Oil shale gas

Leadership reviewed progress and set targets to scale shale oil via sci‑tech industry finance innovation, tech breakthroughs and strengthened talent and integration mechanisms.

New three‑dimensional development model delivered two 100Mt fields, added 327Mt proven reserves, cut 6,000m well drilling to 17 days, raised single‑well output and reduced energy use.

TCO shared advanced reservoir techniques at SPE conference, highlighting innovations in production, safety, and sustainability, and received awards for technological excellence.

INEOS criticizes UK's shale seismic limit as too low, risking manufacturing. Calls for policy change to boost energy self-sufficiency and economic growth.

National Trust permits geological survey at Clumber Park after initial refusal due to environmental concerns. Surveys are non-intrusive and aim to reduce UK's carbon emissions.