Pages Menu
Categories Menu
Scouring the World for Shale-Based Energy

Scouring the World for Shale-Based Energy

The shale revolution is going global. From the Australian outback to the Argentine Andes, many of the world’s largest energy companies are on the hunt for new sources of what they call unconventional oil and natural gas. The multibillion-dollar investments, which often involve hydraulic fracturing, or fracking, could change the face of the global energy markets. China and Russia have some of the largest shale oil and gas reserves in the world, according to the United States Energy Information Administration.

Read More
UK could produce shale gas in 4 years in emergency – Cuadrilla

UK could produce shale gas in 4 years in emergency – Cuadrilla

Shale gas production in Britain could begin within four years if the current crisis in Ukraine escalates to such an extent that a national state of emergency is declared, the chief executive of Cuadrilla Resources said. Britain is in the early stages of exploring for shale gas to counter its growing dependence on imports, and geologists have estimated it could have shale resources equivalent to several hundred years of demand. Cuadrilla is the only company in Britain so far to have used hydraulic fracturing, or fracking, in test wells in Lancashire. It is two to three years away from establishing whether its British shale gas operations are commercially viable, Chief Executive Francis Egan said at an event at think-tank Chatham House on Tuesday evening. 

Read More
La corsa allo shale gas europeo sarà accidentata

La corsa allo shale gas europeo sarà accidentata

L’annessione della Crimea e il conseguente innalzamento della tensione politica hanno aumentato le preoccupazioni dell’Europa per la dipendenza dal gas russo che soddisfa il 32% della domanda interna di metano. Da qui la richiesta che i vertici europei hanno fatto al presidente Obama per un’accelerazione degli iter autorizzativi degli impianti di liquefazione previsti sulla costa atlantica degli Usa. Una mossa per diversificare gli approvvigionamenti importando metano a prezzi bassi approfittando del boom della produzione statunitense di shale gas

Read More
Bullish Chevron to outspend Exxon

Bullish Chevron to outspend Exxon

Chevron has long been overshadowed by its larger rival ExxonMobil. Next year, however, it will overtake Exxon on one important measure: capital and exploration spending. This is striking because Exxon is so much bigger: it produces 54 per cent more oil and gas than Chevron and its market capitalisation is 85 per cent bigger. The fact that Chevron is nevertheless planning to invest more than Exxon shows how sharply the companies’ strategies have diverged. Exxon is aiming for stability, while Chevron is going for growth.

Chevron is planning to invest about $40bn per year in 2014-16: slightly less than the $42bn it reported for 2013. Exxon is cutting its spending more sharply, from $42.5bn last year to about $40bn this year, and then an average of less than $37bn per year in 2015-17.

Read More
Shale gas, l’atomica della nuova Guerra Fredda

Shale gas, l’atomica della nuova Guerra Fredda

L’arma finale degli Stati Uniti nella nuova Guerra Fredda con Mosca potrebbero non essere le sanzioni economiche agli oligarchi o i cacciabombardieri Stealth, ma l’inesauribile miniera dello shale gas. In grado di tagliare il cordone ombelicale che lega l’Unione Europea alla Russia. Visto che gli States diventeranno presto esportatori netti di petrolio (tanto da poterlo presto vendere anche agli Emirati Arabi, e non è fantascienza) sta crescendo il pressing bipartisan di repubblicani e democratici per cercare di sottrarre il Vecchio Continente dai ricatti russi sulle forniture di gas. 

Read More
Centro per un Futuro Sostenibile Via degli Zingari, 15 - 00184 Roma (tel. +39 06.87570009)