MercoPress, en Español

Montevideo, November 15th 2018 - 06:20 UTC

Tag: shale gas

  • Thursday, August 30th 2018 - 09:10 UTC

    Argentina aims to double shale gas production in five years

    “We are not going to stop until we export US$ 30 billion in gas and oil from Vaca Muerta,” President Mauricio Macri told YPF employees in Neuquen

    Argentina re-launched a one-year-old agreement between the government, companies and workers to drive competition and spur development in the Vaca Muerta shale play, the government said in a statement.

  • Wednesday, July 30th 2014 - 01:34 UTC

    UK to encourage extraction of natural gas and oil from shale rock to help with declining production

    “Unlocking shale gas in Britain has the potential to provide us with greater energy security, jobs and growth,” said energy minister, Matthew Hancock

    The British government plans to make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008. The move, which had been anticipated by the oil and gas industry, could prove to be a milestone in efforts by the government of Prime Minister David Cameron to encourage the extraction of natural gas and oil from shale rock.

  • Saturday, May 24th 2014 - 00:37 UTC

    The California shale bubble just burst

    Santa Cruz county and Los Angeles banned fracking

    The great hype surrounding the advent of a shale gas bonanza in California may turn out to be just that: hype. The U.S. Energy Information Administration (EIA) – the statistical arm of the Department of Energy – has downgraded its estimate of the total amount of recoverable oil in the Monterey Shale by a whopping 96%. Its previous estimate pegged the recoverable resource in California’s shale formation at 13.7 billion barrels but it now only thinks that there are 600 million barrels available.

  • Friday, November 1st 2013 - 21:29 UTC

    Risks to public health from fracking for shale gas are low, says UK government

    The report draws on American research, which is criticized for having a small size sample

    The risks to public health from fracking for shale gas are low, according to a new official report. Any problems publicized so far - such as in the US - are the result of operational failure or poor regulation according to a study, by Public Health England, an agency of the Department of Health, reviewed the latest research.

  • Saturday, July 14th 2012 - 06:48 UTC

    Chile’s copper industry wants to develop shale gas to help lower energy prices

    Turning the red metal into ingots absorbs much power

    Shale gas may be the solution to one of the most serious problems the Chilean mining industry is facing because of the very high energy prices due to limited supply.

  • Thursday, February 24th 2011 - 07:03 UTC

    BHP Billiton expands shale gas business and buys fields in Arkansas

    BHP Billiton chief executive J. Michael Yeager: entry into the US market

    Giant Anglo-Australian miner BHP Billiton has agreed to buy shale gas assets from US firm Chesapeake Energy for 4.75 billion US dollars. The purchase of Chesapeake's stake in a field in Fayetteville, Arkansas represents a move into the rapidly expanding shale gas business for BHP.