While the Prime Minister and Ofgem's proposed changes to gas tariff arrangements continue to prompt questions from politicians and industry alike, it may have escaped the attention of some observers that plans have also been recently announced by the Conservatives to promote a significant increase in investment in shale gas exploration and production in the UK.
The publication of a report by Argentina's Energy Institute (IAE) this month on the state of the country's energy sector has confirmed to many observers the decline of the past decade.
I rarely write about the energy industries in the US but, given that this edition of Energy coincides with OTC in Houston, I thought it appropriate to comment on some of the recent developments from an outsider's perspective.