Fracking for shale gas will cut energy bills, create jobs, and pump money into local communities, the Prime Minister has stated. In an article published in The Telegraph on Sunday, David Cameron waded into the national debate on fracking for shale gas, saying it’s one he is “determined to win”. In it he claims that fracking is safe, and has … Read More
Centrica plans oil and shale gas exploration
The parent company of British Gas is seeking to generate more of its own energy, due to its increasing reliance on foreign imports. Centrica, owner of British Gas, has announced a new 2 year partnership with Cuadrilla Resources to extract shale gas at 7 wells across Lancashire. Fracking will take place at 6 new wells, as well as the one … Read More
Estimated shale gas reserves doubled by BGS
A new report by the British Geological Survey says there could be 1,300 trillion cubic feet of gas stored away under the North of England. Previous estimates of around 600 trillion cubic feet were revised, although only 10% of the total gas can definitely be extracted. Energy Minister Michael Fallon said shale gas was “an exciting new energy resource”. A … Read More
Fracking gets go-ahead in the UK
An era of cheap, abundant gas could be on the way, as new report confirms risk of earthquakes and water contamination are minimal. In what could be the most significant step in Britain’s energy security since the widespread exploitation of North Sea oil, hydraulic fracturing, or ‘fracking’ has been deemed safe in a new report produced in joint by the … Read More