A growing realization is dawning for European shale gas operators that “serious” man-made and technical obstacles may block attempts to replicate U.S. experiences with shale gas, according to London-based analyst Chatham House.
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Raymond James: Majors Looking to Capitalize on European Shale
Looking to replicate the numerous North American successes in recovering natural gas reserves from unconventional shale plays, a number of oil and gas majors are eager to take the new drilling technology across the pond to Europe, but Raymond James analyst Pavel Molchanov warns that while the resource potential is “definitely there,” the process “will be a marathon and not a sprint.”
June 8, 2010
SoCalGas Joins Desert-Based Energy Efficiency Team
In a program it hopes to replicate with other cities and utilities, Sempra Energy’s Southern California Gas Co. has committed up to $2.2 million in energy efficiency programs and services to the Palm Desert (CA) Demonstration Project for 2007-2008, with the possibility of more funds in subsequent years, the company said Tuesday. The program serves part of the energy-sensitive desert resort community about 120 miles east of downtown Los Angeles.
July 25, 2007
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