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BBCNEWS BBC News June 4, 2024 19:40:00

Be quite modest, so you need hundreds of boreholes to make a dent on our reliance on imports. ijust want to make some thing really clear at this point. the statement that we have vast reserves of gas underground in the united kingdom, onshore, is simply incorrect. reserves means that we are certain there is gas underground, it can be produced, it can be sold and we have permission to do so. it is a huge difference between a theoretical resource and proven reserves, so we need to be really cautious about the fact we don t know if there is gas underground whether it can be retrieved safely without smaller earth tremors. the big questions have to be this. firstly, if you start again, are there parts of the united kingdom where the chances of earth tremors are lower? secondly, what sort of level of confidence will people need? and has public opinion changed significantly over the last 12 months because of the heightened price of gas? those are ....

Gas Underground , Earth Tremors ,

Arabian Drilling Co. hires Goldman, HSBC, SNB Capital for IPO

Arabian Drilling Co., a Saudi oilfield-services firm partly held by Schlumberger NV, hired Goldman Sachs Group Inc, HSBC Holdings Plc and SNB Capital to manage its IPO in Riyadh, seeking to join a steady stream of Gulf firms tapping equity markets. ....

Saudi Arabia , Ar Riya , Ghassan Mirdad , Goldman Sachs Group Inc , Holdings Plc , Public Investment Fund , Saudi Arabia Industrialization Energy Services Co , Saudi Aramco , Arabian Drilling Co , Gulf Cooperation Council Region , Services Petroliers Schlumberger , Gulf Cooperation Council , Executive Officer Ghassan Mirdad , Middle Eastern , Middle East ,