People & Business :: Energy and Feedstocks
UK government invites bids for large-scale shale fracking
11:03 AM MDT | July 28, 2014 | Natasha Alperowicz
The government has today announced plans to open large parts of the United Kingdom for oil and gas exploration, including unconventional oil and gas that can only be produced by fracking. The 14th onshore licensing round is inviting companies to bid for exploration licences in about half of the UK, but there will be strict rules covering national parks and areas of outstanding natural beauty. Drilling in these areas will be allowed only in exceptional circumstances and only if the oil and gas reserves are so large that they are deemed to be of exceptional...
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