shale oil Archives – The Green Optimistic

Fracking, “Done Right,” says UK Business and Energy Minister

Benji Jerew — Tue, 29 Jul 2014 14:45:42 +0000

Three years ago, unusual seismic activity forced fracking operations to cease operation in many parts of the UK, but that ruling is being overturned. Starting today, oil companies can bid on shale gas exploration rights, vis-à-vis, fracking, which is short for hydraulic fracturing. On the one hand, allowing for oil exploration seems to be a […]

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Oil Production Surges with Technological Advances, Biofuel Interest Wanes

Leigh Hutchens — Thu, 16 May 2013 02:28:08 +0000

Oil production is taking off, much to the surprise and chagrin of proponents of biofuel. The United States could see a surge in oil production that could make it the world’s leading oil producer within the next 10 years, according to a new report from the International Energy Agency. Several years ago, experts posited that […]

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Shale Oil Exploration Threatens Renewable Energy

Mila Luleva — Sat, 16 Feb 2013 13:21:14 +0000

Renewable energy and global emission targets are under a serious threat as the global shale oil industry is expanding with an incredible speed. According to a new report by consultancy firm PwC, by 2035 shale oil could account for 12 per cent of the global energy production, and cause a drop in oil prices down to […]

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