Author Archive
Europe is too emotional about fracking, says Shell chief
Posted by Press Association: Tom Bawden on February 3rd, 2012
Press Association: Shell's chief executive, Peter Voser, called on Europe for a less "emotional" response to fracking, as he outlined plans to accelerate the oil giant's use of the controversial technology used to release hydrocarbons from rocks.
Mr Voser said Shell would invest $6bn (£3.8bn) to appraise, explore and develop gas and oil reserves contained in rocks this year, as it looked to significantly expand the volume of hydrocarbons it produces.
About $3bn of the total will be invested developing sites in...