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23/05/2014
'Huge' Oil Reserve Not Found
A long-awaited study by the British Geological Survey (BGS) has unexpectedly concluded that there is no oil in the Weald region of southern England.
It had been speculated that the report would confirm a high number of barrels of oil identified in shale rock in Kent, Sussex, Surrey and Hampshire in the southern England, amid new moves to step up the use of "fracking".
The Energy Minister Michael Fallon is reported to have said that he is neither "disappointed nor happy" over the findings of the BGS survey.
He also denied that the government "hyped" the UK's potential to delivery oil.
The report did however find that "there could be 4.4bn barrels of oil in shale rocks from Salisbury to Tonbridge Wells – although recoverable reserves are likely to be a fraction of this."
(CVS/MH)
It had been speculated that the report would confirm a high number of barrels of oil identified in shale rock in Kent, Sussex, Surrey and Hampshire in the southern England, amid new moves to step up the use of "fracking".
The Energy Minister Michael Fallon is reported to have said that he is neither "disappointed nor happy" over the findings of the BGS survey.
He also denied that the government "hyped" the UK's potential to delivery oil.
The report did however find that "there could be 4.4bn barrels of oil in shale rocks from Salisbury to Tonbridge Wells – although recoverable reserves are likely to be a fraction of this."
(CVS/MH)
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31 July 2014
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25 July 2013
Exploratory Oil Drilling In West Sussex Given Go Ahead
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22 February 2013
Fuel Shortage Fears As BP Tanker Strike Begins
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15 January 2013
Staff Taken Off North Sea Oil Platform
Workers are being evacuated from a North Sea oil platform after hydrocarbons were detected in one of its legs, it has been announced. The incident is at Taqa Bratani's Cormorant Alpha platform, which is about 94 miles off Shetland. It is understood there are 159 people on board and all are said to be safe and well.
Staff Taken Off North Sea Oil Platform
Workers are being evacuated from a North Sea oil platform after hydrocarbons were detected in one of its legs, it has been announced. The incident is at Taqa Bratani's Cormorant Alpha platform, which is about 94 miles off Shetland. It is understood there are 159 people on board and all are said to be safe and well.
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