28.07.2014 - U.K. Opens Bidding for New Round of Shale Gas Exploration

The U.K. will begin the bidding process today for the next set of onshore oil and gas exploration licenses, including shale gas, which is considered a cheaper and more secure energy source. Details will be set out by the Department of Energy and Climate Change. About half the U.K. will be open for bids, yet the areas considered to be shale gas prospects are smaller, and are already around half-covered by licenses...............................................Full Article: Source

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