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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,…

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Tags: ENGLAND, SHALE, OIL

Chronicle:

SOUTHERN ENGLAND SHALE
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

SOUTHERN ENGLAND SHALE
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

SOUTHERN ENGLAND SHALE
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

SOUTHERN ENGLAND SHALE
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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