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UK shale gas survey likely to reveal reserves higher than expected

2013-06-27 07:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: New estimates of the UK's reserves of shale gas will be published on Thursday, and are expected to be much larger than originally thought potentially supplying the UK with decades' worth of natural gas, if a high proportion of the gas in the rocks can be extracted at a low cost. However that key question that cannot yet be answered due to the lack of experimental wells drilled so far and the challenges posed by the UK's high density of population. The survey of shale reserves, carried out by...

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Shale Gas Drilling Could Yield An Industry Worth 4bn To The UK Economy | Shale Gas Environmental Summit

2013-06-24 04:28:56| pollutiononline News Articles

Investments in shale gas drilling could yield an industry worth nearly £4bn a year to the UK economy and create more than 70,000 jobs, according to a new report from the Institute of Directors (IoD), becoming a "new North Sea" energy business in the process

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Nucor Leads Charge In Seizing Shale Gas Opportunities; US Steel, Voestalpine Follow

2013-06-21 22:39:10| Steel - Topix.net

As many will tell you, there have been and will continue to be winners and losers in the metals industry from the lower gas prices that shale gas has created.

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Centrica in shale gas licence stake

2013-06-13 13:09:24| BBC News | Business | UK Edition

Centrica has paid 40m for a 25% stake in a shale gas exploration licence owned by Cuadrilla Resources and AJ Lucas Group

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British Gas owner Centrica agrees 160m Bowland shale fracking deal

2013-06-13 11:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The British Gas owner, Centrica, will invest up to 160m in shale gas exploration and development in the north-west after agreeing a deal with Britain's leading fracking company. Centrica has bought a 25% stake in the Bowland exploration licence in Lancashire from Cuadrilla Resources and AJ Lucas for 40m. It will pay a further 60m in exploration and appraisal costs. An additional 60m will be payable if Centrica subsequently decides to move into a development phase. The entrance of such...

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