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Articles Tagged with ''shale gas''

French refiners report $945 million losses in 2013

Cheap U.S. natural gas and competition from Asia and the Middle East have dealt a heavy blow to the European refining sector, with French refineries alone losing about EUR700 million ($945 million) last year.
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China aims to develop shale gas industry

Chinese authorities are looking for ways to respond to climate change swiftly and effectively, turning their attention towards fracking and other non-conventional methods for energy production in the hope that the country will be able to radically cut down on its coal use.
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Australia to advance in shale energy development

The U.S. shale energy revolution has led to a wave of shale exploration across the world, as governments are looking for ways to gain energy independence and cheap feedstock for a number of industries.
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Total to invest $21 million in UK shale gas exploration

French oil and gas company Total will obtain a 40% interest in two shale gas exploration licenses in Lincolnshire, under an agreement with British energy firm IGas Energy.
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US ethylene production grows in 2013

The U.S. petrochemical industry is continuing to leverage its competitive advantage, utilizing cheap ethane feedstock it has access to and taking advantage of the growing manufacturing sector.
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US company sues Quebec over fracking ban

U.S. mining company Lone Pine Resources Inc. is taking legal action against the government of Quebec for violating free trade rules by revoking fracking operation permits.
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French court to decide if fracking ban is unconstitutional

The ban on hydraulic fracturing as a method to extract natural gas and oil in France will come under review next month in a French court. Judges will have to decide if the ban is against the constitution, as oil and gas companies have claimed.
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Mexico aims to unlock its energy potential

Mexican President Enrique Peña Nieto has once again confirmed his plans for reform in the Mexican energy sector that would ensure industry growth and would attract more international investors on the market.


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Dow Chemical announces new investments on US Gulf Coast

Dow said the new investments coupled with the company's current projects in the region are expected to generate earnings of approximately $2.5 billion.
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US economy benefits from drilling boom

Increased drilling operations in states like Pennsylvania, North Dakota and Arkansas have resulted in economic growth not just in the areas close to drilling sites but across the entire country.
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