IGas fracking site at Ince Marshes in doubt
Plans by IGas to drill and frack for shale gas on Ince Marshes in Cheshire appear to have been shelved.
Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
Plans by IGas to drill and frack for shale gas on Ince Marshes in Cheshire appear to have been shelved.
The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
Investors in Rathlin Energy’s West Newton-B exploration site in East Yorkshire reported “good progress” today on the initial work.
The Environment Agency has approved changes to the rules for a well test at the West Newton-A oil and gas site in East Yorkshire, partner companies reported this morning.
Updated. IGas is demanding to know when the government will announce its decision on shale gas plans in Cheshire.
Updated 24 April 2020 The investment bank, VSA Capital, has hinted that politics, rather than science, could overturn the moratorium on onshore fracking in England.
The number of shares in the onshore operator, UK Oil & Gas plc, has risen to 7.8 billion, up by more than a quarter since August 2019.
The former head of BP and the fracking firm Cuadrilla has warned that oil prices will remain low for “some considerable time”.
Shares in Angus Energy rose this morning as the company announced it had taken out a £1.4m loan with a property company.
The oil and gas company, Rathlin Energy, has confirmed that it has started work at its second site in East Yorkshire.