Total grasps US shale gas play from Chesapeake

French energy company Total has bought a stake in an up and coming shale gas asset in Ohio, USA from Chesapeake, the second-largest gas producer in the States and EnerVest. Total paid the firms $700million for its chunk of the Utica shale play and is launching a joint venture with Chesapeake in the position. The […]

US energy firm puts $3.2bn into Marcellus Shale site

American firm Noble Energy is investing $3.2billion in a natural gas site in Pennsylvania and West Virginia owned by CONSOL Energy. The firm has signed for a 50% stake of the venture with CONSOL, the leading natural gas producer in the eastern United States, in the Marcellus Shale which could create work for more than […]