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Romania Wants New Gas Supplies To Break Russian Gas
The timing is not great, given the collapse of oil prices, but Romania and Bulgaria, having failed thus far to develop shale gas, are hoping the Black Sea can contribute to energy security for the .
The rise and fall of fracking in Europe | Guardian
In Romania, Hillary Clinton’s attempts to kickstart a shale gas market for US companies ended in mass protests and Chevron’s departure. In Bulgaria, the US trade mission ended in a fracking ban .
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Oil shale gains attention as a potential abundant source of oil whenever the price of crude oil rises. At the same time, oil-shale mining and processing raise a number of environmental concerns, such as land use, waste disposal, water use, waste-water management, greenhouse-gas emissions and air pollution.
Chevron ditches last European fracking project in Romania
Analysts believe that shale needs to sell at $60-100 per barrel to break even on the billions of debt accrued by the energy companies, but plummeting oil prices are putting pressure on shale exploration. Chevron’s quest for shale riches and its subsequent problems in …
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Shale gas in Europe: revolution or evolution?EY
2 | Shale gas in Europe: Revolution or evolution? Contents The US experience 1 Geology — replicating the US experience? 2 Gas demand 4 Energy prices 7 Competition from LNG and pipeline gas 8 Environmental and social factors 10 Fiscal and regulatory regimes 12 Infrastructure and service capabilities 14 Evolution rather than revolution 16
The Economics of Shale Gas Development
The Economics of Shale Gas Development Charles F. Mason, Lucija A. Muehlenbachs, and Sheila M. Olmstead 1. Introduction In the latter part of the Twentieth century, a small group of determined entrepreneurs (supported by decades of federal and private …
Romania Poised To Ramp Up Gas Output |
Romania joins other nations in claiming it had built the first oil refinery ever. It also claims that Bucharest was the first city to be illuminated with kerosene lamps.
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Judging by the number of drilling permits pulled by Ohio’s producers, the three river counties can expect a mild slackening of activity as drillers start to chase wetter wells with higher proportions on NGLs in interior counties such as Harrison and Guernsey as gas prices stay flat and NGL prices increase.
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The October published price range for Chinese unground barite, free on board (f.o.b.) China, was in the range of $146 to $158 per ton, an increase of about $22 per ton. The price range for Indian unground barite, f.o.b. Chennai, was in the range of $160 to $170 per ton, an increase of about $21 per ton.
Oil shale economicsWikipedia
Oil shale economics deals with the economic feasibility of oil . It is estimated that the current capital costs are $3–10 billion at 2005 prices. The new 100,000 tonnes shale oil per year retort built by VKG cost EEK 1.1 billion (€70.3 million); however, it is located in …
European shale oil: Huge potential, huge challenges
Romania: With 51 Tcf of recoverable shale gas, Romania could become the biggest producer in central Europe. Importing a whopping 98 percent of its natural gas needs from Russia, Romania has enough .
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Chevron withdraws from Romania shale gas projectsCNBC
A 2013 report from the U.S. Energy Information Administration projected that Romania held the fifth-largest unproved wet shale gas estimated reserves in Europe (trailing Russia, Poland, France and .
Eastern European shale exploration on ice as boom turns to
Western oil majors, especially from the US, began to flock late in the past decade into countries such as Poland, Hungary, Romania and later Ukraine, hoping to replicate the North American shale boom.
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Argentina shale development moves forward, but still slow
The country is producing about 50,000 b/d of oil equivalent in shale oil, gas and liquids, according to Neuquen government data. Neuquen is a southwestern province that is home to the giant Vaca Muerta play and most of the country’s shale drilling.
The Relationship Between Oil and Natural Gas Prices?
Some other key points that we can gather from these two different eras for oil and gas prices: · The oil and gas price disconnect is measurable. The correlation coefficient between oil and gas prices in the pre-shale era was 0.90, compared to 0.54 in the shale era.
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