The "dash for gas" has gone East and the fracking multinationals have moved in to secure the sizable shale deposits lying deep in Poland's underbelly. Advocates say this will bring prosperity and jobs, but opponents cite the US experience -- where fracking has been marred by environmental and social concerns -- and fear it could be the final nail in the coffin for Poland's traditional rural communities.
Shale Gas and Coal Bed Methane development: What are the implications for emissions targets, the environment and the economy?
Across the UK, Britain's green, picturesque land is facing uncertainty after the arrival of fracking. The specter of gas wells and drilling sites, articulated trucks, waste lagoons, and other fracking detritus hangs heavy in a land more typically associated with small scale farming, cricket on the green, and "cottage" industries. But, not prepared to see their landscape altered forever, a new wave of citizen activists is gearing up to fight back.
How will America's Energy Future pan out for the rest of the world? Will a 70% decrease in US oil imports take its toll on some national wallets in other parts of the world... or .....not?
The BP Energy Outlook 2030 shares our 2013 projections for the world's energy future. By 2030, BP projects that 99% of America's energy will be supplied domestically.
How? The US is projected to become one of the world's top producers of renewable energy, as well as the global leader in oil and natural gas production. America will play a major role in the shale gas and tight oil revolution, which will make up over half of global production by 2030.
Watch the video to learn more about America's energy future, and find out more on the BP Energy Outlook 2030 by visitinghttp://www.bp.com/energyoutlook.
20 years (lease arrangement) a good deal for the Ugandan people?
Parliament has passed with Amendments, one of the contentious Clauses in the Second Oil Bill. The Petroleum Refining, Gas processing, Conversion, Transport and Storage Bill 2012 now allows Oil Companies to lease the refinery for 20 years.
How important are non-food sources in the biofuel supply chain? How soon will our jets run commercial flights on 100% biofuels and what are the implications?
Video documenting the ForwardOnClimate Rally in Washington D.C., where 35,000 to 50,000 concerned and frustrated American citizens came to scream, shout, stomp about, laugh, cry and cheer for Obama to stop the Keystone XL pipeline. The pipeline would be "essentially game over" for our habitable climate, as it would ensure development of the Alberta Tar Sands and ultimate combustion of a fossil fuel dirtier than coal into the atmosphere of our only home.
See the full life cycle of a tight or shale gas or oil well. We walk through planning and building a pad, exploring for oil and gas, developing a location and producing oil or gas. You'll see how we drill and frack a tight oil or gas well, and what a producing pad typically looks like once drilling is complete. Then at the end of its life we close the well, and reclaim the location.
What is the impact of shale oil -- a product that may be an industry game changer?
Joining in this discussion is Majad Jafar is the CEO of Crescent Petroleum -- the Middle East's oldest private oil and gas company. Alongside him is Robin Mills -- an expert on oil economics and the head of consulting for Manaar Energy Consulting.
On Tuesday, February 12, Hudson Institute released a report (available here: http://www.hudson.org/files/publicati...) examining congressional bills to broaden federal oversight of the drilling process known as hydraulic fracturing (HF).
HF has revolutionized U.S. energy development. Today, natural gas production is booming. America's manufacturers and consumers, in turn, have benefited from lower prices. Past predictions of the U.S. becoming a major natural gas importer have given way to debates on how much, if any, we should export.
The boom has also sparked a debate on the proper role of the federal government in regulating a drilling technology that has so far been largely subject to state-level oversight. Congress may soon consider bills, collectively referred to as the FRAC Act, and other measures that would greatly expand the EPA's authority over HF-related oil and gas drilling.
Please join the report's author, Hudson Institute Visiting Fellow Lee Lane, who will lead a panel discussion on its findings and the key related questions facing policymakers, such as:
What are the benefits of continued robust shale gas development?
Are the assumptions underlying the federal preemption effort sound?
If enacted, would current proposals in Congress promote more efficient and safer energy development?
Are there other ways in which the federal government might help state regulators to do a better job?
