Thursday, January 21, 2010

More on International Shale

I wanted to note two interesting articles about shale in other countries.  The first comes by way of an anonymous commenter from an article last month on the Economist website.  (Why does everyone comment anonymously? What happened to cute screen names at least?)  The second is a very short piece from earlier this week noting a couple of joint ventures between major integrated oil companies and Chinese companies seeking out gas in China

The deals for BP/Sinopec and Shell/PetroChina to explore for unconventional gas in China are very interesting.  China gets lots of grief in the international community for the speed at which it churns out new coal-fired electric plants.  Finding and securing long-term supplies of natural gas might make China a model for lower carbon and polluting emissions through the use of gas rather than coal.

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