COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Saturday, 14 February 15
SHALE GAS AND TIGHT OIL ARE COMMERCIALLY PRODUCED IN JUST FOUR COUNTRIES - EIA

KNOWLEDGE TO ELEVATE

The United States, Canada, China, and Argentina are currently the only four countries in the world that are producing commercial volumes of either natural gas from shale formations (shale gas) or crude oil from tight formations (tight oil). The United States is by far the dominant producer of both shale gas and tight oil.

Canada is the only other country to produce both shale gas and tight oil. China produces some small volumes of shale gas, while Argentina produces some small volumes of tight oil. While hydraulic fracturing techniques have been used to produce natural gas and tight oil in Australia and Russia, the volumes produced did not come from low-permeability shale formations.

The four countries producing commercial volumes of shale gas and tight oil all increased output in 2014, and in all four countries, natural gas and crude oil production from shale and tight formations grew at a faster rate last year than production from non-shale and non-tight formations.

- In the United States, a large portion of shale gas production growth has occurred in the Appalachian Basin's Marcellus Shale. In the Marcellus region, dry natural gas production has more than tripled in the past three years, from an average of 4.8 billion cubic feet per day (Bcf/d) in 2011 to an average of 14.6 Bcf/d in 2014. A large portion of tight oil production has come from Western Gulf Basin's Eagle Ford and from the Williston Basin's Bakken Shale. In the Bakken region, oil production in 2014 averaged 1.1 million barrels per day (bbl/d), more than 2.5 times greater than the 2011 average of 0.4 million bbl/d.

- In Canada, tight oil production doubled between 2011 and 2014, from 0.2 million bbl/d to 0.4 million bbl/d. Most Canadian tight oil production comes from Alberta and Saskatchewan. The same is true of Canadian shale gas production, which increased from 1.9 Bcf/d in 2011 to 3.9 Bcf/d as of May 2014, when including production from the Montney formation (natural gas produced in the Montney formation is considered non-shale gas production by the Canadian National Energy Board, but is included in the Canadian shale gas production total).

- In China, Sinopec and PetroChina have reported commercial production of shale gas from fields in the Sichuan Basin. Their combined shale gas output has reached 0.163 Bcf/d, or 1.5% of total natural gas production.

- In Argentina, tight oil production comes mainly from Vaca Muerta’s Neuquen Basin. National oil company YPF, partnering with Chevron, is producing about 20,000 barrels of tight oil per day from the Loma Campana area.

Notable shale resource exploration efforts are underway in several countries, including Algeria, Australia, Colombia, Mexico, and Russia. However, commercial shale development of the type demonstrated in the United States requires the ability to rapidly drill and complete a large number of wells in a single productive geologic formation. The logistics and infrastructure necessary to support this level of activity, including the drilling and completion processes, the manufacturing of drilling equipment, and the distribution of the final product to market are not yet evident in countries other than the United States, Canada, China, and to some extent, Argentina. Other above the ground factors such as ownership of mineral rights, taxation regimes, and social acceptance also play a role in decisions regarding the development of shales and other tight resources.
Principal contributor: Faouzi Aloulou | EIA



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 24 February 15
IHS ENERGY COAL CONFERENCE OF THE AMERICAS
Attend the IHS Energy Coal Conference of the Americas 17-19 March in Cartagena, Colombia and learn about timely concerns in today's coal indust ...


Monday, 23 February 15
Q2' CFR SOUTH CHINA COAL SWAP FOR Q2 ROSE 3.39% M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery rose US$ 1.90 (+3.39%) per MT month over month and declined US$ 0.08  ...


Monday, 23 February 15
Q2' API 5 FOB NEWCASTLE COAL SWAP CLOSED $1 HIGHER THAN Q3
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery rose US$ 3.12 per MT (+6.44%) month over month and fall US$ 0.43 (-0.83%) w ...


Sunday, 22 February 15
THE BALTIC DRY INDEX LOST ALMOST 3.2% OR 17 POINTS WEEK ON WEEK
COALspot.com: The Baltic Dry Index, one of the economic indicators that monitors the health of the world's economy by tracking the price of shi ...


Friday, 20 February 15
GOVT SET TO INCREASE COAL OUTPUT TARGET THIS YEAR - JAKARTA POST
The Energy and Mineral Resources Ministry is planning to increase its coal output target this year as the government seeks to offset the ongoing de ...


