Eurasia Journal News

Sinopec Begins Production At West Sichuan Gas Field

Chinese oil and gas company China Petroleum & Chemical Corp. (Sinopec) began production at a natural gas field in Sichuan province in southwestern China. The company’s press service reports this. West Sichuan Field: located on the western edge of the Chengdu Plain (Chengdu); covers an area of about 139 km2; …

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Eurasia Journal News

Gazprom Considered That Shale Operators Had Exhausted The Potential For Increasing Production Efficiency

Shale gas operators have exhausted the potential for increasing production efficiency and rising costs will affect the liquefied natural gas produced from it, Gazprom notes. The concern’s Board of Directors heard an annual report on the prospects for the development of the shale gas and liquefied natural gas (LNG) industry …

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Eurasia Journal News

Gazprom: Increased Attention to Environmental Issues Curbing Shale Industry Growth

The Gazprom Board of Directors took note of the information about the growth prospects of the shale gas and liquefied natural gas (LNG) industries across the world, as well as opportunities and threats facing the Company. It was highlighted at the meeting that only a few countries were producing shale gas in 2020, with the United States accounting for 95 per cent of shale …

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Eurasia Journal News

Board of Directors Reviews Prospects of Shale Gas and LNG Sectors

The Gazprom Board of Directors took note of the information about the prospects of the shale gas and liquefied natural gas (LNG) sectors around the world, as well as the opportunities and threats facing the Company. It was highlighted that, as in the past, shale gas production was concentrated almost entirely in the United States. However, there is still a high level of uncertainty …

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Bashneft: Confirm UOR Delegation

Bashneft have confirmed they will be sending a delegation to the UOR, Unconventional Oil Russia Technology Conference. Taking place in May 2014, the Unconventional Oil Russia Technical Conference, UOR, will become Russia’s leading forum on technology adoption and implementation for the development of unconventional, tight oil and shale oil plays. To visit the event site please click here

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Vallourec Hosts Technology Conference with Hardbanding Solutions

Vallourec Group, a world leader in manufacturing of seamless steel tubes, together with a company Hardbanding Solutions, a hardbanding wire manufacturer, organized the Technical Conference on the 24th of October 2013 in Moscow. Vallourec covered their history, activity on the market and strategy with views and analysis from Andreas Kauschke …

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Gazprom to Continue Shale Gas Market Investigation

The Gazprom Board of Directors took notice of the results of a survey on the shale gas sector development throughout the globe. It was mentioned that the core structural units of Gazprom Group continued investigating the progress with shale gas production. The meeting participants affirmed that at the moment shale gas production in Russia would be inexpedient due to the abundance of conventional gas …

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Cadogan Petroleum plc: Correction: Interim Management Statement

The Company announces that the Interim Management Statement announcement released at 10:37am on Friday 17 May 2013 under reference PRNUK-1705131036-6F91 contained incorrect information regarding the size of the shale gas position in the Lviv Basin. The correct size of the position is 3,800 sq. km. All other information in the announcement was correct. …

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TNK BP: Unconventional Sources of Hydrocarbons: Shale Bubble or Shale Revolution?

For the last several years, the topic of unconventional hydrocarbon resources development has become increasingly popular across the globe. It is also a controversial topic, with opinions ranging from euphoric announcements of a “shale revolution” to highly sceptical expert reviews characterizing that phenomenon as a “shale bubble”. If a company …

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Exploring for Shale ‘Sweet Spots’

David Bamford, bamford_windward@hotmail.com Not a week seems to go by nowadays without an international ‘deal’ for the exploration for unconventional resources being announced in the ‘trade press’. So, for example, Exxon and Rosneft are about to start exploring the Bazhenov shale in Russia, Ukraine and Shell have just announced a …

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