Distinguished panelists included:
Chris DeMuth, Distinguished Fellow, Hudson Institute, former administrator of OMB's Office of Information and Regulatory Affairs and editor-in-chief of Regulation.
http://www.unctv.org/legweek. UNC-TV's Legislative Week in Review covers Senate legislation to clear the path for energy exploration policy. Davie County, NC Senator Andrew Brock discusses the legislation.
Despite no proven offshore oil and gas reserves, Lebanon have opened their door to foreign exploration. Dr Carole Nakhle, expert on energy and economics, talks to World Review about the risks and opportunities for investors.
Do you have an analytics strategy in place to project your business into 2013, and 2035, profitably? Hear from IBM industry specialist, Paul Hoy and the eCapital Advisors consulting team as they overview where the oil & gas industry is trending, and how business analytics is helping companies stay ahead of the curve.
What is the role of energy in the bilateral relation? What are the implications of the energy reform in Mexico? What role does shale gas play? What can we expect in the future? and how can young students help improve energy cooperation? Listen to Dr. Wood's answers to these questions here.
According to PressTV: Fuel; It is undoubtedly one of the most significant issues counties in the world are facing.Iran is not an exception.
Virtually all prices in the country are affected by fuel price. For many years, the Iranian governments have subsidized fuel in order for the industry to grow and for the people to live easier.
The policy, however, failed to be beneficial to the national economy, and the government concluded that total removal of fuel subsidy is a must for the country.
Thus, with the implementation of the subsidy reform plan, fuel price was raised immensely. And now, the government insists on further escalating it to international prices, but the parliament believes a drastic fuel price increase would damage the country's economy.
All this is happening while Iran succeeded in handling the US embargo on Iran's petroleum products imports, especially gasoline and Diesel fuel.
Iran managed to change people's general trend in fuel consumption, and get rid of its dependence on gasoline import and become self-sufficient.
In this edition of the show we will look at the fuel consumption in Iran and examine the issue from different perspectives.
What is this 'shale boom' all about; What are the key enablers and impacts?
The boom in shale oil production has boosted US oil production by 1.3m barrels a day in two years. Javier Blas, commodities editor, discusses with commodities correspondent Jack Farchy the impact this has on the price of oil and the US.
The Gorgon Project is one of the world's largest natural gas projects and the largest single-resource project in Australia's history. It is operated by Chevron and is a joint venture of the Australian subsidiaries of Chevron (47.3%), ExxonMobil (25%), Shell (25%), Osaka Gas (1.25%), Tokyo Gas (1%) and Chubu Electric Power (0.417%). The GE power "modules," each fitted out with a Frame 9 gas turbine, will supply the field with 650 megawatts of electricity used for compressing and cooling natural gas into liquid that can be shipped in supertankers to customers around the world.
While worldwide supplies of accessible oil are growing, the array of emerging unconventional oil is diversifying. These new oil sources pose important energy, environmental, security, and climate challenges.
Presentation by Deborah Gordon, nonresident senior associate in Carnegie's Energy and Climate Program.
This talk was part of the "Unconventional Oil Symposium" at the Carnegie Endowment for International Peace on January 9, 2013.
This video takes us back through geological history through Alberta's Ansell region. It explains how resources are now available through Husky's technology. This 3D video was made with love from scratch by the good folks at www.xpan.ca
ABN's Mashudu Masutha speaks with Francis Njogu, Vice Chairman of the Petroleum Institute of East Africa, to discuss the potential for East Africa's oil & gas exploration.
ABN's Alishia Seckam speaks with Arsenio Mabote, Chairman of the National Institute of Petroleum, looking at an overview of Mozambique's gas and petroleum sector.
To discuss the International Oil & Gas Conference being hosted for the first time by Namibia, ABN's Samantha Loring crosses to our Windhoek studios to speak with Obeth Kandjoze, Exploration & Production Manager at Namcor.
Shell Kenya will now be known as VIVO energy Kenya following the transfer of assets to the majority shareholders Helios and Vitol Oil. Kenya becomes the 14th country to complete the transition to the VIVO banner following the sale of majority shareholding by the royal dutch shell to the new investors in 2011. Despite the change in ownership, the company will continue retailing petroleum products and gas under the Shell brand, after acquiring its branding license.