   635 636 637 638 639   
Showing 3181 to 3185 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • The University of Queensland
  • Kumho Petrochemical, South Korea
  • Riau Bara Harum - Indonesia
  • Eastern Coal Council - USA
  • Semirara Mining Corp, Philippines
  • Price Waterhouse Coopers - Russia
  • Mitra SK Pvt Ltd - India
  • McConnell Dowell - Australia
  • Adani Power Ltd - India
  • NALCO India
  • Bayan Resources Tbk. - Indonesia
  • ASAPP Information Group - India
  • CCIC - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Geoservices-GeoAssay Lab
  • PetroVietnam
  • Argus Media - Singapore
  • ETA - Dubai
  • ICICI Bank Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • SRK Consulting
  • McKinsey & Co - India
  • APGENCO India
  • Ministry of Mines - Canada
  • Idemitsu - Japan
  • Standard Chartered Bank - UAE
  • Dalmia Cement Bharat India
  • CESC Limited - India
  • Platou - Singapore
  • MS Steel International - UAE
  • Sindya Power Generating Company Private Ltd
  • Malco - India
  • GVK Power & Infra Limited - India
  • WorleyParsons
  • CNBM International Corporation - China
  • Coalindo Energy - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Sical Logistics Limited - India
  • Maersk Broker
  • Kohat Cement Company Ltd. - Pakistan
  • Thiess Contractors Indonesia
  • Global Business Power Corporation, Philippines
  • Tata Chemicals Ltd - India
  • Petron Corporation, Philippines
  • Panama Canal Authority
  • European Bulk Services B.V. - Netherlands
  • Samtan Co., Ltd - South Korea
  • Altura Mining Limited, Indonesia
  • Oldendorff Carriers - Singapore
  • Barclays Capital - USA
  • Jorong Barutama Greston.PT - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Fearnleys - India
  • DBS Bank - Singapore
  • Vedanta Resources Plc - India
  • Independent Power Producers Association of India
  • Semirara Mining and Power Corporation, Philippines
  • Qatrana Cement - Jordan
  • Attock Cement Pakistan Limited
  • Cement Manufacturers Association - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Manunggal Multi Energi - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Kobexindo Tractors - Indoneisa
  • GHCL Limited - India
  • Mercuria Energy - Indonesia
  • Gresik Semen - Indonesia
  • Cardiff University - UK
  • World Coal - UK
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Surastha Cement
  • TNB Fuel Sdn Bhd - Malaysia
  • GN Power Mariveles Coal Plant, Philippines
  • Permata Bank - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Aboitiz Power Corporation - Philippines
  • Bank of America
  • The State Trading Corporation of India Ltd
  • Thailand Anthracite
  • SASOL - South Africa
  • Thriveni
  • Formosa Plastics Group - Taiwan
  • Gujarat Mineral Development Corp Ltd - India
  • White Energy Company Limited
  • Cosco
  • Bank of China, Malaysia
  • Coal India Limited
  • NTPC Limited - India
  • Edison Trading Spa - Italy
  • Cigading International Bulk Terminal - Indonesia
  • Tata Power - India
  • Maharashtra Electricity Regulatory Commission - India
  • Arutmin Indonesia
  • GNFC Limited - India
  • Wilmar Investment Holdings
  • Georgia Ports Authority, United States
  • Clarksons - UK
  • Latin American Coal - Colombia
  • Ernst & Young Pvt. Ltd.
  • Port Waratah Coal Services - Australia
  • PTC India Limited - India
  • Ambuja Cements Ltd - India
  • Vizag Seaport Private Limited - India
  • London Commodity Brokers - England
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • EIA - United States
  • LBH Netherlands Bv - Netherlands
  • Iligan Light & Power Inc, Philippines
  • Maybank - Singapore
  • Indian School of Mines
  • HSBC - Hong Kong
  • Interocean Group of Companies - India
  • Parry Sugars Refinery, India
  • Chettinad Cement Corporation Ltd - India
