IGas declared a pre-tax loss of £59.1m for 2019 in its group annual results published today. This was up from £25.1m in 2018.
The UK energy minister said this evening that fracking was over and the government had “moved on”.
The trial of 12 anti-fracking campaigners who parked a caravan in front of Cuadrilla’s shale gas site has been abandoned.
More than a third of damage reports following the UK’s strongest fracking-induced earthquake in Lancashire last year were from one town, according to data released this week.
The shale gas company, Cuadrilla Resources, is looking at conventional oil and gas opportunities in the UK after predicting no fracking this year.
Opposition to fracking has reached a record high of 45%, according to a quarterly government survey of public attitudes.
Complex geology in one of the UK’s leading shale gas regions places a major constraint on exploration and production, scientists have concluded.
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.
Opponents of the Horse Hill oil site near Gatwick airport are seeking to overturn the decision of a High Court judge.
Planning approval at an onshore drilling site in Surrey did not need to take into account the climate effects of burning produced oil, a High Court judge ruled this morning.