News - Shale Gas
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Affordable energy sources are crucial for economic growth and job creation across Europe, Irish Prime Minster Enda Kenny has said in a comment on the European Council meeting in Brussels Wednesday.
Ireland currently holds the rotating presidency of the Council, until June 30.
This week's council meeting...
Poland will not collect taxes on the production of shale gas until 2020, the finance minister has said.
The move is seen as designed to provide counter-encouragement to explorers, after a series of disappointments have led two energy majors to depart the scene in recent months.
"The law on the taxation...
San Leon Energy, one of Europe’s largest unconventional oil and gas companies by acreage, announced yesterday that John Buggenhagen is stepping down from the board with immediate effect.
Having relocated to Poland during the last four years, Buggenhagen developed San Leon’s portfolio and...
The European Union intends to examine concerns about hydraulic fracturing to mine shale gas, Energy Commissioner Gunther Oettinger has said.
The Commissioner made the comments in an interview with German newspaper Die Welt, and on the eve of a major hydrocarbon energy conference in Brussels.
Oettinger...
The European Summit of the Heads of State and Government of the European Union in Brussels on the 22nd of May will be heavily focused on natural gas developments, pointing out the importance of the energy commodity for the growth and development of the Continent.
More specifically, three themes...
“The state has sold Vama Veche! Chevron has the green light to explore shale gas”
The granting of environment permits for shale gas exploration by Romania’s Environment Ministry has brought the issue to the forefront of regional and national newspapers.
Last week, Romanian...
Natural gas from shale in Europe is an attractive option for energy, though "the jury is still out" on its potential, according to European Commissioner for Environment Janez Potočnik.
Potočnik said domestic natural gas production among member states is in decline. "We need to dig more...
US energy major Chevron says it is ready to start shale gas mining in another region of Romania.
Permits have been issued for work in several blocks in the Constanta municipality in the south of the country.
The area is near the border with Bulgaria, by the village of Vama-Veche, the Bulgarian...
Plans by British shale gas pioneer Cuadrilla Resources to drill for oil in leafy West Sussex have already caused bitter opposition to be voiced.
Local paper the West Sussex County Times says "a vociferous campaign" by opponents of hydraulic fracturing, or fracking, is already under way.
Cuadrilla posted...
Poland’s nascent shale gas industry, already labouring under the weight of delays in fiscal and regulatory reforms and industry claims of excessive bureaucracy that has hamstrung operational activities, has suffered another set-back with news that Marathon Oil Corp. will end its operations.
The...