Shell gives UK shale gas the cold shoulder


Although the UK government seems to be quite optimistic as far as the revenues following future shale gas exploration are concerned, things are quite different as far companies willing to actually invest in this field are concerned, with energy giant Shell actually revealing the fact that it doesn’t plan to tackle the UK in the near future.

According to a news report, Simon Henry, Shell’s chief financial officer, said it had already allocated more than $6bn (£3.8bn) to shale globally and was not going to exceed that sum.

We are not going to just throw more strategic capital allocation into the business because the UK, or any other country for that matter, feels it’s a good thing. If and when the UK reaches the same level of potential attractiveness, we’ll give it a thought,” said Mr. Henry.

However, if you’re not really willing to wait and witness the effect of shale gas exploration on your bills first hand, but you’d rather prefer to implement an energy costs reduction plan for your business, the best place to start is HeatingSave, since our solution will allow you to actually save between 20 and 30+ percent from your monthly energy bills.

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It’s also very important to mention that HeatingSave can take an automatic decision on whether to use electricity or gas for heating during summer, and also enables users to set a night setback temperature, reducing the night heating by a few degrees to still keep 24/7 operations warm whilst saving energy and money.

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