The issue of hydraulic fracturing, or fracking, has taken on a life of its own. But with so much misinformation circulating, it is hard for the general public to know whether it is a good thing or a bad thing. The truth is – as with any polarizing issue – somewhere in the middle Read more
The technological advances in the oil and gas patch just keep coming. While everyone has been scrambling to catch up with the shale gas revolution, the industry has been working on another potentially massive breakthrough in gas. This one is in producing gas that has long been stranded offshore in areas too far or too small to warrant a pipeline to shore.
As questions about hydraulic fracturing – fracking as it is known in the industry – continue to build, the oil and gas industry is finding investors asking for more transparency as to how companies are going to face the growing risks to production. Read more
Many thanks for all your questions for James Cameron, vice chairman of Climate Change Capital. His answers will appear on this site on Friday, January 28th.
Next week, the person in the hotseat will be Josh Fox, the Oscar-nominated director of the film, the entire natural gas world is talking about: Gasland. Read more
Gasland, the environmental documentary about the effects of shale gas extraction, has been nominated for a “best documentary” Oscar. Read more
A group of US investors have filed shareholder resolutions with nine oil and gas companies, pressing them to disclose plans for managing risks associated with the technology being used to extract gas from shale rock. Read more
Last night, Gasland, the film that has stoked an intense debate about the ethics of the shale gas boom in the US, premiered here in the UK.
It couldn’t have been better timed – Cuadrilla is due to begin more drilling at its shale gas site near Blackpool later this month. And the Tyndall Centre, in conjunction with the Co-op, helped get the debate moving on this side of the Atlantic with a report calling for a halt to all such drilling while the risk is properly assessed.
But what of the film itself? Read more
A hat tip to Nick Grealy of No Hot Air for spotting this one. On Wednesday, the energy minister Greg Barker gave an intriguing glimpse of the UK attitude towards fracking, the gas extraction method that has caused so much controversy in the US. And it’s good news for the gas companies. Read more
Yesterday’s decision by the Obama administration to put a moratorium on drilling in the eastern Gulf of Mexico further intensifies the current debate about hydraulic fracturing, the process by which much of the unconventional gas is being exploited in the US. Read more