After a particularly pitched fight over the future of fracking in the UK, one geologist might burst the fracking bubble with a single incendiary report.
According to Prof. John Underhill of Heriot-Watt University, the presumed 1,300 trillion cubic feet of gas that lies underneath the United Kingdom may not be as accessible as previously hinted. That’s great news for anti-fracking protestors who have proven a willingness to get their hands dirty in the fight to keep fracking out of the UK.
The Wyoming Bureau of Land Management is now allowing public comment on Jonah Energy’s next ambitious undertaking, the Normally Pressurized Lance natural gas project. The proposed development could help stimulate the state’s economy with a plethora of new jobs and an infusion of cash.
As every new oil and gas project must, however, Jonah Energy’s NPL project is drawing criticism from anti-fracking protestors.
On Wednesday, August 2, Congress flexed unified legislative muscle for the first time in a long time by implementing a series of fresh sanctions against three countries whose behavior is increasingly worrisome: Iran, North Korea, and Russia.
On July 31, the Trump administration responded to growing political turmoil in the South American country of Venezuela by initiating a series of sanctions against President Nicolás Maduro. Once a cherished trading partner for the United States, Venezuela is now looking at a period of political and economic strife for the foreseeable future.
But what exactly is going on in Venezuela? And what does the chaos mean for the United States oil and gas industry?
It’s been a tough road for Nigeria as the oil-rich country has struggled to build up its energy industry. In spite of the nation’s ample resources and apparent willingness to commit themselves to oil and gas extraction, a small pocket of corruption has plagued the African nation’s development. Now, after years in the grip of a handful of scam artists, Nigeria is working its way back from the brink, and economic stability might be right behind it.