UK shale gas: £33bn investment could support 64,000 jobs

Will Nichols
clock

Trade body outlines "immense benefits" of developing up to 4,000 wells across the UK

Exploiting the UK's shale gas reserves will require a £33bn investment but could create over 64,000 jobs, according to an EY report commissioned by trade body the UK Onshore Operators Group (UKOOG)...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Study: Share of fossil gas generation in global power mix falls for fifth year running

Study: Share of fossil gas generation in global power mix falls for fifth year running

Power generation from renewables continues to surge worldwide, as fossil gas power loses ground in the global electricity mix

Michael Holder
clock 09 June 2026 • 4 min read
Study: Global biofuel demand set to grow nearly 70 per cent by 2030

Study: Global biofuel demand set to grow nearly 70 per cent by 2030

Short-term measures in response to Iran war could see global biofuel demand spike 30 per cent this year and continue to rise through to the end of the decade, T&E warns

Stuart Stone
clock 05 June 2026 • 4 min read
World Cup: Pubs to score five hours of free electricity when England and Scotland are playing

World Cup: Pubs to score five hours of free electricity when England and Scotland are playing

Octopus Energy launches 'Watt a Save' initiative for pubs showing home nations fixtures during this summer's World Cup

Stuart Stone
clock 05 June 2026 • 2 min read