The former head of BP and the fracking firm Cuadrilla has warned that oil prices will remain low for “some considerable time”.
As two companies prepare to frack in northern England in the next few months, DrillOrDrop reviews new predictions about the future role of shale gas in the UK.
A company supplying fuel to Cuadrilla’s shale gas site in Lancashire has announced it is pulling out of the contract.
Creating a supply hub for the shale gas industry could generate £30bn and create 13,150 jobs at its peak, according to a new report published today. But Peel Gas & Oil, which commissioned the report, warned that if the UK took too long to establish the industry investors […]
The Prime Minister is wrong to raise people’s hopes that fracking could lead to cheaper energy bills, Jim Watson, professor of energy policy at Sussex University, said this week. Professor Watson, who is also research director at the UK Energy Research Centre, told a public lecture on Wednesday […]