Testing to determine whether or not to mine for gas in the Isle of Man's territorial waters may take place soon.
That's according to the Department of Economic Development which says it could be worth several hundred millions of pounds.
If plans go ahead it is also likely to create 80 to 100 jobs in the process.
Senior manager for energy policy Ken Milne says there's a chance the Island could become self-sufficient and export it:
Drone ban for skateboarding championship
The Civil Aviation Authority says drones will be banned from the Mountain Road this weekend.
Pick it up plea from Castletown commissioners
Castletown commissioners have issued a plea to the ancient capital's dog owners.
New online Isle of Man guide for refugees and asylum seekers
An organisation which supports the rights of refugees has updated its website with a guide to legal assistance on the Isle of Man.
Lifeboat called to yacht's rescue
Ramsey lifeboat was called out to help a yacht off the Scottish coast last night.
Government reveals TT viewing figures
Just one in five people who sign up for the Department for Enterprise's TT streaming service pay for the live coverage.
Final wind farm hearings set for July
The final meetings and hearings for the proposed Mooir Vannin Offshore Wind Farm have been announced.
Cocaine dealer to appeal 14-year jail term
A Douglas man serving 14 years in jail for his part in a cocaine-smuggling operation is to appeal against his sentence.
Infrastructure Minister defends road checks for cat’s eyes work
Roads are always inspected by the Department of Infrastructure before workers install cats eyes.
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