Shale Gas
GAIL signs agreement with Shell Energy India for ethane production
GAIL India has signed an agreement with Shell Energy India Private Limited to explore opportunities for infrastructure development for ethane sourcing
 "GAIL signs agreement with Shell Energy India for ethane production")
Exxon Mobil starts sale of US shale gas properties in disinvestment plan
The top US oil producer is marketing 61 wells that last year produced around 81 million cubic feet per day equivalent of natural gas.
 "Exxon Mobil starts sale of US shale gas properties in disinvestment plan")
Big oil stares at a long winter ahead as global fuel demand stays muted
With U.S. Covid-19 cases hitting a record this week and new lockdowns looming across Europe, the virus and its impact on petroleum demand show no sign of abating
 "Big oil stares at a long winter ahead as global fuel demand stays muted")
Lack of uniformity in clearance of proposals hurting shale explorers
Investment of over $2 bn by Great Eastern rejected, despite Cabinet giving nod to uniform licensing
 "Lack of uniformity in clearance of proposals hurting shale explorers")
Shale pioneer Chesapeake Energy largest US oil producer to seek bankruptcy
The filing marks an end of an era for the Oklahoma City-based shale pioneer, and comes after months of negotiations with creditors
 "Shale pioneer Chesapeake Energy largest US oil producer to seek bankruptcy")
Crude oil-linked agro commodities fall sharply, Guar, CPO lead decline
CPO is used to make bio-fuels and is influenced by the movement in crude oil; Guar gum fell because it is used in fracking, a method of extracting shale gas
 "Crude oil-linked agro commodities fall sharply, Guar, CPO lead decline")
US shale producers add to India's luck with oil
With shale oil production returning to growth this year, major turnaround in oil prices is unlikely
 "US shale producers add to India's luck with oil")
