• China Becomes World’s Third-Largest Shale Gas Producer

    • Date: 30/08/17
    • Irina Slav, Oil Price

    China has become the world’s third-largest shale gas producer, after only the U.S. and Canada, Iran’s PressTV reports, adding that last year, China pumped almost 8 billion cubic meters of shale gas. The annual result was a 76.3-percent improvement on 2015, China’s Ministry of Land and Resources said – a record amount. Investments in shale gas exploration reached […]

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  • Hurricane Harvey Highlights Biggest Impact Of U.S. Shale Revolution

    • Date: 29/08/17
    • Market Watch

    A historic hurricane wreaking havoc on offshore Gulf of Mexico oil production isn’t the rally maker it once was. Energy traders say it’s mostly due to the shale revolution. “U.S. shale has made us much less dependent on Gulf oil and gas production,” said Phil Flynn, senior market analyst at Price Futures Group. U.S. oil […]

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  • Poorer Homes Could Be Exempted From Paying Green Energy Taxes

    • Date: 28/08/17
    • Mail on Sunday

    Poorer customers could be exempted from paying ‘green’ energy taxes included in bills and pay just for what they use under plans being drawn up by leading power firms. Energy regulator Ofgem is consulting consumer groups and power companies on proposals for a ‘safeguard’ tariff, which would protect 2.2 million customers. This follows on from […]

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  • Mexico Looks to Replicate U.S. Shale Success

    • Date: 24/08/17
    • Oil & Gas 360

    Mexico is beginning to recognize the benefits of private investment, and is opening its Burgos shale basin to development by private companies. This is notable as the Burgos basin has been the domain of state-owned PEMEX since 1938. The Burgos Basin is located directly south of Texas with mostly natural gas fields. Since beginning exploration […]

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  • Dakota Access Pipeline Owner Sues Greenpeace For $300 Million In Damages

    • Date: 23/08/17
    • The Wall Street Journal

    The company behind the Dakota Access Pipeline launched an unusual legal attack Tuesday against Greenpeace International and other environmental groups, alleging that the organizations effectively ran a criminal enterprise through their protests of the project. Energy Transfer Partners is suing Greenpeace and other environmental groups under the Racketeer Influenced and Corrupt Organizations Act. Here, protesters march during a protest near […]

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  • Another One Bites The Dust: Battery Maker Alevo Files For Bankruptcy

    • Date: 22/08/17
    • PV Magazine

    Alevo, which has long promised its revolutionary lithium-ion battery technology would revolutionize utility-scale energy storage, filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court in the Middle District of North Carolina on Friday and laid off its 290 employees. The company reported in its filing that it had between $10 million and $50 million in debts […]

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  • The Strange Rise Of Coal In The Middle East

    • Date: 20/08/17
    • John Everington, The National

    In a region rich with oil, gas and solar power, but very few coal resources, the surge in coal is surprising. Despite gas prices being low at the moment, coal is cheaper still. The proposed 2.4 gigawatt coal fired power station in Hassyan is close to Dubai’s border with Abu Dhabi and around 60 kilometres south-west […]

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  • U.S. Coal Makes a Comeback

    • Date: 17/08/17
    • The Wall Street Journal

    Coal is showing signs of a revival and breathing economic life into West Virginia and other coal states. It is becoming more competitive as a fuel source as the price of natural gas has risen 63% since March 2016 Not long ago liberals hailed the demise of coal as inevitable while the Obama Administration strangled the […]

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