BP’s Gulf of Mexico oil spill to affect EU shale gas projects

oil spill

The fledgling European shale gas industry will face project approval delays, as governments tighten regulation for all oil and gas drilling projects following BP's Gulf of Mexico oil spill, which has resulted in the deaths of 11 employees and 5,000 barrels of oil spewing into the ocean daily, say analysts.

Although only in its infancy with minimal production, European shale gas output is expected to rise exponentially in the coming years with global companies hoping to replicate the success seen