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Tag: shale
UK shale gas bonanza 'not assured'
2013-04-26 01:26:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: Shale gas in the UK could help secure domestic energy supplies but may not bring down prices, MPs report. The US boom in shale gas has brought energy prices tumbling and revitalised heavy industry, but the Energy and Climate Change Committee warns conditions are different in Britain. The MPs say the UK's shale gas developers will face technological uncertainties with different geology. And public opinion may also be more sceptical, they add. The UK is a more densely populated landscape...
Tags: gas
assured
bonanza
shale
Shale gas bonanza 'not assured'
2013-04-26 01:25:58| BBC News | Business | UK Edition
MPs warn the UK government not to bet the farm on cheap shale gas reserves in UK.
Tags: gas
assured
bonanza
shale
US shale gas boom "unlikely" to be repeated in UK, warn MPs
2013-04-26 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: MPs will today highlight the role domestic shale gas could play in boosting tax revenue and enhancing energy security, but will also warn that its effect on energy prices remains far less certain. A report to be published today by the Energy and Climate Change Committee will warn a repeat of the dramatic fall in domestic gas prices seen in the US as a result of a shale gas boom is "unlikely" to be replicated in the UK due to "differences in geology, public attitudes, regulations and technological...
Cabot Oil & Gas begins production at Marcellus Shale in Pennsylvania, US
2013-04-26 01:00:00| Hydrocarbons Technology
US-based Cabot Oil & Gas has commenced gas production at the rate of 16.3 million cubic ft (Mmcf) per day with nine fracture stimulation (frac) stages at Marcellus Shale in northeast Pennsylvania, US.
Tags: us
production
gas
oil
UK should do more to speed shale gas development- lawmakers
2013-04-25 18:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: British lawmakers criticised the government on Friday for unnecessarily delaying development of shale gas, saying it should now encourage companies to come up with more accurate estimates of recoverable reserves. The lack of progress over the past two years in exploration and development of UK shale gas is disappointing and needs to speed up, members of the influential cross-party Energy and Climate Change Committee in parliament said in a report. Britain and some other countries have considered...
Tags: development
speed
gas
lawmakers
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