• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Oil and Gas Market
    Oil and Gas News
    Oil and Gas Stocks
    • Oil and Gas Market
    • Oil and Gas News
    • Oil and Gas Stocks
    market news

    Oil Executive Promotes Shale Gas to Europeans

    Investing News Network
    Oct. 12, 2011 10:17PM PST
    Oil and Gas Investing

    NY Times reported that a senior executive from Exxon Mobil expressed that Europe could miss a chance to reduce its dependence on imported energy by making it too difficult to develop shale gas.

    NY Times reported that a senior executive from Exxon Mobil expressed that Europe could miss a chance to reduce its dependence on imported energy by making it too difficult to develop shale gas.

    As quoted in the market news:

    The executive, Andrew P. Swiger, a senior vice president at Exxon, said that the conventional gas fields currently supplying Europe were expected to decline, raising dependence on imports delivered through pipelines and as liquefied natural gas.

    “By 2030, Europeans are expected to be significantly more reliant on imports of natural gas than they are today,” Mr. Swiger said in London at the Oil and Money conference, which is jointly organized by The International Herald Tribune and Energy Intelligence. “Europe’s unconventional natural resources can provide the opportunity to offset this changing mix with domestic supplies,” he said.

    Click here to read the full NY Times report

    market newsliquefied natural gaseurope
    The Conversation (0)

    Go Deeper

    AI Powered
    Oil & Gas Outlook: Australia Edition

    Oil & Gas Outlook: Australia Edition

    utility meters

    10 Natural Gas Facts for Investors

    Latest News

    CHARBONE Hydrogen Announces $2M Convertible Debentures Replacement

    Charbone Hydrogene annonce des debentures convertibles de remplacement de 2M$

    Angkor Resources Advances Community Development In Ratanakiri, Cambodia

    Angkor Resources: Unlocking Cambodia’s Resource Potential through Energy and Minerals Assets

    Alvopetro Announces Q3 2025 Dividend of US$0.10 Per Share

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES