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Labour seeks to tighten UK shale gas rules

Labour will seek to tighten the regulations governing the extraction of shale gas on Monday as the UK opposition party hardens its stance over the contentious technology. The extraction of shale gas through hydraulic fracturing of rock, or “fracking”, will be discussed by MPs as part of legislation to reform trespass laws, which can stand in the way of exploration. A number of Liberal Democrat MPs and a handful of Tories are also expected to voice concerns about the industry, amid hardening environmental opposition.

Ineos to invest up to £640m in UK shale gas

Petrochemicals giant Ineos has unveiled plans to invest up to $1bn (£640m) in drilling hundreds of wells to explore for shale gas across northern England and Scotland. The company said it had applied for numerous exploration blocks in an ongoing licensing round run by the Department of Energy and Climate Change and, if successful, it would become “the biggest player in the UK shale gas industry”.

Fracking: In the path of the ‘shale gale’

The oil company had hoped that by taking only written questions from the residents, it could keep a lid on their emotions. But it was only seconds after the chief executive of Great Western Oil & Gas began the Q&A with the people of Windsor, Colorado, that the lid blew off. Before Rich Frommer could read out the first submission, Connie Reifschneider rose from her fold-up chair to interrupt him. “I’m shaking because I’m angry,” she said.

Shale is lighting up a new era of American optimism

This winter Jim Ratcliffe, the British billionaire founder of Ineos, the chemicals group, is trying to spark a local shale gas revolution. He has offered to share 6% of future revenues with communities or landowners if they work with Ineos to develop the energy source — far more than anything offered in the UK before. “This will be a game changer,” he argues, explaining that he copied the idea of a 6% pledge from America, where similar handouts have helped start a dramatic expansion of shale gas extraction since 2010.

Il problema acqua è l’altro ostacolo per lo shale gas

Oltre ai problemi economici e di impatto ambientale, lo sviluppo degli idrocarburi da scisti potrebbe scontrarsi con un altro ostacolo: quello delle risorse idriche. Il 40% delle riserve shale si trova in aree ad alto stress idrico, nelle quali l’estrazione tramite fracking sarebbe molto problematica. Un recente report del World Resources Institute. Il boom dello shale gas in cui molti confidano potrebbe scontrarsi con un altro ostacolo finora sottovalutato: quello della disponibilità d’acqua. A puntare il riflettore sul problema è un nuovo report del World Resources Institute.

Natural gas in China – Shale game

China drastically reduces its ambitions to be a big shale-gas producer

IN 2012 China’s main planning agency, the National Development and Reform Commission, declared that the country would produce 60 billion-100 billion cubic metres of shale gas a year in 2020. It needed those forecasts to be accurate. They weren’t. Wu Xinxiong, the director of China’s National Energy Administration, recently predicted that only 30 billion cubic metres a year will come on stream by 2020. That would barely meet 1% of China’s energy needs now, let alone in 2020.