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20/11/2014
Chemical Giant To Invest In UK Shale Gas Extraction
Ineos is to invest around £640m ($1bn) in shale gas exploration and production in the UK, according to a report by the BBC.
It is understood the company plan to use the gas as a raw material in its chemical plants such as Grangemouth.
According to the report, Grangemouth is currently operating at a loss but it is believed that shale gas could "transform" the fortunes of the plant.
The possibility of fracking in the UK has raised concerns and led to protests.
Campaigners say that fracking – a process by which gas is extracted when water and chemicals are pumped at high pressure into shale rock – could lead to earthquakes, water pollution and environmental damage.
(MH/JP)
It is understood the company plan to use the gas as a raw material in its chemical plants such as Grangemouth.
According to the report, Grangemouth is currently operating at a loss but it is believed that shale gas could "transform" the fortunes of the plant.
The possibility of fracking in the UK has raised concerns and led to protests.
Campaigners say that fracking – a process by which gas is extracted when water and chemicals are pumped at high pressure into shale rock – could lead to earthquakes, water pollution and environmental damage.
(MH/JP)
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19 July 2013
Govt Proposed 50% Tax Break For Fracking Firms
Tax on the incoming generated by shale gas could be reduced by 50%, in plans that would make the UK the "most generous" regime for shale gas in the world, the government said. Found in underground shale rock formations, the government have proposed cutting the tax from 62% to 30%.
Govt Proposed 50% Tax Break For Fracking Firms
Tax on the incoming generated by shale gas could be reduced by 50%, in plans that would make the UK the "most generous" regime for shale gas in the world, the government said. Found in underground shale rock formations, the government have proposed cutting the tax from 62% to 30%.
13 December 2012
UK Fracking Given Green Light
Fracking has been given the go-ahead by the UK government, despite the controversy surrounding the technique. Fracking involves pumping a mixture of water, sand and chemicals into a well to force the gas from rock. The Energy Secretary Ed Davey said it was a potential new energy resource for the UK.
UK Fracking Given Green Light
Fracking has been given the go-ahead by the UK government, despite the controversy surrounding the technique. Fracking involves pumping a mixture of water, sand and chemicals into a well to force the gas from rock. The Energy Secretary Ed Davey said it was a potential new energy resource for the UK.
24 January 2014
'Fracking Could Boost Economy' - David Cameron
Prime Minister David Cameron has said that shale gas extraction through fracking could boost the UK economy and encourage the return of businesses. Speaking at the World Economic Forum in Switzerland, David Cameron said that fracking could be a "fresh driver" of UK growth, highlighting that it is already "flooring" energy prices in the US.
'Fracking Could Boost Economy' - David Cameron
Prime Minister David Cameron has said that shale gas extraction through fracking could boost the UK economy and encourage the return of businesses. Speaking at the World Economic Forum in Switzerland, David Cameron said that fracking could be a "fresh driver" of UK growth, highlighting that it is already "flooring" energy prices in the US.
13 January 2014
Total Acquires 40% Interest In Shale Gas Exploration Licences
Total has announced that it has acquired a 40% interest in two shale gas exploration licences in the United Kingdom. The interests are in Petroleum Exploration & Development Licences 139 and 140 in the Gainsborough Trough area of the East Midlands region of the UK, which cover an area of 240 km2.
Total Acquires 40% Interest In Shale Gas Exploration Licences
Total has announced that it has acquired a 40% interest in two shale gas exploration licences in the United Kingdom. The interests are in Petroleum Exploration & Development Licences 139 and 140 in the Gainsborough Trough area of the East Midlands region of the UK, which cover an area of 240 km2.
26 August 2014
200 Homes Still Without Gas After Water Leak
Around 200 homes in Wales are still without gas after a burst water pipe flooded gas lines last Thursday. Wales and West Utilities have said that some 150,000 litres of water has been pumped from gas pipes since last Thursday, with 540 of the 755 homes affected by the leak, now reconnected.
200 Homes Still Without Gas After Water Leak
Around 200 homes in Wales are still without gas after a burst water pipe flooded gas lines last Thursday. Wales and West Utilities have said that some 150,000 litres of water has been pumped from gas pipes since last Thursday, with 540 of the 755 homes affected by the leak, now reconnected.
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
