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  4. Apr 2012

Petroleum Economist

Indian state-owned Oil and Natural Gas Corporation (ONGC) is forming an alliance with US supermajor ConocoPhillips in a bid to boost its shale gas capabilities ahead of India’s first shale-gas licensing round
The UK’s nascent shale-gas sector is showing signs of turning around after grinding to a halt last year when Cuadrilla Resources was suspected of setting off a series of tremors while hydraulically fracturing (fracking) a well in northern England
The US Geological Survey (USGS) has cast doubt on recent speculation linking the rise in earthquakes across the interior of the US to the increased use of hydraulic fracturing (fracking) in unconventional oil and gas exploration
Chesapeake Energy, the US’s second-largest natural-gas producer, has sealed a series of deals that will raise $2.6 billion as the company looks to bridge a funding gap that has been exacerbated by decade-low natural gas prices
Australian independent Linc Energy is primed to produce gas in China after finding a cornerstone investor and joint-venture partner for its underground coal gasification (UCG) technology
Regulators could almost eliminate the risk of shale gas exploration contaminating groundwater resources by barring companies from hydraulically fracturing (fracking) within 600 metres of aquifers, a new study from Durham University has said
Excitement over Australia’s shale-gas prospects has allowed juniors operating in the emerging sector to make big gains last year. But whether the perceived opportunities deliver anything more than inflated stock prices remains to be seen