Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Conal Urquhart
11 December 2013
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

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
In pipelines we trust
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
Canada’s oil and gas looks east
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
Can Merlin work magic for Shell in Namibia?
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
High hopes and dry wells in the Black Sea
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search