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US SHALE SECTOR
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...- West Bengal holds Rs 50,000 crore shale gas hope but with ridersGEECL and Essar Oil who are producing CBM in the Ranigunj belt had expressed interest in exploring and extracting shale gas.
- US shale's the wild horse that Opec just can't tameThe strength of shale's rebound suggests that Opec faces a long-term struggle against this new source of supply.
- Global markets need to adjust to China slump: John Studzinski, Blackstone"China has been responsible for one-third of global growth for the last seven years. We have had the benefit; the world has had the benefit...
- Energy security to be high on the agenda during Modi's US visitNarendra Taneja said Indian firms have invested a lot in the shale gas sector in the US and many issues would be discussed.
- Time to get cracking on frackingThe current cost-plus system has led to endless disputes in Reliance’s case. This new policy will apply to conventional as well as non-conv...
- Private companies will get to explore shale in existing blocksVarious studies have estimated recoverable reserves of shale gas at between 6 trillion cubic feet and 63 trillion cubic feet.
- Cabinet's new policy: Only ONGC and OIL are eligible for shale oil and gas explorationThe cabinet has approved shale gas & oil exploration policy, which will pave way for ONGC and Oil India to hunt for non-conventional resour...
- As government readies shale policy, companies like RIL, Cairn, Essar bet on shale gas explorationCompanies like RIL, Cairn India and Essar Oil are preparing plans to kick-start the hunt for other sources of natural gas in the energy-hun...
- Infrastructure and liberal regulatory regime key to India's shale gas potential: EY reportTaking cues from the US, several countries have already begun to take steps to attract investment in their domestic shale gas resources.
- Pakistan believed to have record gas, oil reservesThe country currently produces about 4.2 billion cubic feet of gas and about 70,000 barrels of oil a day.
- RIL takes its shale reserves to global banks to raise upto $1 billionRIL is in the process of raising close to a billion dollars from global financial institutions and banks including JP Morgan, Wells Fargo a...
- ONGC Videsh in talks to buy shale gas assets in US, CanadaState-owned Oil and Natural Gas Corp is talks to buy shale gas assets in US and Canada but the firm's Iran investments are impeding closure...
- India bows to US pressure, cuts Iran oil import by 11%The US and EU have been pressuring New Delhi to halt buying crude from Iran as they try to arm-twist Teheran into abandoning its nuclear pr...
- GAIL set to bid for 20% shale gas assets in US coNicknamed ‘Project Gold’ , the deal is estimated to cost some $400-500 million, persons familiar with the negotiations said.
- CIL wants slice of shale gas pieAsked how CIL intended to get the technology for extraction of the gas, sources said this would not be a problem as there are cos that can ...
- Shale gas: The next big variable in energy equationShale gas in the next big variable in the energy equation. It's impact will be deep and lasting, be it on the prolific producers, guzzlers,...
- RIL to pay $1.3 b for Pioneer's shale assetsReliance Industries (RIL) on Thursday said it has agreed to pay $1.3 billion to Pioneer Natural Resources and its partner Newpek, wrapping ...
- Reliance to invest $1.36 bn on US shale gas venturePioneer in $1.15 bn Eagle Ford Shale JV with Reliance. Reliance to pay $210 mn for Newpek venture. Ambani Brothers | RIL mulls $9bn investm...
- RIL eyes gas JV with US firmTwo months after Reliance Industries bought a 40% stake in US-based Atlas Energy's Marcellus Shale gas operations for $339 million, the Muk...
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