress Energy, will likely have to wait for new pipelines to be built directly from the shale gas fields of northeastern B.C. Kitimat LNG's owners are separately developing the Pacific Trails pipeline to their terminal.

Most of it will come from mines in Wyoming and Montana that find themselves without domestic customers since the shale gas revolution, combined with emissions control regulation, drove utilities in the U.S. to shut down coal - fired plants and fire up cleaner - burning natural gas plants.

News of Linc Energy's estimated shale gas resources in South Australia appears to be benefitting a Perth - based clean energy company.

China too has huge shale gas reserves that will satisfy much of its domestic demand as extraction techniques pioneered in North America spread there.

In 2012 it bought Celtic Exploration Ltd. for $ 3.1 billion, vastly increasing its acreage in the shale gas formations of northern B.C. and Alberta.

As fracking became commercially viable, oil and gas drilling companies entered communities with shale gas resources, which can have a number of local effects.

At the same time, Canada's American export market, worth $ 31 billion in 2005, is dwindling to almost nothing as a result of growing shale gas production stateside.

Until, that is, the subject of environmental concerns and the media coverage of the shale gas boom comes up.

Finally, one from the Fortune archives: Brian O'Keefe's 2012 magazine story on ExxonMobil's big bet on shale gas.

The U.S.'s shale gas industry, though, is more developed than Canada's, and much of the infrastructure needed to deep - freeze the gas and load it in liquid form onto tanker ships already exists.

But with the shale gas revolution, the two commodities» prices have decoupled.

Goldman Sachs has downgraded its estimations for oil prices for this year, citing a potential rise in shale gas production, new projects and OPEC restrictions.

The movement to develop Western Canadian shale gas and export it across the Pacific has suffered a setback, but its time will come.

Had the deal closed, the sale of a half - interest in the Cutbank Ridge shale gas play would have been the largest investment of any kind by a Chinese state - controlled firm in Canada and the biggest reason to expect to see Asia - bound liquefied natural gas tankers docking on the West Coast in the not - too - distant future.

Chinese state - owned firms are making headway on projects to boost shale gas output, but bottlenecks remain, says Tingyun Yang of Wood Mackenzie.

Investors have welcomed news that engineering and contracting firm Monadelphous Group has teamed up with a family - owned company in the US to target work in the shale gas industry.

Shares of Chesapeake Energy pop after the shale gas pioneer reported quarterly profits and revenues that beat expectations.

The deal announced Wednesday will merge Rice Midstream Partners with EQT Midstream Partners, both of which are focused on the Appalachian region, the epicenter of the U.S. shale gas boom.

The new U.S. estimate of world shale gas resources at 7,299 trillion cubic feet is 10 percent higher than a previous estimate made in 2011.

Adam Sieminski, head of the department's Energy Information Administration, said: «Today's report indicates a significant potential for international shale oil and shale gas, though the extent to which technically recoverable shale resources will prove to be economically recoverable is not yet clear.»

But the council itself voted June 29 to reject the application by shale gas explorer Cuadrilla Resources to drill four wells in the region and to use fracking to test their ability to produce gas.

So far only a single shale gas well has been fracked in Britain.

Never mind the caveats that would limit the implications — for example, that the EPA studied shallow, vertical wells unlike those most commonly used for shale gas extraction.

The gas is there, quite possibly more than in Alberta — Apache Canada reported what it called «the most prolific shale gas resource test in the world» in B.C.'s Liard Basin a year ago — but at today's prices it's not worth drilling for.

British Columbia is likewise feeling the pinch, as what was looking like a shale gas boom little more than a year ago has gone quiet.

Then, in late 2009, Exxon Mobil, the biggest of Big Oil companies, bought shale gas producer XTO Energy for US$ 41 billion.

One of the nation's largest shale gas projects, with an investment of over $ 10 billion (7.3 billion euro), has stalled.

Responding to pressure from environmental opponents and fearful residents, shale - rich Quebec, France, New York and New Jersey have all imposed moratoriums on shale gas drilling pending further study of environmental and health impacts.

China has more than quintupled its natural gas consumption since 2000, according to research firm GlobalData, and though the country has huge shale gas reserves of its own, production can't keep up.

But first, the industry must prove shale gas extraction is even safe.

It is unlikely, then, that environmental concerns will halt shale gas development.

The shale gas boom has been feeding firms and factories across the country with cheap fuel, dramatically lower energy costs.

They also enjoy low energy costs courtesy of shale gas.

But he did so only after the advent of cheap shale gas had already rendered coal uneconomic, meaning many coal - fired plants would have been shuttered regardless of new rules from the EPA.

His front - page articles on fracking and shale gas and oil introduced readers to the companies, technology, and personalities that changed the global energy landscape.

The British oil giant reported huge figures from the shale gas well, suggesting the Mancos could provide a massive new source of U.S. shale gas.

«However, shale gas has huge potential in the UK, and is an opportunity to develop a new, homegrown energy source that would displace foreign imports and create tens of thousands of jobs.

Shale: Water First, Leak Later: The Climate Benefits of Shale Gas Could Leak and Wash Awaydiscusses how methane leakage and water usage rates are eroding the climate argument for shale gas.

Advances in horizontal drilling and hydraulic fracturing over the past 20 years led to a U.S. energy boom in «unconventionals,» a category that includes the shale gas and «tight» oil found in shale fields like the Cretaceous Eagle Ford and Mowry and older ones like the Barnett and Bakken.

The biggest challenge facing the new government will be the scale of its Soviet - like subsidies for shale gas development and the missing science on hydraulic fracturing.

British Columbia taxpayers are now subsidizing massive water allocations, road construction and basic scientific research for uneconomic shale gas development by multinational and Chinese national oil companies.

The report includes comparative profiles of 10 publicly traded shale gas developers.

Discovering Shale Gas: An Investor's Guide to Hydraulic Fracturing of Shale Plays explores in detail the environmental and social impacts of shale gas development in the United States, identifying key questions for investors and also broader issues about shale gas development's implications for extending the era of fossil fuel dominance.

With fracking blocked in France, Scotland, Bulgaria, Romania, the Czech Republic, and Germany, among others, the shale gas revolution has not spread to Europe.

This is a province with enough environmental mettle to turn its back on drilling for potentially rich shale gas reserves in the St. Lawrence Valley.

Poland was seen as the continent's greatest hope for shale gas, and the Polish government went out of its way to court major companies.

The British government led by Prime Minister David Cameron has embraced fracking and shale gas development in a way that much of the rest of Europe has not.

So too with China and other major energy importers — the world is now awash in shale gas and will remain so for many decades, if not centuries.

Only one shale gas well in Britain has been hydraulically fractured.

Britain is estimated to have substantial amounts of shale gas trapped in underground rocks and the national government has supported developing these reserves to counter declining North Sea oil and gas output.