April 23, 2014

Gas Driller Freezes Plans in UK

Gas Driller Freezes Plans in Rural Britain After Fracking Protests
By REUTERS
Published: September 3, 2013 at 3:01 PM ET

LONDON — Oil exploration at a site in rural England that sparked anti-fracking protests two weeks ago will be put on hold later this month and reconsidered next year with … Continue reading

Study Raises New Concern About Earthquakes and Fracking Fluids

Faraway quakes can trigger swarms of quakes near injection well sites
By Sharon Begley, Reuters, July 11, 2013

Powerful earthquakes thousands of miles (km) away can trigger swarms of minor quakes near wastewater-injection wells like those used in oil and gas recovery, scientists reported on Thursday, sometimes followed months later … Continue reading

Hinchey Calls on U.S. Dept. of Justice to Launch Anti-Trust Investigation of Two Major Natural Gas Companies

Congressman Cites Report Showing Chesapeake Energy Corp. & Encana Corp. Worked Together to Dramatically Lower Market Value for Leased Land Used in Fracking

Washington, DC — Congressman Maurice Hinchey (D-NY) today called on the U.S. Department of Justice to launch an anti-trust investigation of two major natural gas companies after … Continue reading

Insight: Peak, Pause or Plummet? Shale Oil Costs at Crossroads

The push and pull of production costs in the world’s fastest-growing oil frontier is adding uncertainty to the outlook for U.S. oil prices.
By Selam Gebrekidan, Reuters, May 17, 2012

(Reuters) – Occidental Petroleum was among the first major U.S. oil drillers to make a big bet on the resurgence … Continue reading