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Scottish shale gas is estimated to be in the “billions”

Scottish shale gas is estimated to be in the “billions”

New estimates from the British Geological Survey show there are billions of barrels of shale gas and oil tucked away in Scotland’s Midland Valley in underground reserves. In a report commissioned by the Government, the geologists estimate there’s between 3.2 ...

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Multi-million dollar energy deal at centre of World Cup corruption allegations

Multi-million dollar energy deal at centre of World Cup corruption allegations

Amongst the allegations of corruption in the Qatar World Cup winning bid there is a multi-million dollar gas deal for Thailand. A report in The Times claimed Qatari businessman Mohamed Bin Hammam arranged for Worawi Makudi, a Thai FIFA official, ...

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Shale Gas found near Manchester

Shale Gas found near Manchester

IGas have found shale gas in the Barton Moss site near Manchester. The drilling company has now finished at the site, which was recently the focus of some anti-fracking demonstrations. IGas confirmed they had reached the Bowland Shale which is ...

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Prime Minister slammed for “wooing the oil & gas industry”

Prime Minister slammed for “wooing the oil & gas industry”

David Cameron was slammed  by green groups yesterday for “wooing the oil and gas industry” by dropping the concerns regarding climate change. Cameron teamed up with Scotland’s First Minister Alex Salmond  to keep the energy sector on side of the independence ...

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Chancellor says fracking will combat climate change cheaply

Chancellor says fracking will combat climate change cheaply

Chancellor George Osborne  has pushed for shale gas as a way to counter climate change in a cheap way. After a speech in Hong Kong on  Thursday there was a Q & A session where Osborne said the country is ...

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60% of the UK could be suitable for fracking

60% of the UK could be suitable for fracking

A government commissioned report says that up to 60% of the UK may be suitable for fracking. The DECC report compiled by AMEC suggests that up to 2,880 wells could be drilled for the extraction of both oil and shale ...

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Stronger penalty regime set by Ofgem to secure gas supplies

Stronger penalty regime set by Ofgem to secure gas supplies

Higher penalties will be faced by gas shippers if they fail to deliver in a supply emergency, under revisions made to the ‘cash out’ regime announced by Ofgem on Tuesday. If domestic customers have to be cut-off, suppliers will be ...

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