Losses widen at Ineos shale company
Ineos Upstream, the company holding the largest number of shale gas licences in England, declared a loss of £3.679m in 2021. This was up more than 60% on the loss of £2.279m the year before.
Ineos Upstream, the company holding the largest number of shale gas licences in England, declared a loss of £3.679m in 2021. This was up more than 60% on the loss of £2.279m the year before.
Councillors in East Yorkshire are to debate opposing fracking in the county.
The oil production site on cliffs at Kimmeridge bay in Dorset has installed a flare to burn waste gas – despite being ordered three years ago to use the gas to generate electricity.
Any commercial gas production at West Newton in East Yorkshire is about four years away, companies behind the plans revealed this morning.
Some politicians, campaign groups and residents have reacted with anger at the official lifting of the moratorium on fracking in England. But two leading shale gas companies have welcomed today’s announcement.
Conservative MPs in shale gas areas have reacted angrily to the announcement by Jacob Rees-Mogg, that the moratorium on fracking had been lifted.
Forecasting earthquakes caused by fracking is still “a scientific challenge”, the British Geological Survey (BGS) said in a report published today.
The UK government formally lifted the moratorium on fracking in England this morning.
The constituencies of senior members of the cabinet will be untouched by fracking. But key red wall seats taken by the Conservatives from Labour in 2019, often with small majorities, are in shale gas areas.
Carbon emissions from UK oil and gas production fell by more than a fifth from 2018-21, the industry regulator said in a report published today. But the sector is not on course to meet its emissions reduction target in 2030 and carbon pollution per gallon of oil actually […]