Fracking Takes Center Stage in Quebec Shale Gas Development
Gas – Martine Ouellet, part of Quebec's new Parti Quebecois government, has openly stated her opposition to shale gas development in the province.
Gas – Martine Ouellet, part of Quebec's new Parti Quebecois government, has openly stated her opposition to shale gas development in the province.
Gas – Forbes reported that the World Shale Oil & Gas Summit gave the award for best technology innovator of 2012 to Glenn Rink of Abtech Holdings Inc. (OTC Pink:ABHD) for the invention of the Smart Sponge, whose uses include cleaning up oil from oil spills and cleaning dirty water produced from hydraulic fracturing.
Gas – Bloomberg reported that New York plans to delay its final decision on hydraulic fracturing so that Health Commissioner Nirav Shah can analyze its effects on health.
Gas – Bloomberg reported that South Africa has lifted its moratorium on the exploration of shale gas, natural gas that forms from being trapped in shale formations. The country banned hydraulic fracturing last year in order to study its environmental implications.
Gas – Bloomberg reported that New York's moratorium on drilling for natural gas may be lifted for some counties as early as September. If the state's governor, Andrew Cuomo, follows through, horizontal drilling and hydraulic fracturing could be undertaken at the Marcellus shale.
Gas – Bloomberg reported that South Africa's Energy Minister is considering allowing the country's shale gas reserves to be tapped, a process that has been banned in France and Bulgaria.
Gas – Decision on fracking in the Delaware River Basin is postponed one week after the Obama administration defers on the Keystone XL pipeline.
Gas – State governments are increasingly flexing their regulatory muscle and mandating increased transparency around hydrofracking to allay public fears.
Gas – Industry players closely monitoring lawmaker’s debate over new production tax on operators in largest US natural gas field.
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