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Grid says UK shale gas could meet a third of demand by 2030s

* Shale output could hit 32 bcm a year by early 2030s * Offshore gas production to peak in 2017 * With no investment gas imports could hit 90 percent by 2035 By Susanna Twidale LONDON, July 10 (Reuters) - A third of Britain's gas needs could come from its own shale gas by

Scotland may have shale for 30 years' worth of UK gas needs

* Resources in Scotland's populous central belt * Most British shale in northern England * Licensing round for drillers due this summer * No fracking for extraction has yet been started LONDON, June 30 (Reuters) - Scotland, heading for a September independence referendum,

UK shale explorer IGas Energy annual results meet forecasts

Annual results from UK onshore hydrocarbon group IGas Energy broadly met analysts' forecasts on Wednesday as the company reported growth in both revenues and operating profits in the year to March 31st. Revenues increased to £75.9m during the 12-month period, from £68.3m the year before, helped by

IGas Energy Swings To Profit On Higher Revenue, Lower Finance Costs

UK Gets Fracking Boost From New Infrastructure Bill

LONDON (Alliance News) - The UK government will introduce a bill which should further promote the development of fracking in the country by reducing trespass laws against shale oil and gas companies wanting to drill under peoples homes, confirmed the Queen in her annual speech on Wednesday. Read more

Monday newspaper round-up: Shire, China housing, IGas

Shire has lined up a $5bn credit facility from banks led by Citigroup to finance a takeover offer for NPS Pharmaceuticals, an American developer of a new drug for sufferers of a debilitating bowel condition. An initial approach to NPS by Shire has been rebuffed, according to insiders. However, a for

IGas Energy Completes Due Diligence On Dart Energy Takeover

LONDON (Alliance News) - IGas Energy PLC Friday said it is happy with the results of its due diligence review of Dart Energy Ltd, and it plans to proceed with the acquisition of the company. The shale gas player said that the deal, which will create a company with the largest area in the UK

Survey Estimates 4.4 Billion Barrels Of Shale Oil In Southern England

LONDON (Alliance News) - The British Geological Survey and the UK Department of Energy and Climate Change on Friday provided a central estimate of 4.4 billion barrels of shale oil in the Weald Basin in the south-east of England, as the UK government has launched a process to simplify land access

UPDATE 1-Britain plans fracking rule change as report shows huge shale oil reserves

* Proposal allows drilling without landowners' permission * Billions of barrels of oil under rock formations in south * Huge shale gas finds in north have fuelled fracking boom * Britain relies fuel imports as North Sea reserves dwindle (Adds report on reserves, detail, backgr

Britain seeks to change land access rules to speed up shale drive

LONDON, May 23 (Reuters) - Britain is seeking to change the rules regarding land access to make it easier and quicker for shale oil and gas companies to drill underground deposits, as the government steps up efforts to exploit the country's shale resources. The government on Friday also pub

UK shale gas firm Cuadrilla to submit plans to frack in Lancashire

* Plans for Preston New Road site to be submitted this month * Plans for second exploration site to be submitted later * Cuadrilla says had extensive consultations with public By Nina Chestney LONDON, May 19 (Reuters) - British shale gas firm Cuadrilla Resources will submi

Thursday broker round-up UPDATE

Anglo American: Credit Suisse ups target price from 1800p to 1850p downgrading to neutral. ASOS: Berenberg initiates with a target price of 5350p and a buy recommendation. Barclays: Jefferies lowers target price from 345p to 325p, while staying with its buy recommendation. Bioquell: N+1 Singer pl

Egdon becomes UK's second biggest shale gas player with Alkane deal

* Deal gives Egdon access to 140,000 acres of shale land * Alkane to receive 21.55 pct stake in Egdon * Egdon to raise 7 million pounds to pay for shale gas work * Egdon shale gas estimates rise to 28 tcf By Karolin Schaps LONDON, May 13 (Reuters) - Oil and gas explo

RPT-COLUMN-Frack the future: Britain's onshore oil, gas quest is on: Kemp

(Repeats column published May 12 with no changes to text) By John Kemp LONDON, May 12 (Reuters) - They were crazy dreamers who dared to believe that oil and gas could be produced from beneath England's rolling green hills. Small companies such as Alkane, Egdon, Cuadrilla, Dart,

COLUMN-Frack the future: Britain's onshore oil, gas quest is on: Kemp

(The opinions expressed here are those of the author, a columnist for Reuters.) By John Kemp LONDON, May 12 (Reuters) - They were crazy dreamers who dared to believe that oil and gas could be produced from beneath England's rolling green hills. Small companies such as Alkane, Eg