BP’s Gulf of Mexico oil spill to affect EU shale gas projects
BP’s Gulf of Mexico oil spill will lead to approval and production delays in the European shale gas industry as governments crack down on environmental safety regulations.
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
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