Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55316619
Caption:

Protesters form a human chain around Cuadrilla Resources site in Balcombe, west Sussex, Britain, on August 18, 2013. The extraction by hydraulic fracturing, or fracking, faces strong opposition from environmentalists and communities near potential production sites. (EPA/BOGDAN MARAN)

UK’s fracking future in doubt over concerns about cost, environment

by Sam Hardy | Sep 13, 2013 | Business

London, Asharq Al-Awsat—In May this year, an article in this newspaper reported on the US’s hydrocarbon revolution, with the country set to overtake Russia as the world’s largest gas exporter by 2015. Now the shale revolution is beginning to reach Europe’s shores,...

Media ID: 55313021
Caption:

FILE – In this Monday Oct. 29, 2012, file photo, an oil pump operates in the desert oil fields of Sakhir, Bahrain, at sunset. New troves of oil are being found all over the globe and each barrel produced is selling for more than $100, as of Thursday, Aug. 1, 2013. But profits and production […]

Opinion: The Danger of Yo-yo Oil Prices

by Amir Taheri | Aug 9, 2013 | Opinion

It was only a couple of years ago when people, some in jubilation and others with trepidation, speculated about oil prices hitting the USD 200 mark per barrel. These days, however, all the talk is about a fall in crude prices, perhaps down to USD 50. Were it to...

Media ID: 55297373
Caption:

A non-associated gas processing facility. (Photograph: Saudi Aramco)

Saudi Arabia’s Shale Gas Challenge

by Andrés Cala | Mar 30, 2013 | Business

Saudi Arabia’s plans to explore its vast shale gas reserves—potentially the fifth largest in the world—will take years. The success of this project will depend on the economic feasibility, especially in regards to limited water supplies that would require a robust...