Tag: natural gas
“Them thar rocks”: shale gas holds its own in a difficult...
Despite the dip in oil and gas prices, things are going remarkably well in the shale gas sector. Although there have been layoffs and bankruptcies, the demand for natural gas is increasing, and this rising tide is lifting shale in North America and other countries throughout the world. New technologies make the sector more competitive, which is good news for all suppliers to the sector and will stimulate related industries such as water treatment and desalination.
Chevron discovers natural gas offshore Australia
Chevron Corporation has announced the discovery of a well located in the WA-374-P permit area approximately 75 miles northwest of Barrow Island off the Western Australian coast.
The Satyr-2 exploration discovery well confirmed approximately 128 feet of net gas pay.
Georgia says yes to NG fuel stations
Atlanta Gas Light (AGL) has received approval from state utility regulators to build a network of compressed natural gas fueling stations across the state. AGL, the state's largest natural gas company, intends to construct 5 to 10 stations in metro Atlanta and then add more statewide.
Shell to sell stake in MacKenzie Gas Project
Royal Dutch Shell Plc (RDSA) plans to sell its 11.4% stake in a long-stalled, CAD 16.2 billion natural-gas production and pipeline project in Canada's far north, in addition to its other assets in the region.
China: natural gas reserve projects
The National Energy Administration is now conducting a research project to build underground reserves for liquefied natural gas and natural gas and a batch of natural gas reserve projects will start construction soon.
Russia and Kazakhstan in gas venture
The presidents of Russia and Kazakhstan, Vladimir Putin and Nursultan Nazarbayev, have signed a deal creating a joint venture to process natural gas from Kazakhstan's giant Karachaganak field at Russia's Orenburg refinery.