Tag: Natural gas

War business

Military Contractors Raytheon, Lockheed Martin See Stock Prices Soar Amid Iran Crisis. Lockheed Martin, famous for its fighter planes, helicopters and missiles, saw its stock price spike to over $416, a jump of seven percent almost overnight. Raytheon and General Dynamics saw similar increases. Read the full article in Covert Geopolitics. You may also have …

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First gas extraction from methane hydrate

A Japanese energy explorer said on Tuesday it extracted gas from offshore methane hydrate deposits for the first time in the world, as part of an attempt to achieve commercial production within six years. (Reuters) Methan hydrate is an interesting source of energy, due to its high energy density: one cubic meter of combustible ice …

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Concern on “fracking” in Europe

Concern arises, as Halliburton, Chevron and Exxon declare they are starting the ‘fracking’ process in Europe, The Ecologist reported. Hydraulic fracturing is the propagation of fractures in rock layers, as a result of the action of a pressurized fluid (Wikipedia) used to extract liquid or gaseous hydrocarbons. In the US, gas-extraction in the Marcellus Shale …

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