Monday, April 1, 2013

United Kingdom:


Granite on the Cornish coast
(Courtesy The Times)
A quarry in the heart of the Cornish countryside is at the center of a bidding war involving some of the biggest names in the international energy industry. The quarry near Penryn, Cornwall in south-west England, was the site of the first deep geothermal project in the UK.

At least half a dozen oil and gas companies, understood to include the state-owned Saudi Aramco, the world’s richest company, have approached the owner of Rosemanowes Quarry, near Penryn. Offers for the site are believed to have surpassed £1 million for the apparently redundant stoneworks.