IGas in talks with bondholder Trans European Oil & Gas and new investors
IGas confirmed this morning it was having discussions with Trans European Oil & Gas, thought to be a leading holder of its secured debt.
Ruth Hayhurst
Investigative journalist and environmental writer. Specialising in UK onshore oil and gas, fracking and the reaction to it.
Fracking Week in Parliament: 24-28 October 2016
In this Fracking Week in Parliament: Jim McMahon on landowners’ rights and fracking Caroline Flint on using the shale wealth fund for energy efficiency Scottish Parliament on post-Brexit impacts on the environment and trade deals
Picture post: Barclays anti-fracking protests
Yesterday (29/10/2016) anti-fracking campaigners protested outside branches of Barclays against the bank’s investment in Third Energy, which has permission to frack for shale gas in North Yorkshire. The protests were part of a week of action, which saw more than 90 events against Barclays’ involvement in shale gas exploration […]
Cuadrilla losses mount to $17.6m
The shale gas company, Cuadrilla, has announced a loss of $17.671m for the 12 months ending 31 December 2015, up from $11.568m on the previous year.
“Illogical” planning condition delays restoration of Cuadrilla’s Lancashire shale gas site for one year
A Cuadrilla shale gas site, next to an internationally important bird reserve, will not be returned to farmland for another year because of the way planning conditions were written.
Fracking support falls to record low while opposition peaks – latest government survey
Opposition to fracking for shale gas has risen to a record high and support is at the lowest level so far, according to a government survey of public attitudes.
Celtique pulls out of two new exploration licences in East Midlands
Egdon Resources announced today that it had taken over Celtique Energie’s interests in two oil and gas exploration licences.
IGas bondholders divided over debt terms
IGas shares closed down more than 9% on the day after the company’s bondholders disagreed in votes over proposals to relax liquidity obligations.
Water contamination threat prompts objections to oil production plans in National Park
Portsmouth Water has objected to proposals for 20 years of oil production in the South Downs National Park because of concerns about contamination to drinking water.
Fracking protest sees Ryedale mother and daughter set up home in Barclays
A mother and daughter installed a sofa, plants and coffee table at a branch of Barclays in York this morning to bring home their opposition to the bank’s investment in fracking.
DRILL OR DROP? 