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A UK-based energy firm has discovered what it describes as the highest ever levels of shale gas at a site in Nottinghamshire.

Energy giant Ineos said drill tests show readings in one area alone for enough shale gas to keep the whole country supplied for 29 years. The findings at the site in Tinker Lane near Barnby Moor are equivalent to a trillion dollars-worth of gas, significantly higher than at one of the biggest fracking locations in the US. Tom Pickering, chief operating officer of Ineos Shale, said the findings could be "significant" and "transformational for the UK economy".

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