Centrica invests £100m in UK shale gas venture

British Gas owner Centrica said it has bought a 25% stake in the Lancashire field to explore shale gas in the UK. It acquired the interest in the Bowland area operated by Cuadrilla Resources, where initial exploration suggested there could be 200 trillion cubic feet (tcf) of gas in place. Centrica said it paid a […]

Fracking could ‘solve UK’s current energy issues’

Fracking could help the UK solve many of its energy issues and is already “far more regulated” than the US. That’s according to an environmental consultancy, which believes the permitting and licensing proposals in the UK for fracking demand the highest standards for site safety and environmental management and comparing it with the US is […]