UK | Egypt Oil & Gas - Part 10
After Fracking Denial, Cameron Hopes Unconventional Gas an Option for UK
On Monday, the council of Lancashire, located in northwestern England, rejected the British fracking company Cuadrilla’s plans to develop a new fracking site in Little Plumpton. Cameron expressed hope that ̶...
UK’s Third Energy Applies for Gas Fracking Permission
Independent oil and gas producer Third Energy has lodged an application for hydraulic fracturing, or fracking, at a shale gas site in northeast England, the third such application being assessed by British authorities...
Oil Prices Prompt Further Layoffs at Weir Group
Weir Group is to cut a further 125 oil and gas jobs in North America as the FTSE 100 engineer continues to feel the pain from the slump in oil prices. The Glasgow-based engineer, which manufactures valves and pumping ...
Saudi Company to Use American Shale Gas in UK PetroChem Plant
Saudi Basic Industries Corp 2010.SE has signed a deal to use shale gas from the United States at its Teesside petrochemical plant in Britain, acting chief executive Yousef Abdullah al-Benyan told Reuters on Sunday. &#...
UK Concerns Rise Over Proposed Fracking Regulations
Anti-fracking campaigners have accused the shale industry of wanting companies “to be allowed to mark their own homework” by suggesting independent checks on wells could be done in-house. A report by the R...
Argentina Threatens Legal Action Over Falkland Island Drilling Activity
Argentina is threatening to take legal action against Britain over oil drilling off the coast of the Falkland Islands. Three fuel companies registered in London declared that there are untapped reserves to be tested. ...
After Effects of Petrobras Scandal Spreads to US and UK
Investors in Petroleo Brasileiro SA, the state-run oil company at the center of a kickback scandal in Brazil, expanded their lawsuit against the company by adding claims that auditor PricewaterhouseCoopers LLP turned ...
UK Project Spending Set to Drop
While the UK has seen considerable growth in upstream spending recently, the dropping oil price could see this trend reversed. That’s according to analysts Wood Mackenzie’s annual UK upstream review. After years...
