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Items Tagged with 'shale gas'

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US shale gas production overtakes non-shale

Shale gas wells became the largest source of total natural gas production in the United States last year, surpassing production from non-shale natural gas wells.
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Ineos plans $1 billion investment in UK shale gas exploration

Chemicals company Ineos said on Thursday that it is planning to invest $1 billion in shale gas exploration and appraisal in the United Kingdom.
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UK proposes sovereign wealth fund for shale gas revenues

A sovereign wealth fund could be created in the United Kingdom to help protect revenues generated by shale gas extraction, Chancellor George Osborne said on Monday.
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Technip wins two ethane cracker contracts

Technip will provide its technology and expertise to two U.S. ethane cracker facilities under new contracts announced by the Paris-based company this week.
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Ineos acquires second shale gas license in Scotland

Petrochemical company Ineos has bought a majority stake in a second license for shale gas exploration and development in Scotland.
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New chemical plants to boost industrial gas demand in 2015

Industrial natural gas consumption has grown steadily since 2009, as relatively low prices have attracted customers who use natural gas as a feedstock for chemical production.
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US natural gas production hits record high in August

Average gas production in the lower 48 states in August 2014 was 68.9 billion Bcf/d. That's the highest monthly average on record.
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Hydraulic fracturing fluids market worth $19.88 billion by 2020

The growth in shale drilling around the world is tied to an increase in demand for hydraulic fracturing fluids, which are used to create or expand fractures as well as to carry proppant into fractures in coalbed formations.
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Global shale developments face water stress

Water risk is a significant challenge when it comes to shale gas development, the World Resources Institute (WRI) said this week.
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Shale gas market to be worth $104.1 billion by 2020

A new report from Allied Market Research predicts that the global shale gas market will expand at a compound annual growth rate (CAGR) of 9.3 percent in 2014-2020.
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