Posts tagged with gas

New Budget Sets Up ‘Dash for Gas’

osborne-budget

George Osborne’s budget, announced on Wednesday, has confirmed the government’s commitment to shale gas, with the chancellor claiming: “Shale gas is part of the future. And we will make it happen.” A number of benefits…

Japan Converts Methane Hydrate into Natural Gas

natural gas bubbling up from the sea

Japan has become the first country to successfully extract natural gas from underwater sources of frozen methane hydrate, according to the ministry of Economy, Trade and Industry. The breakthrough, made at a site 50 miles…

Are Market Distortions Inflating Our Gas Bills?

rising gas bills

There are fears that irregularities in the market price of gas my lead to higher household bills in the UK, following revelations that the fuel is often exported even when the wholesale price is higher…

Coal Set to Overtake Oil by 2022

coal mining

A report from the International Energy Agency (IEA) has claimed that over the next decade coal will replace oil as the world’s leading source of energy. Growing demand in highly populous countries such as China…

Think Tank Finds Turning Away From Gas Will Boost Economy

UK gas power

According to the Cambridge Econometrics think tank, the UK would be £20bn better off in 2030 by focusing on offshore wind farms as a means of replacing aging power plants, as opposed to increasing gas…