March 3, 2012 |
The help-wanted sign is out in Canton, Ohio, for Chesapeake Energy. The company that has led the charge in shale gas drilling is looking for truck drivers with licenses for hazardous materials, a purchasing coordinator for oil field equipment, a pipeline technician, a field safety coordinator, administrative assistants, troubleshooting electricians, a tax analyst and more. Chesapeake is mobilizing for a massive drilling and development campaign in the state. The company has spent $2.2 billion and amassed about 800,000 acres of leases...
November 14, 2012 |
The shale gas revolution is firing up an old-fashioned American industrial revival, breathing life into businesses such as petrochemicals and glass, steel and toys. Consider the rising fortunes of Ascension Parish, La. Methanex Corp. , which closed its last U.S. chemical plant in 1999, is spending more than half a billion dollars to dismantle a methanol plant in Chile and move it to the parish. Nearby, a petrochemical company, Williams , is spending $400 million to expand an...
December 16, 2011 |
Since the high-profile bankruptcy of Solyndra , the solar company that received $535 million in federal loan guarantees, many have concluded that government efforts to promote energy technologies are doomed to fail. Critics cite the abandoned synthetic fuels program, attempts to capture carbon pollution from coal plants and next-generation nuclear reactors as further proof of this conclusion. Many often point to the shale gas revolution as evidence that the private sector, in response to market forces, is better...
August 18, 2011 |
The emergence of the North American shale-gas resource is the most positive event in the U.S. energy outlook in 50 years. But realizing this opportunity will require cooperation between industry and regulators on a new commitment to data-driven best practices that will lead to a continuous improvement in environmental outcomes. As big as the opportunity is, the emergence of shale gas has stirred opposition and uncertainty. The fundamental question is how to exploit this resource in an...
August 10, 2011 |
A key Energy Department advisory panel will issue a qualified endorsement of shale gas exploration Thursday, saying that hydraulic fracturing, or " fracking ," can continue safely as long as companies disclose more about their practices and monitor their environmental impact. The committee's report could ease the way for greater domestic gas exploration, even as it calls for new standards to limit harmful air emissions that bring to the surface gas buried deep in shale formations.
April 24, 2013 |
WAGENFELD, Germany — Germany has one of the most robust green movements in the world, but economic pressures are tempting it to try something that critics say would harm the Earth: shale gas drilling. Motivated by a rapid-fire increase in natural gas production in the United States , business leaders and some politicians in Germany say they need to act quickly to prevent the country's industrial core from departing for places where energy costs just a fraction...