Crude Oil Price by oil-price.net

Oil and Gas Energy News Update

Showing posts with label Monday. Show all posts
Showing posts with label Monday. Show all posts

Monday, September 12, 2011

Oil & Gas Post - All News Report for Monday, September 12, 2011

Monday, September 12, 2011


Oil & Gas Post

Promote Your Page Too
LINK

Monday, August 22, 2011

Oil & Gas Post - All News Report for Monday, August 22, 2011

Monday, August 22, 2011


Oil & Gas Post

Promote Your Page Too
LINK

Monday, August 15, 2011

Oil & Gas Post - All News Report for Monday, August 15, 2011

Monday, August 15, 2011


Oil & Gas Post

Promote Your Page Too
LINK

Monday, August 1, 2011

Oil & Gas Post - All News Report for Monday, August 01, 2011

Monday, August 01, 2011


Oil & Gas Post

Promote Your Page Too
LINK

Monday, July 25, 2011

Oil & Gas Post - All News Report for Monday, July 25, 2011

Monday, July 25, 2011


Oil & Gas Post

Promote Your Page Too
LINK

Monday, July 18, 2011

Oil & Gas Post - All News Report for Monday, July 18, 2011

Monday, July 18, 2011


Oil & Gas Post

Promote Your Page Too
LINK

Monday, July 11, 2011

Oil & Gas Post - All News Report for Monday, July 11, 2011

Monday, July 11, 2011


Oil & Gas Post

Promote Your Page Too
LINK

Tuesday, June 28, 2011

China Ministry Held First Shale Gas Block Auction Monday -Official

- China Ministry Held First Shale Gas Block Auction Monday -Official

Tuesday, June 28, 2011
Dow Jones Newswires
SHANGHAI
by Jing Yang

China's Ministry of Land and Resources held its first shale gas block auction Monday, a ministry official said Tuesday, marking a move to exploit on a large scale the new source of the cleaner-burning fuel.

There are serious concerns about contamination of ground water during hydraulic fracturing--known as fracking, the process by which shale gas is extracted from wells drilled deep into relatively impermeable rock beds--but the country's massive estimated reserves could help to slow its increasing reliance on imported energy.

The auction results will likely be announced in mid-July, and the firms that win blocks will be allowed to work with foreign companies, said the official, who didn't wish to be named.

PetroChina, China Petroleum & Chemical Corp., CNOOC, Shaanxi Yanchang Petroleum Group, China United Coal Bed Methane Co. and Henan Provincial Coal Seam Gas Development and Utilization Co. participated in the auction, the official told Dow Jones Newswires.

The auction covered four blocks in southwestern Guizhou province and Chongqing city, covering an area of 11,000 square kilometers, the state-controlled Xinhua News Agency said.

The ministry is expected to hold at least one more auction later this year, which could allow more companies, such as China Sinochem Group Corp. and China Zhenhua Oil Co., to participate.

Technical advances allowing the development of shale gas have transformed the U.S. energy sector in recent years, prompting a wave of merger-and-acquisition activity and sharply reducing reliance on gas imports.

Earlier this year, CNOOC Ltd. bought into several shale oil and gas leases in the U.S. owned by Chesapeake for $570 million in cash, following a similar deal in October.

The U.S. Energy Information Administration estimated in a report that China holds 1,275 trillion cubic feet of technically recoverable shale gas reserves, the largest in the world.

Beijing has invited U.S. and European companies into its tightly controlled onshore gas acreage in order to gain technical know-how.

Copyright (c) 2011 Dow Jones & Company, Inc.

Oil & Gas Post

Promote Your Page Too

Monday, June 27, 2011

Oil & Gas Post - All News Report for Monday, June 27, 2011

Monday, June 27, 2011


Oil & Gas Post

Promote Your Page Too

Monday, June 20, 2011

Oil & Gas Post - All News Report for Monday, June 20, 2011

Monday, June 20, 2011


Oil & Gas Post

Promote Your Page Too

Monday, June 13, 2011

Oil & Gas Post - All News Report for Monday, June 13, 2011

Monday, June 13, 2011


Oil & Gas Post

Promote Your Page Too

Monday, June 6, 2011

Oil & Gas Post - All News Report for Monday, June 06, 2011

Monday, June 06, 2011


Oil & Gas Post

Promote Your Page Too