The Telegraph: Shell sails ahead without UK shale
Shale gas is likely to play an increasingly important role in powering Britain’s growth but don’t expect the country’s largest oil and gas company, Royal Dutch Shell, to help create a fracking-led energy revolution.
Andrew Brown, director of upstream international business and the man responsible for the main revenue-generating side of Britain’s most valuable company, is sceptical about the potential for shale oil and gas development in Britain.
“At the moment the UK position, you know, is not ranking for us,” Brown tells The Sunday Telegraph in an interview in his office overlooking the Thames. “This is a matter of just being disciplined about where we expect to get returns if our exploration is successful.