While the go-ahead for Cuadrilla is a chink in the armor, it’s nowhere close to what the country needs to replicate US success, according to analysts and academics. (Bloomberg) — Continue Reading
The UK Department of Communities and Local Government rules that Cuadrilla Resources can proceed with shale gas exploration, including hydraulic fracturing, at its Preston New Road site in Lancashire. The Continue Reading
British government issues ruling on local appeals to hydraulic fracturing, siding in favor of the energy industry. Photo by photostock77/Shutterstock Industry appeals to local challenges to hydraulic fracturing operations were Continue Reading
Output in U.K. North Sea will rise through 2018: WoodMac Region joins Russia, Norway in bringing down costs to survive Oil producers in the North Sea were supposed to be Continue Reading
Britain gave the go-ahead on Thursday for a $24 billion nuclear power plant, ending weeks of uncertainty that strained ties with China and France and put a question mark over Continue Reading
A “very significant” reservoir of oil was uncovered during a pilot program in British waters west of the Shetland Islands, a British-based company said Friday. “A very significant hydrocarbon column Continue Reading
There are many players looking to enter the oil markets thanks to the raft of deals available as the oil price crash appears to be over. For the oil majors, Continue Reading
BP Chief Executive Robert Dudley said on Friday he expected global oil prices to remain at around $50 per barrel till the end of this year and at the same Continue Reading
Royal Dutch Shell Plc agreed to sell its Brutus/Glider operation in the Gulf of Mexico for $425 million as Chief Executive Officer Ben Van Beurden seeks to resuscitate an explorer Continue Reading
The British government reported total first quarter production of natural reserves increased at the same time the country relied less on foreign imports. The government reported total production of all Continue Reading
