Saudi Arabia announced plans to build seven test wells for shale-gas drilling, an early move to develop the kingdom's estimated 600 trillion cubic feet of unconventional natural gas resources, Bloomberg reports.
HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural The Houston-based company said in its weekly report Friday that 1,341 rigs were actively exploring for oil and 431 for gas. Four were listed as miscellaneous. A year ago, Baker Hughes counted 1,984 working rigs.
Japan Oil, Gas and Metals National Corp said it was successful in the first-ever attempt to extract gas from frozen methane hydrate off the coast of Japan, the first step in its goal of achieving commercial production by 2019, Reuters reports.
House Majority Whip Kevin McCarthy, R-Calif., said the House Energy Action Team has discussed renewable energy as part of energy legislation that could attract Democratic support, National Journal reports.
Though water supplies are plentiful, the surge of hydraulic fracturing in North Dakota has prompted a battle between water providers and a government-back cooperative over who should supply water for the process, Reuters reports.
Environmental activists called on Organizing for Action, the political group built from President Obama's campaign, to press the administration against approving the Keystone XL pipeline, Politico reports.