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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.

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...

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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.

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Shale gas could be lower carbon than imported fuel, say climate advisers

2013-04-24 07:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Shale gas extracted in the UK would be lower carbon than imported gas from countries such as Qatar, and help to reduce greenhouse gas emissions if well regulated, the government's chief climate change advisers have said. But in a report published on Wednesday, the Committee on Climate Change also sounded caution on the prospects for widespread development of shale in the UK. It said that relying heavily on gas would scupper the UK's chances of meeting emissions targets in the longer term, and...

Tags: lower gas fuel carbon