Two companies Friday welcomed news that their oil shale research-and-development proposals in Colorado have moved another step forward with the release of a draft environmental review of them.
Two companies are one step closer to testing their oil shale development research. Submissions for Bureau of Land Management leases are in the final steps of approval.
Oil & Natural Gas Corp. (ONGC) of India and competitors may drill for at least four years before producing the first commercial shale gas in the nation as China expects to commence output next month and Australia boosts reserves.
ADELAIDE Global mining, oil and gas major BHP Billiton Monday justified the company's $20 billion foray into US shale gas stating that shale liquids developments are now among the most attractive projects in the world.
* Like for like orders up 5 pct in first 13 weeks of 2012 * Oil and gas unit orders down 26 pct * Mining orders rise 18 pct, power up 27 pct (Adds details) LONDON, May 9 (Reuters) - British engineer Weir ...