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2014-05-24 18:10:00

SOUTHERN ENGLAND SHALE

SOUTHERN ENGLAND SHALE

 

The discovery of billions of barrels of shale oil lurking underneath affluent neighbourhoods of southern England has caused concern among residents, the National Trust and estate agents alike.

Locals in parts of Kent, Sussex, Surrey and Hampshire, which lie above the oil-rich "Jurassic Weald Basin", are worried their properties and the surrounding environment will be affected by fracking – the process of extracting shale oil – and view the government's offer of additional community compensation as a form of "bribery" to win over local councils.

Martin Bamford, a 34-year old financial services professional, lives a few miles outside of Godalming, Surrey, one of the areas above the basin, said: "The government is sending mixed signals – it is backing energy, but it is almost bribing local communities to allow this to happen.

"You cannot put a price on a danger to the environment, or on potential damage to your property."

The squeeze on local council's finances could be another incentive for them to accept compensation in exchange for firms to "frack" in the area, added Mr Bamford, which could cause "conflict between councils and the people they represent".

The area is already susceptible to shifting foundations underneath houses, due to the clay soil. "I think there'll be real concern about tremors. Before I bought the house in 2005, we had to have it underpinned. Friends have had similar issues."

Other local residents fear house prices could be affected.

Richard Hebditch of the National Trust, said there were "very real dangers" for the environment in "going all out for fracking".

"That's why we'd like to see specific changes to its planning and regulatory framework, including ruling out fracking in National Parks and in sensitive environmental areas," he said.

ft.com

Tags: ENGLAND, SHALE, OIL

Chronicle:

SOUTHERN ENGLAND SHALE
October, 20, 12:10:00

NORWAY'S PRODUCTION DOWN 171 TBD

NPD - Preliminary production figures for September 2017 show an average daily production of 1 772 000 barrels of oil, NGL and condensate, which is a decrease of 171 000 barrels per day compared to August.

SOUTHERN ENGLAND SHALE
October, 20, 12:05:00

ЦЕНА URALS: $ $55,55881

Средняя цена на нефть Urals за период мониторинга с 15 сентября по 14 октября 2017 года составила $55,55881 за баррель, или $405,6 за тонну.

SOUTHERN ENGLAND SHALE
October, 18, 19:10:00

OIL PRICE: ABOVE $58

Brent crude futures, the international benchmark for oil prices, were at $58.16 at 0643 GMT, up 28 cents, or 0.5 percent from their last close - and almost a third above mid-year levels. U.S. West Texas Intermediate (WTI) crude futures were at $52.03 per barrel, up 15 cents, or 0.3 percent, and almost a quarter above mid-June levels.

SOUTHERN ENGLAND SHALE
October, 18, 19:05:00

РОССИЯ: БОЛЬШЕ НЕФТИ И ГАЗА

Александр Новак отметил рост основных показателей всех отраслей энергетики в прошлом году: «Мы имеем рекордные показатели за прошлый год по добыче нефти, угля. Идёт рост добычи и экспорту газа, в том числе в Европу на уровне 15 процентов. По углю мы наблюдаем рост добычи даже больше уровня прошлого рекордного года. Также отмечается рост производства электроэнергии на 2%, что говорит об оживлении экономики».

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