A study by Duke University of the US shale gas boom has found that oil and gas development from shale fields has generally helped the public finances of local communities, providing new revenues and resources that usually -- but not always -- outweigh the increased demand for public services and other costs. It found that […]
Tag: shale
Shale oil and gas may not be the economic “panacea” that some believe, a panel of scientists told a geology conference today. New studies point to higher than expected field decline rates and increasing costs to extract the energy, meaning the long-term sustainability of shale gas production is questionable. The findings confirm what sources in the […]
Globe and Mail B.C. first nation challenges oil and gas tenures sale The sale of oil and gas tenures in northeast British Columbia by the provincial government for $260-million is being challenged in court by a native band. The Dene Tha, a first nation that straddles the B.C.-Alberta-Northwest Territories boundaries, has filed a petition with […]
Another big energy company is looking for a way to get its shale gas from northeastern British Columbia to the lucrative markets of East Asia. At Monday's Canadian Petroleum Producer's investor conference in Calgary, Nexen announced it was looking for a joint venture partner to export the shale gas through a west coast port to Asia. […]
A Canadian energy company, Progress Energy Resources, based in Calgary, has agreed to sell 50 per cent its stake in a BC shale gas development called North Montney to Malaysia's state oil firm Petronas for $1.07 billion Canadian ($1.09 billion US). The two plan to build an LNG export terminal somewhere on the BC West […]
Anchorage Daily News Column by Paul Jenkins Time for Alaska, Big Oil to lay gas line cards on the table It is time for TransCanada, Exxon and the state to lay their cards on the table; time to tell Alaskans whether their natural gas pipeline project is deader than Donald Trump's presidential campaign. To almost […]
(Map by Mitsubishi) LNG Unlimited LNG exports on the cards from Canadian shale gas A consortium of five Japanese energy outfits are set to consider LNG exports from a planned shale gas project in northeastern British Columbia, Canada. Japan Oil, Gas and Metals National Corporation, Chubu Electric Power, Tokyo Gas and Osaka Gas will collaborate […]
Energy Tribune Shale Gas, LNG & the Coming Impact of Wet Shale The first hint that the paradigm was not shifting so much as shattering was in 2009 when the planned Kitimat terminal in British Columbia was reborn as an export terminal. The gas would come from western Canada's Horn River and Montney shales. Pre-2009, […]