Remove Algeria Remove Gas Remove Production Remove Water
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Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

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Map of 48 major shale gas basins in 32 countries. Initial assessments of 48 shale gas basins containing almost 70 shale gas formations in 32 countries suggest that shale gas resources, which have recently provided a major boost to US natural gas production, are also available in other world regions.

Gas 210
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Sonangol, Maersk Oil and partners strike oil with their first deepwater pre-salt well offshore Angola

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The Azul-1 well, the first to penetrate pre-salt objectives in Angolan deepwater, was drilled in water depths of 923 meters (3,028 feet) and reached a final depth of 5,334 meters (17,500 feet). There is substantial evaluation work ahead of us to determine whether the discovery is enough to invest further to get production going.

Angola 199
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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Nigeria or Algeria cannot do the same for their oil industry. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. This drives the development of fossil fuels, including coal and shale production, as well as renewables.

Carbon 207
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Opinion: Is Russia Plotting To Bring Down OPEC?

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Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. percent of GDP in 2014.

Russia 150