8,079 Active Recruiters     Over 2 Million Candidates Globally

  1. Keep me logged in
  2. forgot password

Checkout Jobs Basket (0)

You can checkout a maximum of 150 jobs.

Signup Better for Candidates

  • Create a free virtual CV and let recruiters find you
  • Automatically have your profile matched to suitable Oil & Gas positions
  • Link to your profile using it as a free online CV
  • Store all your employment documents to your profile for easy sending
  • Always receive feedback on positions applied for

Signup Better for Recruiters

  • Advertise Oil and Gas jobs for free
  • Suitable candidates automatically matched to your position
  • View candidate profiles for free
  • No more waiting for candidates to respond to job advertisements
  • Only ever pay when you match a candidate to a position
  • No more cold calling and sorting through out dated CVs

Hidden Report Reveals Ministers Exaggerated UK Fracking Boom

Published in Oil Industry News on Monday, 12 February 2018

Graphic for News Item: Hidden Report Reveals Ministers Exaggerated UK Fracking Boom

A hidden report for Britain’s most senior ministers has revealed that the promise of a UK shale gas boom has been dramatically exaggerated by government and fracking companies.

Government has known for almost two years that the number of wells likely to flow shale gas from fractures deep beneath the earth will be just a fraction of the 4,000 wells quoted publicly by ministers in support of the divisive industry. The unseen documents surfaced earlier this month after an ­investigative arm of Greenpeace uncovered the Government’s shale gas rethink through a Freedom of Information request.

The 2016 report, undertaken for the Cabinet Office, was not released despite revealing that less than 4pc of the shale gas wells predicted in public reports would be likely to emerge by 2025. The report estimates that only 155 shale wells are likely in the UK.

Only two years earlier reports predicted that the shale industry would drill 400 wells every year at its peak, reaching 4,000 wells by 2032.

The figures appeared in a major report from EY, which built on earlier estimates from the Institute of Directors. It was used by government and frackers to convince the public that a shale revolution could spur £33bn of investment and create over 64,000 jobs.

Dan Lewis, who helped produce the IoD research, blamed “disappointing” progress on planning delays, which have slowed site appraisals, combined with weak gas market prices.

Source: www.telegraph.co.uk

Please leave comments and feedback below


North Sea Oil and Gas, Norwegian Oil and Gas, Aberdeen Oil and Gas, Fracking Oil and Gas, Oil and Gas News

Oil and Gas News Archive

Latest Oil & Gas News

Featured Companies

  • View All JobsNOVATEK

    NOVATEK is one of the largest independent natural gas producers in Russia.

    Engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons, NOVATEK have 20 years of operational experience in the Russian oil and natural gas sector.

    Visit us online: www.novatek.ru/en/

  • View All JobsChronos Oil and Gas

    Chronos Oil and Gas is one of the fastest growing and best placed recruitment agencies in the sector.

    With over 300,000 candidates on our database and an international team of specialist recruiters we work with clients to staff major projects around the world.

    Register your CV at www.chronosoilandgas.com

  • View All JobsNatural Resources

    Natural Resources is a UK based recruitment company providing personnel of all disciplines and nationalities worldwide.

    We represent clients and candidates at all levels who operate globally within oil & gas, renewables, nuclear, power, mining, marine, drilling, construction and petrochemicals. Our client base includes energy and construction.

    Visit Natural Resources at natural-resources.com