  • TNPL - India
  • Coaltrans Conferences
  • Kapuas Tunggal Persada - Indonesia
  • Indika Energy - Indonesia
  • Rudhra Energy - India
  • Planning Commission, India
  • Parliament of New Zealand
  • The India Cements Ltd
  • Toyota Tsusho Corporation, Japan
  • Karbindo Abesyapradhi - Indoneisa
  • UOB Asia (HK) Ltd
  • Holcim Trading Pte Ltd - Singapore
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Electricity Generating Authority of Thailand
  • BRS Brokers - Singapore
  • Makarim & Taira - Indonesia
  • Reliance Power - India
  • Berau Coal - Indonesia
  • Inspectorate - India
  • Indian Energy Exchange, India
  • Global Green Power PLC Corporation, Philippines
  • India Bulls Power Limited - India
  • Xstrata Coal
  • IMC Shipping - Singapore
  • Adaro Indonesia
  • Jindal Steel & Power Ltd - India
  • CoalTek, United States
  • Credit Suisse - India
  • Australian Commodity Traders Exchange
  • ACC Limited - India
  • Central Java Power - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Freeport Indonesia
  • IOL Indonesia
  • World Bank
  • AsiaOL BioFuels Corp., Philippines
  • Heidelberg Cement - Germany
  • Shenhua Group - China
  • OCBC - Singapore
  • Moodys - Singapore
  • Sakthi Sugars Limited - India
  • Marubeni Corporation - India
  • TGV SRAAC LIMITED, India
  • Bangkok Bank PCL
  • globalCOAL - UK
  • Thermax Limited - India
  • CIMB Investment Bank - Malaysia
  • Binh Thuan Hamico - Vietnam
  • Malabar Cements Ltd - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • SMG Consultants - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Vijayanagar Sugar Pvt Ltd - India
  • Tanito Harum - Indonesia
  • Mercator Lines Limited - India
  • ING Bank NV - Singapore
  • Kobe Steel Ltd - Japan
  • U S Energy Resources
  • Mechel - Russia
  • Kideco Jaya Agung - Indonesia
  • Indorama - Singapore
  • PNOC Exploration Corporation - Philippines
  • Straits Asia Resources Limited - Singapore
  • Videocon Industries ltd - India
  • GB Group - China
  • Global Coal Blending Company Limited - Australia
  • Indo Tambangraya Megah - Indonesia
  • Sucofindo - Indonesia
  • Sojitz Corporation - Japan
  • Jaiprakash Power Ventures ltd
  • Uttam Galva Steels Limited - India
  • Gujarat Sidhee Cement - India
  • Energy Link Ltd, New Zealand
  • IEA Clean Coal Centre - UK
  • Alfred C Toepfer International GmbH - Germany
  • KEPCO - South Korea
  • Indian Oil Corporation Limited
  • Directorate Of Revenue Intelligence - India
  • Coeclerici Indonesia
  • Thai Mozambique Logistica
  • Humpuss - Indonesia
  • Mjunction Services Limited - India
  • Runge Indonesia
  • Bharathi Cement Corporation - India
  • Minerals Council of Australia
  • PowerSource Philippines DevCo
  • Bukit Makmur.PT - Indonesia
  • Savvy Resources Ltd - HongKong
  • Romanian Commodities Exchange
  • J M Baxi & Co - India
  • Simpson Spence & Young - Indonesia
  • Bhoruka Overseas - Indonesia
  • Enel Italy
  • Petrosea - Indonesia
  • Baramulti Group, Indonesia
  • Lanco Infratech Ltd - India
  • KPCL - India
  • Energy Development Corp, Philippines
  • Coastal Gujarat Power Limited - India
  • Grasim Industreis Ltd - India
  • Ince & co LLP
  • PetroVietnam Power Coal Import and Supply Company
  • Aditya Birla Group - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Essar Steel Hazira Ltd - India
  • Electricity Authority, New Zealand
  • Japan Coal Energy Center
  • Globalindo Alam Lestari - Indonesia
  • South Luzon Thermal Energy Corporation
  • Siam City Cement PLC, Thailand
  • Central Electricity Authority - India
  • Kaltim Prima Coal - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Metalloyd Limited - United Kingdom
  • RBS Sempra - UK
  • Coal Orbis AG
  • Bhatia International Limited - India
  • Kartika Selabumi Mining - Indonesia
  • Vale Mozambique
