• 4 minutes Trump will meet with executives in the energy industry to discuss the impact of COVID-19
  • 8 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 11 minutes Why Trump Is Right to Re-Open the Economy
  • 13 minutes Its going to be an oil bloodbath
  • 32 mins Ten days ago Trump sent New York Hydroxychloroquine. Being administered to infected. Covid deaths dropped last few days. Fewer on ventilators. Hydroxychloroquine "Cause and Effect" ?
  • 5 hours US Shale Resilience: Oil Industry Experts Say Shale Will Rise Again
  • 10 hours Mr
  • 25 mins Russia's Rosneft Oil is screwed
  • 19 hours While China was covering up Covid-19 it went on an international buying spree for ventilators and masks. From Jan 7th until the end of February China bought 2.2 Billion masks !
  • 7 hours Free market or Freeloading off the work of others?
  • 9 hours Marine based energy generation
  • 21 hours What If ‘We’d Adopted A More Conventional Response To This Epidemic?’
  • 22 hours How to Create a Pandemic
  • 8 hours China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 14 hours Which producers will shut in first?
  • 21 hours Real Death Toll In CCP Virus May Be 12X Official Toll

Breaking News:

WTI Slides On Huge Crude Inventory Build

China's Plan To Capitalize On The Oil Price War

China's Plan To Capitalize On The Oil Price War

While Saudi Arabia and Russia…

OPEC’s Plan To Take Over The Global Oil Industry

OPEC’s Plan To Take Over The Global Oil Industry

Much of the commentary surrounding…

EU Looks to Introduce Regulations in Order to Control UK's Fracking Plans

EU Looks to Introduce Regulations in Order to Control UK's Fracking Plans

Last week the Chancellor of the Exchequer George Osborne announced that the UK government would off tax breaks to fracking firms and set up a new regulator just for the unconventional natural gas sector, all as part of the new energy policies.

The energy secretary Ed Davey is also expected to lift all fracking restrictions that were placed on a site in Lancashire earlier in the year after several earthquakes were reported in the area.

This new ‘dash for gas’ has Europe worried, and therefore Brussels has called to set some central regulations in order to control the growing shale gas industry. The worry being that, as a rookie in the industry, the UK cannot be confident that it understands the full scale of health and environmental consequences

Related Article: Booming U.S. Natural Gas Production to Export LNG to Thailand?

Jo Leinan, a member of the German SPD, explained to the EP that “there are basically only two countries where the government is behind using it. It is Poland and it is Great Britain, and Poland has not gone very fast. Then in Great Britain they give green light for industrial exploitation but they have to know what they are doing. I don't know if they can be so sure and clear about what they are doing.”

On the whole EU members are wary of fracking, with recent EC reports listing ground- and surface-water contamination, noxious air emissions, risks to biodiversity, and noise pollution as just some of the negative side effects.

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage




Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News