Friday 13 September 2013

European shale oil boom won’t affect global energy markets | The National

European shale oil boom won’t affect global energy markets | The National:

"If the United Kingdom is sitting on huge new resources of domestic energy, it is probably not the only country in Europe.

The question for the oil-rich Middle East nations is to what extent its wealth, global importance and industry is affected by the discovery of new sources of gas in the United States, China and Europe.

Eastern Europe looks set to become the next hotbed of shale gas exploration as oil and gas majors, such as Chevron, hunt opportunities in countries that want to establish their energy independence from Russia."

'via Blog this'

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