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MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model

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Based on the interim results of a new study, MIT researchers are warning smaller nations to proceed with caution in pursuing the development of their natural gas resources. The interim report analyzed the economics of natural gas project development options in Cyprus with a focus on exports. Click to enlarge. Background.

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Shell partners with UT Austin to pursue new solutions to unlock gas resources

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million to address short- and long-term challenges facing the growing worldwide unconventional oil and gas industry. Shale gas is abundant, widely used, and a growing source of energy in the United States. Shell and The University of Texas at Austin signed a five-year agreement to invest $7.5

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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Shale gas offsets declines in other US supply to meet. The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Source: EIA.

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Israel begins natural gas production from deepwater Tamar field in Eastern Mediterranean

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On Saturday, Israel’s Ministry of Energy & Water Resources reported that commercial natural gas production had begun from the deepwater Tamar field (c. Tamar was the world’s largest natural gas discovery in 2009, notes Delek Energy, one of the Tamar partners. Leviathan’s resource is estimated at 17 Tcf gross, 6 Tcf net.

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Shell starts production at Vito in US Gulf of Mexico; new, simplified design

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Vito, Shell’s newest platform in the US Gulf of Mexico Vito is a four-column semi-submersible host facility with eight subsea wells (31,000 feet or 9,400 meters) with deep (18,000 feet or 5,500 meters) in-well, gas lift, and associated subsea flowlines and equipment. The Vito development is owned by Shell Offshore Inc.

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Looking to get in a hybrid for cheap? Used Toyota Prius 1.5 HSD 2004-2009 Review

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Used Priuses, especially the Generation 2 that were made from 2004 to 2009 are becoming a bargain to buy, especially for the MPG and features you get in return. On the way there, I made a pit stop at a gas station to buy a bottle of champagne as a gift, hoping to start out a conversation with a stranger on the right foot.

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Royal Dutch Shell plc Expands Tight Gas Position in US; $4.7B Cash Acquisition of East Resources

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Royal Dutch Shell plc is expanding its portfolio in North America tight gas (natural gas produced from tight, low permeability formations) with new positions in high potential US shale gas acreage in the Marcellus shale and Eagle Ford plays. million acres (5,250 square kilometers) of North America tight gas acreage.

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