Related Articles
Forward article link
Share PDF with colleagues

UK shale gas might be ready for take-off this year

This year may very well see the unconventionals sector begin to deliver on its rich promise

The conclusions of the European Council meeting on 22 March surprised many by focusing on the need to lower energy prices and boost European competitiveness, emphasising the role of onshore unconventional oil and gas development as part of that cost-effective strategy. This would be achieved through a number of mechanisms including “systematic recourse to onshore and offshore indigenous sources of energy…while respecting Member States’ choices of energy mix”. Council president, Herman van Rompuy, nonetheless downplayed the potential contribution of shale in Europe, stating there was no anticipated European energy “game changer”, comments echoed by Commission president, José Manuel Barroso,

Also in this section
Nigeria's election hangs over energy sector
19 April 2018
Africa's biggest economy is growing again. But next year's vote is stalling reform and investment in its crucial energy sector
Syria: ruthless business as usual
18 April 2018
The joint US-UK-French strikes on chemicals targets in Syria won’t affect the war—but they could damage Trump's image in the region
Elections a new rupture point in Venezuela crisis
16 April 2018
A Maduro loss in May's election could be a turning point, but recovery will be lengthy