  • OPG Power Generation Pvt Ltd - India
  • Jatenergy - Australia
  • Karaikal Port Pvt Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Medco Energi Mining Internasional
  • TRAFIGURA, South Korea
  • Eastern Energy - Thailand
  • The Treasury - Australian Government
  • Deloitte Consulting - India
  • Rio Tinto Coal - Australia
  • Siam City Cement - Thailand
  • Meenaskhi Energy Private Limited - India
  • Therma Luzon, Inc, Philippines
  • Singapore Mercantile Exchange
  • Peabody Energy - USA
  • Arch Coal - USA
  • Salva Resources Pvt Ltd - India
  • JPMorgan - India
  • SGS (Thailand) Limited
  • Ministry of Transport, Egypt
  • Chamber of Mines of South Africa
  • Merrill Lynch Bank
  • Sinarmas Energy and Mining - Indonesia
  • Britmindo - Indonesia
  • Pinang Coal Indonesia
  • Merrill Lynch Commodities Europe
  • Gupta Coal India Ltd
  • Coal and Oil Company - UAE
  • Cargill India Pvt Ltd
  • Orica Australia Pty. Ltd.
  • Indonesia Power. PT
  • Krishnapatnam Port Company Ltd. - India
  • IBC Asia (S) Pte Ltd
  • Maruti Cements - India
  • Kepco SPC Power Corporation, Philippines
  • Core Mineral Indonesia
  • VISA Power Limited - India
  • Maheswari Brothers Coal Limited - India
  • Power Finance Corporation Ltd., India
  • Posco Energy - South Korea
  • EMO - The Netherlands
  • Shree Cement - India
  • San Jose City I Power Corp, Philippines
  • Intertek Mineral Services - Indonesia
  • Australian Coal Association
  • Asia Cement - Taiwan
  • Indogreen Group - Indonesia
  • Orica Mining Services - Indonesia
  • Anglo American - United Kingdom
  • Ind-Barath Power Infra Limited - India
  • Ministry of Finance - Indonesia
  • Tamil Nadu electricity Board
  • Renaissance Capital - South Africa
  • Agrawal Coal Company - India
  • Deutsche Bank - India
  • Sree Jayajothi Cements Limited - India
  • Inco-Indonesia
  • Cebu Energy, Philippines
  • Borneo Indobara - Indonesia
  • GMR Energy Limited - India
  • Infraline Energy - India
  • Platts
  • International Coal Ventures Pvt Ltd - India
  • Indonesian Coal Mining Association
  • Xindia Steels Limited - India
  • Trasteel International SA, Italy
  • Samsung - South Korea
  • Mitsui
  • New Zealand Coal & Carbon
  • Economic Council, Georgia
  • SMC Global Power, Philippines
  • Commonwealth Bank - Australia
  • Wood Mackenzie - Singapore
  • Madhucon Powers Ltd - India
  • Total Coal South Africa
  • Thomson Reuters GRC
  • Goldman Sachs - Singapore
  • Billiton Holdings Pty Ltd - Australia
  • Bukit Baiduri Energy - Indonesia
  • KPMG - USA
  • Carbofer General Trading SA - India
  • Ceylon Electricity Board - Sri Lanka
  • Mintek Dendrill Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Cemex - Philippines
  • JPower - Japan
  • Banpu Public Company Limited - Thailand
  • Bulk Trading Sa - Switzerland
  • Russian Coal LLC
  • Africa Commodities Group - South Africa
  • Timah Investasi Mineral - Indoneisa
  • BNP Paribas - Singapore
  • TANGEDCO India
  • Bhushan Steel Limited - India
  • Bangladesh Power Developement Board
  • Kalimantan Lumbung Energi - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Star Paper Mills Limited - India
  • Miang Besar Coal Terminal - Indonesia
  • Antam Resourcindo - Indonesia
  • MEC Coal - Indonesia
  • Lafarge - France
  • Barasentosa Lestari - Indonesia
  • Noble Europe Ltd - UK
  • Meralco Power Generation, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • PLN Batubara - Indonesia
  • Mitsubishi Corporation
  • SUEK AG - Indonesia
  • Glencore India Pvt. Ltd
  • UBS Singapore
  • ANZ Bank - Australia
  • PLN - Indonesia
  • KOWEPO - South Korea
  • Sarangani Energy Corporation, Philippines
  • Asian Development Bank
  • Larsen & Toubro Limited - India
  • bp singapore
  • Vitol - Bahrain
  • TeaM Sual Corporation - Philippines