Sasol proves natural gas to liquid fuel (GTL) technology can be profitable
SOURCE — SeekingAlpha.com— South African energy company Sasol Limited (SSL) has developed a profitable natural gas to liquid conversion venture which may be a model for turning the huge amounts of...
View ArticleCoal, dry shale walls loom for US natgas rally
SOURCE— Reuters — U.S. natural gas futures have posted an impressive rally since briefly trading below $2 per million BTUs earlier this month, but the upside is increasingly limited by coal prices and...
View ArticlePolski Power: Poland’s Shale Potential Unlocked with Fracking
Poland’s energy independence may be on the horizon with reports coming out showing that it may be sitting on a vast natural resource. Government officials allocating federal funds towards exploratory...
View ArticleOhio Heat: Record Utica Shale Drilling in 2012
According to the Ohio Department of Natural Resources’ Division of Oil and Gas Resources Management, Eastern Ohio has seen 72 horizontal wells drilled. Permitting for a total of 236 wells have been...
View ArticleEagle Ford rig count rising
(From the Gonzales Cannon) – The Eagle Ford Shale drilling rig count rose to 278 this past week. That is an increase of seven rigs from last week’s count of 271 and is on par with the rig count two...
View ArticlePemex to Spend $200 Million Looking for Shale Gas
(SOURCE: RigZone.com)—MEXICO CITY – Mexico’s state-owned oil company Petroleos Mexicanos, or Pemex, is embarking on a three-year, $200 million program to look for shale gas at two promising sites,...
View ArticleFracking is safe, scientists say
SOURCE: VailDaily.com— Hydraulic fracturing can be done safely and it’ll have to be, because the world will be doing more of it, said Dr. Mark Zoback, “We cannot stop thinking toward the future just...
View ArticleIs Liquefied Natural Gas a Good Bet?
SOURCE: News1130.com — In recent years, Australia’s economy has had major booms from LNG exports. Business Editor Peter Ryan with the Australian Broadcasting Corporation says although the benefits...
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