Onshore Projects By Continents

The UK’s Task Force on Shale Gas has released its third report looking at how the development of a UK shale industry would affect the island nation’s overall climate impact. The report’s overarching finding is that shale gas has a role to play as an interim baseload energy source in…
OPEC is assuming the oil price will rise gradually to $80/bbl in 2020 as supply growth outside the group weakens, a slower recovery than several member nations have said they need. The average selling price of the Organization of Petroleum Exporting Countries’ crude will increase by about $5 annually to…
Decreases in the cost to drill shale gas wells and continued investment into domestic production have allowed China to increase its development of shale gas. Although reliance on natural gas imports has increased in the Chinese energy market, future shale gas production in China would help to meet natural gas…
Oil prices won’t rebound to $100/bbl before 2020 to 2025, when U.S. shale production will gradually start to decline, according to a former head of the International Energy Agency. Demand for crude in China, India, Southeast Asia and Africa will drive up global prices in the “long term,” Nobuo Tanaka,…
Governor of Pennsylvania, Tom Wolf, has announced that Pennsylvania has entered into a three-year cooperation agreement with West Virginia and Ohio to collaborate on areas critical to maximizing economic growth in the shale gas region. The agreement was unveiled at the Tri-State Shale Summit in Morgantown, West Virginia. As part…
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