‘Fracking’ could bring UK 50,000 jobs, says former BP chief

Shale gas “fracking” could create 50,000 jobs and possibly reduce gas prices in the UK, the former CEO of BP has claimed in a newspaper interview. Lord Browne, now a director of shale gas company Cuadrilla Resources, said Lancashire could potentially become the centre for shale gas in Europe. Fracking involves a process of extracting […]

Is the UK sitting on gas gold?

Caudrilla Resources believe there could be 200 trillion cubic feet of shale gas in the Bowland basin, the largest ever discovered in the UK. The discovery in Lancashire could create 5,600 jobs at peak production if current bans are lifted over fears that the specialized ‘fracking’ process caused a tremor in Blackpool earlier this year. […]

Wind energy shipping firm expands

A specialist shipping firm which supplies vessels to the wind energy industry is to build a new base at Great Yarmouth. Seajacks is currently based in the east coast town but is moving because business is booming. Seajacks operates ships which are designed for the installation and maintenance of offshore wind turbines and can also […]