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The unconventionals industry in Poland had dealt with government relations and permitting, and was now moving slowly into operations, said Wes Skrobowski, CEO, Wisent Oil and Gas, who spoke at the European Unconventional Gas Summit in Vienna, Austria. To the delegates in attendance, he stated, "We may...
Gazprom, the world’s biggest natural gas producer, has signed a letter of intent with Gasunie of the Netherlands in order to explore potential expansion of the Nord Stream pipeline to Britain, according to Reuters. Also signed were two major agreements between Gazprom, along with...
Environmental activists in France say they are worried the country may reverse its ban on hydraulic fracturing, imposed over a decade ago. The potential of huge oil and gas reserves under French land has some politicians debating whether to reverse the ban, alarming anti-fracking campaigners, Radio...
Ian Roche, Managing Director, Aurora Petroleum Ltd., said he had prepared his talk at the European Unconventional Gas Summit in the context of presentation about unconventional gas in Poland, Ukraine and the UK. He first slide showed the "Enigma cipher machine" - used by the Germans to encode messages...
Wisent Oil & Gas, the independent oil and gas exploration company with significant acreage in the Baltic Basin, northeast Poland, has completed the drilling of the Rodele No.1 exploration well on the Ketrzyn concession in the Barciany Gmina. The well was drilled as a Silurian and Ordovician shale...
Unconventional fuels derived from shale deposits could have a dramatic effect on energy markets and the world economy in general, a leading accountancy firm says. International consultancy PricewaterhouseCoopers says oil prices could be hit and geopolitics transformed as shale extraction moves ahead.
The shale energy revolution is likely to shift the tectonic plates of global power in ways that are largely beneficial to the West and reinforce U.S. power and influence during the first half of this century. Yet most public discussion of shale’s potential either focuses on the alleged environmental...
Gazprom Neft, the oil arm of energy giant Gazprom, has launched a project to develop shale oil production in Russia, reports RIA NovostiMr Alexei Miller CEO of Gazprom said that “In contrast to shale gas extraction, tight oil production is of considerable interest for Gazprom Group and we...
Anatolia Energy Corp., has reported that the Guvenir-1 well on the Antep license in southeastern Turkey found no evidence of the Silurian Dadas shale. The company did comment that the well, suspended at total depth of 1,956 metres, did intersect a younger section with hydrocarbon shows. Operated...
The emergence of exploration for shale oil and shale gas in some EU countries should be backed up with "robust regulatory regimes" at national level, according to a resolution approved by the Industry and Energy Committee MEPs on Tuesday. EU legislation may also need updating if exploration increases...
