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Saudi leads the way as Arabian Gulf countries embrace renewable energy - The National

Saudi leads the way as Arabian Gulf countries embrace renewable energy - The National | Energy MAI | Scoop.it
“Saudi leads the way as Arabian Gulf countries embrace renewable energy The National The UAE's Arabian Gulf neighbours have announced various renewable energy plans aimed at reducing their reliance on oil and gas for power and water generation, with...”
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Solar projects for power production targets
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Shell venture starts fracking giant Russian shale formation

Shell venture starts fracking giant Russian shale formation | Energy MAI | Scoop.it
MOSCOW (Bloomberg) -- Royal Dutch Shell Plc and OAO Gazprom Neft began a drilling campaign to assess the potential of Siberia’s Bazhenov formation, reckoned to be one of the world’s largest deposits of shale oil.
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Big initiative and high hopes for fracking in Russia

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Top 5 Strategic Drivers of Oil and Gas M&A

Top 5 Strategic Drivers of Oil and Gas M&A | Energy MAI | Scoop.it
“ Mergers and acquisitions in the oil and gas industry oscillated from a high of $84.8 billion in the first half of 2012 to just $51.5 billion in the first half of 2013. The total deal value for Q2 2013 was $23.6 billion, the lowest since Q3 2009.”
Via Isabel Dutilh
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Norway's innovators help oil industry move to harsher climes - Reuters

Norway's innovators help oil industry move to harsher climes - Reuters | Energy MAI | Scoop.it
“ Norway's innovators help oil industry move to harsher climes Reuters OSLO/ABERDEEN, Scotland, Sept 27 (Reuters) - A drillship that cuts through two metres of ice, radar that detects oil spills in Arctic darkness and a drill that burrows through...”
Via Kannan Ramaswamy
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Innovative energy technology companies solving harsh environment challenges in Norway
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Shell venture starts fracking giant Russian shale formation

Shell venture starts fracking giant Russian shale formation | Energy MAI | Scoop.it
MOSCOW (Bloomberg) -- Royal Dutch Shell Plc and OAO Gazprom Neft began a drilling campaign to assess the potential of Siberia’s Bazhenov formation, reckoned to be one of the world’s largest deposits of shale oil.
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Paul Puri's curator insight, January 18, 2014 12:52 AM

Big initiative and high hopes for fracking in Russia

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Middle East faces oil challenges from outside and within -BP

“ LONDON, Jan 15 (Reuters) - Middle Eastern oil producers face a mountain of challenges in the next two decades as Russia and South America strive to replicate the U.S. shale oil boom, while demand in the region's domestic markets rises sharply.”
Via Fidan Aliyeva
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France Upholds Ban on Hydraulic Fracturing | NYTimes.com

France Upholds Ban on Hydraulic Fracturing | NYTimes.com | Energy MAI | Scoop.it
France’s highest court on Friday upheld a government ban on a controversial drilling technique known as hydraulic fracturing, in a defeat for a method that has revolutionized the oil and natural gas industry in the United States.The Constitutional Council ruled against a challenge by Schuepbach Energy, an American company, whose exploration permits were revoked after the French Parliament banned the practice.The method, known informally as fracking, pumps water, sand and chemicals under high pressure into shale formations deep underground to liberate trapped oil and natural gas deposits. The success of the technique over the last decade has led the United States to now claim to be 87 percent self-sufficient in gas.Environmental concerns, particularly worries about the danger to water supplies, have slowed adoption of the practice in Europe, and the center-right government of former President Nicolas Sarkozy passed a law prohibiting it in 2011.Schuepbach Energy had claimed that the law violated its rights, unfairly singled out fracking and was unconstitutional. The court rejected those arguments.The ruling was a victory for President François Hollande, who has tread a careful path on fracking, partly because he wants to maintain the support of the Greens party going into elections next year.“This law has been contested several times,” Mr. Hollande said on Friday in a speech after the decision. “It is now beyond dispute.”Click headline to read more--
Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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More setbacks on hydraulic fracturing in Europe
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