Occur

The International Energy Agency (IEA) warned Wednesday that irreversible climate change will occur if bold actions are not taken worldwide within the next five years, but the agency’s chief economist said he’s not optimistic that leaders will make the sacrifices necessary.

Over the next 25 years world energy use will increase by 53%, with China and India alone accounting for half of the total growth, according to the International Energy Outlook 2011 (IEO2011) issued by the Energy Information Administration (EIA) last week.

Over the next 25 years world energy use will increase by 53%, with China and India alone accounting for half of the total growth, according to the International Energy Outlook 2011 (IEO2011) issued by the Energy Information Administration (EIA) on Monday.

A shale-rich township in southwestern Pennsylvania is proposing mediation to resolve a dispute with a local gas driller.

Range Resources Corp. is threatening to leave a western Pennsylvania township over a dispute with local officials.

Untapped unconventional gas plays still exist in pockets across North America, but domestic producers are branching out to test prospects in Europe, the Asian Pacific area, Africa and elsewhere to stake their claims in the next big shale plays.

Natural gas hydrates, which could potentially lead to huge energy resources, occur at high saturations within reservoir-quality sands in the Gulf of Mexico (GOM), according to reports unveiled Tuesday by the Office of Fossil Energy’s (FE) National Energy Technology Laboratory (NETL).

Natural gas hydrates, which could potentially lead to huge energy resources, occur at high saturations within reservoir-quality sands in the Gulf of Mexico (GOM), according to reports unveiled Tuesday by the Office of Fossil Energy’s (FE) National Energy Technology Laboratory (NETL).

Schlumberger Ltd., already the largest oilfield services contractor in the world, could take on more natural gas shale drilling once its acquisition of Smith International Inc. is completed, the CEO said last week.