Cuadrilla owner takes $157m hit from fracking moratorium
The Australian mining group that owns Cuadrilla has cut the value of its UK shale gas assets by more than $157m following the reinstatement of the moratorium on fracking in England.
The Australian mining group that owns Cuadrilla has cut the value of its UK shale gas assets by more than $157m following the reinstatement of the moratorium on fracking in England.
DrillOrDrop’s review of the latest UK onshore oil data for November 2022 reveals the third consecutive monthly fall in daily production, halving output at Wressle and another record high for onshore flaring
Key parts of government plans to crack down on protest were blocked in the House of Lords yesterday.
Plans by Cuadrilla for a two-year delay in restoring its controversial fracking site near Blackpool were published today.
The prime minister has created a new department for energy security and net zero.
The gas network could accept potential supplies from UKOG’s proposed site in Surrey, the company said today.
The operator of the UK’s newest producing onshore oil site, is considering a gas prospect in North Yorkshire.
People living in Blackpool and nearby villages reported an earthquake at 7.36pm on Friday.
Keep up to date with February 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
The industry regulator has given UK Oil & Gas plc more time to drill a gas well near the village of Dunsfold in Surrey, the company has announced.