Centrica payment puts Cuadrilla in profit
The shale gas company, Cuadrilla, has recorded an annual profit for the first time following a multi-million dollar payment from partner, Centrica.
The shale gas company, Cuadrilla, has recorded an annual profit for the first time following a multi-million dollar payment from partner, Centrica.
Angus Energy has said the Oil & Gas Authority has approved its application to operate the Balcombe exploration licence, taking over from Cuadrilla.
The media regulator, Ofcom, has not upheld a complaint by Angus Energy about a BBC report on a sidetrack oil well drilled at Brockham in Surrey.
Cuadrilla has applied for permission to store and handle oil at its exploration well site at Balcombe in West Sussex.
Councillors have objected to planning applications at oil sites near Leith Hill and at Brockham in Surrey.
Councillors in West Sussex have given consent for another 10 years of oil production at Angus Energy’s oil site at Lidsey, near Bognor Regis.
Ministers said last week they were doing everything they could to promote UK onshore oil and gas production. But that’s not how it looked to the industry speaking to investors at the weekend.
In this week’s listings: North West Week in the United Resistance campaign; Second week of evidence at the Roseacre Wood public inquiry – Roseacre Awareness Group and public statements; Drop-in sessions for Derbyshire Minerals Plan consultation; Bolsover Against Fracking public meeting; UK Investor Show; Plus meetings, fundraisers and consultation deadline.
Angus Energy announced this morning it was producing more than 200 barrels of oil a day, mainly from its site at Lidsey in West Sussex.
Regulations covering oil and gas developments are confusing and misleading and there are discrepancies between different agencies, a senior Surrey planner has said.