Space Industry and Business News  
OIL AND GAS
Scottish oil and gas prohibition questioned
by Daniel J. Graeber
Washington (UPI) Jan 10, 2018


The shale division of British business group INEOS said it was petitioning for a judicial review of a Scottish decision to sideline onshore oil and gas work.

Scotland has one of the more robust low-carbon programs in the world and its government in 2015 ruled that natural gas derived from underground coal deposits would have no place in a greening economy. The decision followed a report from the University of Glasgow that found the coal gasification industry had a history of incidents related to pollution and is out of step with Scotland's efforts to lower its emissions without an offset like carbon capture and storage in place.

INEOS Shale filed for a judicial review of the government's decisions, saying Scotland will lose out on at least 30,000 jobs and an estimated $1.3 billion for local communities.

Operations Director Tom Pickering said the decision was a major blow to his company and the fledgling regional onshore oil and gas industry.

"It also removed at a stroke the potential for the country in these uncertain times to secure its own indigenous energy supply," he said in a statement. "We have serious concerns about the legitimacy of the ban and have therefore applied to the court to ask that it review the competency of the decision to introduce it."

The Scottish government had no public comment on the challenge. Scottish ministers had already enacted a separate moratorium on unconventional oil and gas extraction methods, like hydraulic fracturing.

Scotland pegged its future during its last bid for independence on revenue from oil and gas reserves in the North Sea. The bid failed in 2014 and the government said since that the region's energy sector needs a predictable set of governing policies in order to thrive.

Ken Cronin, the chief executive of the U.K. Onshore Oil and Gas organization, said last year that Scotland stands to win by exploiting its own reserves. Its report found as much as $8.5 billion in tax receipts would go to the Scottish government from onshore oil and gas.

Pickering added he was frustrated with the fluid support for a fossil fuels industry in Scotland.

"If Scotland wants to continue to be considered as a serious place to do business, then it cannot simply remove the policy support that attracted that investment in the first place without proper procedures being followed and without the offer of appropriate financial compensation," he said. "In the light of these failings, INEOS has been left with no option other than to raise this legal challenge."

OIL AND GAS
Dutch gas field hit by 3.4 quake, largest since 2012
The Hague (AFP) Jan 8, 2018
A 3.4-magnitude earthquake rocked the northern Dutch province of Groningen on Monday, the biggest since 2012 following a series of tremors blamed on extraction in Europe's biggest gas field. Residents said the ground shook just before 3:00 pm (1400 GMT), and the Royal Dutch Meteorological Institute (KNMI) confirmed the quake was generated some three kilometres below the surface at the small ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Bio-based compound offers a greener carbon fiber alternative

Nature's smallest rainbows, created by peacock spiders, may inspire new optical technology

Accelerated analysis of the stability of complex alloys

Russian scientists suggested a new technology for creating magnet micro-structures

OIL AND GAS
Military defense market faces new challenges to acquiring SatCom platforms

Harris contracted by Army for radios for security force assistance brigades

Joint Hellas-Sat-4 and SaudiGeoSat-1 satellite ready for environmental tests

Government outsourcing disrupts space as SatComm services commercialised

OIL AND GAS
OIL AND GAS
Raytheon to provide GPS-guided artillery shells

DARPA Subterranean Challenge Aims to Revolutionize Underground Capabilities

New satellite tracking of in-flight aircraft to improve safety

US military imagines war without GPS

OIL AND GAS
US firm seals deal to resume MH370 hunt: Malaysia

High-tech ship en route to resume hunt for MH370

JPATS Logistics Services to support T-6 aircraft in new contract

Bell announces first flight for V-280 tiltrotor aircraft

OIL AND GAS
Intel chief says chip flaw damage contained by industry

Tech firms battle to resolve major security flaw

New study visualizes motion of water molecules, promises new wave of electronic devices

Viewing atomic structures of dopant atoms in 3-D relating to electrical activity in a semiconductor

OIL AND GAS
Resourcesat-2A Completes One Year in Space

Scientists discover unexpected side effect to cleaning up urban air

NASA's Magnetospheric Multiscale Mission locates elusive electron act

NASA-led Study Solves a Methane Puzzle

OIL AND GAS
Suspect in murder of Philippine environmentalist freed

25 tonnes of toxic waste found dumped near Belgrade

Beijing records best air quality in five years in 2017

Russian environmental campaigner hospitalised after beating









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.