Schedule risk analysis on complex oil and gas projects is a unique challenge. This webinar walks through the five steps to conduct an accurate schedule risk analysis and points out the most important aspects to evaluate risk analysis results.
According to Wyomingvideos: Timothy J. Considine, Professor of Economics & Finance. Director, Center for Energy Economics and Public Policy, School of Energy Resources, University of Wyoming
Dr. Considine shares insights from his research into the fracking of the Marcellus Shale gas deposits in Pennsylvania and what it reveals about the costs, concerns, and benefits of fracking, whether in Pennsylvania, Wyoming or elsewhere.
Considine spent the last four years studying the drilling of Pennsylvania's Marcellus Shale formation, weighing the costs of production against the price of gas, the impacts on the people, forests, water and air above the formation against steps taken to mitigate such impacts. What does this new data and analysis reveal for future projects?
Hydraulic fracturing and other production technologies have unlocked large reserves of oil and natural gas once considered too costly to produce. These new reserves could supply U.S. natural gas consumption for decades. But how to do this safely and profitably?
Professor Tim Considine earned his PhD in in Natural Resource Economics from Cornell University in 1981, and went to work for the Congressional Budget Office and later the Bank of America as a environmental resources analyst. In 1986, he joined the Department of Energy, Environmental and Mineral Economics at Pennsylvania State University. In 2008, the University of Wyoming hired him away for its new School of Energy Research, where he now serves as the professor of Energy Economics and directs the Center for Energy Economics and Public Policy.
Energy production and distribution is a complicated business, requiring a great deal of up-front investment before energy or profits are produced. Dr. Considine has focused his research on understanding the elements and dynamics of that relationship as well as the implications for public policy. His writings range from "The Value of Powder River Basin Coal to the U.S. Economy," for the Wyoming Mining Association to analyses of Carbon Permit Markets for the World Bank. Along the way he has worked on "The value of hurricane forecast information to energy producers in the Gulf of Mexico," tried his hand at forecasting California's energy development, investigated such topics as the economics of the American Steel industry, climate change impacts on energy consumption, and the benefits of America's strategic petroleum reserve.
Saturday U, Summer Winter Session 2013 was held January 25, 2013 at Gillette College. Saturday U is a collaborative program that connects popular UW professors with lifelong learners in Jackson, Gillette, and Sheridan. Offered twice a year in each community, Saturday U is sponsored by the university, the UW Foundation and Wyoming Humanities Council.
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Nigeria says signs $1 bln MoU with GE for factory
ABUJA (Reuters) - Nigeria signed a memorandum of understanding with General Electric on Thursday for $1 billion in investment over the next five years into a factory in the southeast, the trade ministry said | Reuters
Pakistan government ratifies $1.5 bil Iran gas pipeline project
Pakistan government has ratified the $1.5 billion Iran pipeline project, which will bring around 750,000 Mcf/day of gas to the energy-starved country by January 2015, an official from petroleum ministry said Thursday | Platts
US gas output hits new record high
Gross natural gas production in the lower 48 US states in November climbed to a record high for a third month, gaining 0.6% from downwardly revised October output, data from the US Energy Information Administration showed on Thursday | Upstream Online
Shell CEO: No Recovery for Natural Gas in 2013
Shell CEO Peter Voser told CNBC he doesn't expect a major recovery in natural gas prices in the U.S., after the Nymex-traded futures contract rebounded 24 percent from a year ago to $3.23 per million British thermal units | CNBC
OECD: Subsidies to oil and gas companies falling in Global North
Fossil fuel subsidies are increasing, but new data suggests the source of the growth is from support for energy users rather than from handouts to big oil producers | RTCC
P-63 FPSO docks in Brazil
After months of delays, the P-63 floating production unit has made its temporary home in Brazil's Port of Rio Grande, Petrobras and the Quip consortium said Thursday | Upstream Online
