Sentences with phrase «more shale gas»

The latest: As Germany's environment and economics ministers decide fracking needs a halt on hydraulic fracturing, the head of Britain's Environment Agency has come out in support of more shale gas.
«Assuming that technology will allow ever more shale gas production at low prices — and betting energy policy and the future energy security of the country on it — is risky business,» says geologist David Hughes, who retired from the Canadian Geological Survey and is now doing assessments of shale gas and oil for the nonprofit Post Carbon Institute, a California - based environmental think tank.
Like it or not, it's become increasingly clear that more shale gas is not welcome in New York.
A final investment decision has been made to move forward with a 1.9 Bcf / d pipeline being jointly developed by Kinder Morgan, DCP Midstream and Targa Resources that would allow more shale gas to move from the Permian Basin to the Texas Gulf Coast after the project secured long - term shipper commitments for about 85 % of its capacity, the companies said Thursday.

Not exact matches

It is redesigning its deepwater oil platforms and onshore shale - gas projects to simplify them, a major cultural change at a firm that has long prided itself more for engineering prowess than for economic discipline.
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.
The company's properties in the Bakken oilfields in North Dakota and the gas - rich Marcellus shale in Pennsylvania have proven much more bountiful than first thought, a windfall Dundas attributes to the company's skills upgrade.
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.
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 fracking opponents claim that, though natural gas is considered the greenest of fossil fuels, shale extraction is significantly more carbon - intensive than conventional production and may result in the release of large quantities of methane, itself a greenhouse gas.
Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppliGas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppligas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.
After becoming CEO in 2006, Tillerson led Exxon through more than a decade of ups and downs that included the late Hugo Chavez's seizure of Venezuelan oil fields, annual profits that set U.S. corporate records, and a 2010 shale acquisition that turned into a $ 35 billion wrong - way bet on natural gas.
Johannes Teyssen, chief executive of Eon, said there were no obvious options for Europe to narrow the US advantage — whether by drilling for shale gas, importing more liquefied natural gas or importing inexpensive US supplies.
More shale natural gas from basins in Oklahoma can find its way to the market with increased network access, shale producer Continental Resources said.
In other cases, the story is more nuanced: For example, oil and gas extraction firms benefit, while the producers of petroleum and coal products lose, echoing the tension between refiners and oil - shale producers.
With the US currently feeling more or less self - sufficient with the shale oil / gas boom of the last decade, the primary market for bitumen has dried up, and shipping it around the world is laughably uneconomical.
After the pipeline system was built more economic shale gas was discovered in other parts of the country, primarily the Utica and Marcellus Shale.
Christian environmental groups have criticised the Church of England's stance on fracking, a controversial method of drilling for shale gas that has been... More
Cuomo earned international headlines and significant credit with progressives and environmentalists when he banned fracking — a decision that was supported by public polling by the time he made it, more than six years after the state issued a de facto moratorium as it weighed the pros and cons (and polling), and that made New York the first state with a major shale gas deposit to enact a ban.
LONDON (ICIS)-- The UK chemical sector stands to benefit from shale gas more than any other European country thanks to a positive political environment and its large reserves, according to UK trade association the Chemical Industries Association (CIA).
Indeed, a shortage of accessible natural gas threatens to cause more manufacturing losses in the region, where the state has banned shale gas production via high - pressure hydraulic hydrofracturing.
But with the possible start to drilling for natural gas in the Marcellus shale formation of the Southern Tier, Libous — who supports the use of hydraulic fracturing — said more information is needed.
Some of the more intense campaigns in the Southern Tier were framed as referendums on shale gas development.
That's the sound of fracking — pumping a mix of water, sand and chemicals a mile or more into the Earth to shatter shale deposits and release the natural gas within.
New York is in the forefront of the shale gas boom and has been working on regulations for more than three years.
DOE was to do a speedy analysis that could ease public concern and start the industry down a more sustainable path as it tries to develop the 800 trillion cubic feet of technically recoverable gas in the shale.
Similar rules covering shale gas will come a year later, after the agency gathers more data on discharges.
The British Geological Survey (BGS) recently estimated that the UK has 150 billion cubic metres of shale gas, about half of its more conventional reserves.
And at that point, shale gas production would still be increasing, with much more extracted after 2030.
Coal - powered synthetic natural gas plants being planned in China would produce seven times more greenhouse gas emissions than conventional natural gas plants, and use up to 100 times the water as shale gas production, according to a new study by Duke University researchers.
Coal - powered synthetic natural gas plants being planned in China would produce seven times more greenhouse gas emissions than conventional natural gas plants, and use up to 100 times the water as shale gas production, according to a new study.
Simply put, the shale basins where the gas is trapped are at least 3,000 meters down and often more.
China would need to increase that shale gas production via fracking more than 30 times in just the next two years in order to meet its goal.
Fracking to free more natural gas from shale can help displace even more polluting coal in more developed countries such as the U.S. but can only serve as a bridge — and a very short bridge — to the zero - greenhouse - gas pollution future, unless also outfitted with carbon capture and storage to eliminate pollution.
The study came under heavy criticism from Cornell researcher Robert Howarth, who two years prior had published work that claimed methane emissions from shale gas operations were far more significant.
More than 30 states have shale formations that harbor natural gas underground, according to the Energy Information Administration.
In the 1990s, new drilling technology developed in Texas made recovering gas from shale far more efficient.
«The more organically rich the shale is, the more natural gas is present, but the more other stuff is in there too.»
Thanks to a bonanza of natural gas liberated from deep shales by new techniques, the U.S. is burning more and more of the fuel — and considering using more natural gas in more places, such as fuel for trucking.
«The report provides even more evidence that production of gas from shale can be made very safe,» he added.
The illustration displayed here explains the conventional, vertical well method of extracting natural gas, and the unconventional, more recent method of extracting natural gas in shale via horizontal drilling and hydraulic fracturing.
Natural gas is extracted from shale plays by a process called hydraulic fracturing, more commonly known as «fracking.»
Hydraulic fracturing, a technique for extracting oil and gas from shale rock, often takes place a mile or more below groundwater supplies.
Brain research raises the possibility of a very exotic future (this article assumes that such animals wouldn't be vicious or use their new - found smarts to drive other species to extinction) «Liberated» mice from Italian lab now housed in poor conditions Methane leaks of shale gas may undermine its climate benefits: If methane leak rates are more than 3 percent of output, fracking of shale gas formations may be boosting greenhouse gas emissions rather than lowering them.
Fracking (hydraulic fracturing) rock fracturing with pressurized liquid creating cracks in deep - rock formations through which shale gas, oil, tight gas and brine will flow more freely... major part of the Golden Age of gas, oil, tight gas and brine will flow more freely... major part of the Golden Age of gas and brine will flow more freely... major part of the Golden Age of GasGas
Compared to coal, the [climate] footprint of shale gas is at least 20 % greater and perhaps more than twice as great on the 20 - year horizon and is comparable when compared over 100 years.
The effect of the gas revolution in America on world consumption of gas (and emissions) is less likely to be felt through American LNG exports and more likely to be seen as the rest of the world starts looking for cheap shale gas at home.
Afterwards, he wrote me, «My energy career spanned more than six decades, so I deeply appreciated being recognized as an innovator... and pioneer of shale gas
New York officials crafting policy to regulate shale gas drilling amid unanswered health concerns will likely re-open the process to public hearings, essentially guaranteeing more momentum for the movement that has effectively stalled the industry's advancement into the Empire State for more than four years.
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