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Petroleum Economist

The Western Australian government has introduced new environmental regulations that force operators to inform the public of the nature of chemicals used to drill unconventional wells in the state
The Czech Republic appears to be moving towards a moratorium on shale-gas exploration as ministers plan to meet in October to discuss a proposed two-year ban on hydraulic fracturing (fracking) while the country seeks to tighten environmental regulations on the controversial drilling practice
State-run Kuwait Petroleum Corporation (KPC) is poised to take a stake in Canada’s oil sands. The details of the agreement, with Athabasca Oil Corporation, have yet to be disclosed, vbut Athabasca's shares have risen in anticipation of a deal
An Australian court has told Dart Energy it cannot start drilling at its Fullerton Cove coal-bed methane (CBM) project in New South Wales (NSW) until a full legal challenge from a group protesting its plans is heard
Shale gas could bolster Europe’s energy security and lower prices, but it would do little to reduce the continent’s import dependency even under the most optimistic development scenario, the European Commission has said in a new report
Canada’s largest natural gas producer Encana has cleared itself in an internal investigation over allegations that it colluded with Chesapeake Energy in US land purchases, but still faces a potentially costly federal anti-trust investigation over the matter
South Africa has lifted its 18-month moratorium on shale-gas exploration, opening the door for Shell and others to start early-stage exploration work in the Karoo basin, but warned that the country’s regulations need to be bolstered before full exploration – including hydraulic fracturing (fracking) – is allowed to go ahead
With oil prices expected to remain above $100 per barrel into 2013, the fuel subsidy burdens shouldered by many Asian governments will speed up the pace of market deregulation and could cut oil demand growth, consultancy Wood Mackenzie believes
UK gas group BG is struggling to sell a stake in its Queensland Curtis coal-bed methane (CBM) to liquefied natural gas (LNG) export plant in Australia
The Australian state of New South Wales (NSW) has opened its doors to coal-bed methane (CBM) exploration after overturning a moratorium on hydraulic fracture stimulation and a freeze on licensing
Governments across Mena should loosen control of their energy sectors, allow private firms a greater share of the upstream and push development of vast natural gas deposits in a bid to diversify their economies and remain competitive, said one of the region’s rising energy stars
Brazil holds potentially vast unconventional gas resources in basins across the country, but exploration remains at the very early stages and the country’s regulatory framework must be improved before progress can be made, a top official at the ANP, Brazil’s upstream regulator, has said
UK-based BG Group and Houston-based Spectra Energy Corporation are poised to build and operate an 850 km pipeline which will carry feedstock to a liquefied natural gas plant on the British Columbia (BC) coast
The economic-fiscal framework for unconventional resources is rapidly evolving, write Pedro van Meurs, Barry Rodgers and Jerry Kepes
The country’s resources sector has seen growth surge over the past decade, making it one of Latin America’s most attractive destinations for foreign investment. But that success has also sparked a backlash. Justin Jacobs looks at how Peru is reconciling the needs of industry with a growing chorus of domestic demands
Australian coal-bed methane (CBM) player Dart Energy is again attempting to spin off its international assets to raise fresh funds after binning a proposed floatation in Singapore earlier this year
Santos has warned that it is too late to avoid gas shortages and higher prices in New South Wales (NSW) following a near two-year delay in coal-bed methane (CBM) exploration in the Australian state
Despite reluctance to open its oil sector to foreign investors, Mexico is seeking to expand unconventional natural gas cooperation with the US, including investment in exploration, production and pipelines
India’s Reliance Industries and Venezuela’s PdV have signed energy cooperation agreements including a preliminary deal that could see Reliance spend billions of dollars in Venezuela’s Orinoco heavy-oil belt