Polish firms are lowering their interest in the country’s shale reserves, as fuel group PKN Orlen and gas giant PGNiG are slowly withdrawing from shale gas exploration, in the wake of declining international interest for its development.“For us the situation is dramatic. All projects have to be put on hold,” one manager at a small ...

AUSTIN, TX—Hailing it as a promising potential fuel source with vast untapped reserves, researchers at the University of Texas revealed Wednesday that they are attempting to harness the abundant energy produced by the nation’s intense fracking debates. “We’ve been working tirelessly to develop a means of converting highly charged arguments from both advocates and opponents ...

Some of the first protests against hydraulic fracturing (fracking) and natural gas drilling occurred in good ol’ Pennsylvania.  From there, they moved on to New York and across the seas to Europe.  Following New York’s footsteps, countries in Europe, including France, Germany and Bulgaria, dealt with the protests by applying fracking bans.  Other countries, such ...

Chevron’s move to withdraw its interest in Polish shale and legislative developments in the UK have added to the scepticism as to whether shale can ever be commercially viable in Europe. Commenting on the current state of European shale, oil and gas economic expert at think-tank Chatham House, Paul Stevens said “I don’t know any serious ...

Late last month, a 4.4 magnitude earthquake shook the town of Fox Creek, Alberta. The province’s energy regulator is pointing the finger at hydraulic fracturing which, if confirmed, would make it the largest earthquake ever to have been induced by the method. The earthquake, which was severe enough to cause minor damage, happened on January 22. ...