Why Britain doesn't frack

 

Shale gas has revolutionised America’s energy industry. Produced via a process called hydraulic fracturing, or ‘fracking’, in which water is forced into rock, cracking it to release the valuable gas it contains, it’s provided a much-needed boost to America’s economy. Britain, however, hasn’t joined in on the action. Restrictions on fracking in Britain were lifted in 2012, but no onshore sites have been drilled in the past three years.

Why not?

Alberta faces growing backlog of abandoned oil and gas wells

 

As Alberta's energy companies struggle through a bout of low prices, more and more are walking away from their oil and gas wells.

What changes are needed in the oil and gas industry today?

 

In this clip Michael Fry, President and CEO of Deepwater Subsea tackles the question so many people are asking and that is "what changes are needed in the industry today?"

Oil Companies May Be Slow to Invest In Upgrading Iran's Oil Infrastructure

The deal between Iran and the international community to prevent the
Middle Eastern country from making nuclear weapons is significant for
the oil markets in terms of long-term supplies which could see Iran
pumping 1 million barrels a day by 2017. Energy Aspects' Richard
Mallinson says that Iran has big ambitions to increase its oil exports,
but it will not happen overnight. 'When you look at the state of Iran’s
upstream, it has been starved of foreign investment for a couple of
decades and it’s going to take a long time to bring those fields back up
and increase production.'

President Obama said,

Iran’s breakthrough nuclear deal | FT Comment

 

FT editor Lionel Barber and foreign editor Roula Khalaf discuss the breakthrough agreement between world powers and Iran on the country’s nuclear programme, what it means for the region and who the winners and losers are.

Iran’s breakthrough nuclear deal | FT Comment

 

FT editor Lionel Barber and foreign editor Roula Khalaf discuss the breakthrough agreement between world powers and Iran on the country’s nuclear programme, what it means for the region and who the winners and losers are.

Downtrend starting in crude oil after surprise US inventories build?

 

Market Analyst, Jasper Lawler looks at this week’s surprise build of US oil inventories and a breakdown in price action in West Test crude oil

Energy: As BP Greases Palms, Greece Is Officially In Default

For years consumers have been curious about how BP will fair after the Deepwater Horizon incident, and with today’s events you’ll be pleased to know: it has nothing to do with Greece.

Shell justifies £55bn BG Group deal | FT Business

 

Christopher Adams is joined by Ben van Beurden to dicuss Shell's £55bn deal for BG Group and whether it represents good value for money.

Shell: Going underground | FT Business Notebook

 

Royal Dutch Shell's disused Goldeneye gas platform could soon get a fresh lease of life, pumping millions of tonnes of CO2 into depleted reservoirs deep below the seabed, in what would be the world's first carbon capture and storage project involving a gas-fired power plant.

Israel’s gas potential | Lex

 

What are the possibilities with Israel's gas resources?