Michael Fallon is optimistic about the UK shale industry
Michael Fallon is bullish about the prospects for Britain's shale-gas sector. And, as he tells Conal Urquhart, while there's a lot of work to be done, the rewards will make the effort worthwhile
He has has been credited with the successful and controversial privatisation of the Royal Mail, the British postal service. But now Michael Fallon's job is to help establish Britain's fledgling shale-gas industry in the face of opposition from committed environmental activists and a public which is more aware of the challenges of drilling for shale gas than the benefits. The member of parliament has a wide-ranging role as a minister in both the Department of Energy and Climate Change and the Department of Business, and is now working with the handful of companies which have licences to drill for shale gas. Fallon said he expects that, over the next two years, about 20 to 30 exploration wells
Also in this section
2 April 2026
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
2 April 2026
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices






