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UK's Cameron to EU: Don't stifle fracking with new laws

2013-12-17 14:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: British Prime Minister David Cameron has warned the European Commission not to propose European Union-wide legislation to regulate the nascent fracking industry, saying such a move could create uncertainty and stifle investment. The rising cost of energy bills is a big issue ahead of a 2015 election and Cameron is keen to tap Britain's large resources of shale gas to shore up the country's energy security as its North Sea oil reserves decline. In January, the European Commission, the EU executive,...

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BAE to provide long lead items for UKs Successor submarines programme

2013-12-17 01:00:00| Naval Technology

The UK Ministry of Defence (MoD) has awarded two contracts to BAE Systems to procure the first long-lead items in support of the UK Royal Navy's Successor submarine programme, UK defence secretary Phillip Hammond has announced.

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UKs Seniors Property Supply May Have Dried Up

2013-12-16 17:15:00| National Real Estate Investor

The flurry of large acquisitions by U.S. REITs in the United Kingdom continued through 2013, most recently with the Griffin-American Health Care REIT II purchase of a 44-property portfolio for $472.2 million. There are signs that, going into 2014, there may not be any more deals to make across the pond for some timethere are just not many quality portfolios left. read more

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UKs BCA Predicts Strong Used Values in 2014

2013-12-14 21:22:21| AutomotiveDigest.com - Automotive Industry News

As average used car values have surged to record levels during 2013, BCA suggests next year could bring more of the same in the used car market as the availability of retail quality used cars is likely to remain limited. Average used car values in 2013 have seen a substantial year-on-year rise over 2012 according [...]The Article UKs BCA Predicts Strong Used Values in 2014 appeared first on Automotive Digest.

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Shale Boom Shakes U.K.'s $33 Billion Chemicals Industry: Energy

2013-12-13 20:05:28| Chemicals - Topix.net

The U.S. shale gas boom is reverberating across Britain's chemical industry, the nation's second-largest export earner.

Tags: industry energy billion chemicals

 

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