Latest news
UK revealed it intends to create the most generous tax breaks in the world for shale gas producers
Britain's finance minister George Osborne has announced that Britain could become a leader in shale gas extraction as he intends to create world's "most generous" regime. He revealed that it plans to cut from 62% to 30% the tax on a proportion of production incomes, in a move which aims to encourage shale gas exploration.
read more... 22/07/2013
UK: Shale gas will not cut the cost of gas
According to a new study realized by Bloomberg New Energy Finance, the exploitation of the UK’s shale gas resources is unlikely to result in low natural gas prices, as the cost of shale gas extraction in the UK could be considerably higher than in the United States, where the development of shale gas resources has resulted in a substantial reduction of prices.
read more... 28/02/2013
Romania: shale gas a priority of the country’s energy policy
In recent weeks the Romanian government is announcing changes in its move toward the exploration and extraction of unconventional gas deposits, while Prime Minister Victor Ponta has begun to talk in positive terms about shale gas, recognizing it as a priority of energy policy.
read more... 19/02/2013
Angela Merkel’s coalition supports the acceleration of shale gas fracking
Chancellor Angela Merkel’s coalition is pledging for easing the extraction of natural gas by hydraulic fracturing methods, withdrawing a virtual moratorium on the controversial fracking in some German regions.
read more... 11/02/2013
Poland: Shale gas taxation could be slightly lower
The Polish government’s proposed tax on shale-gas exploration could be lower than the 40% of the gross profit on extraction of gas and oil, according to the declarations of Environment Minister Marcin Korolec made on Friday.
read more... 21/01/2013