“Uncertainty” over Cuadrilla’s finances
There is “material uncertainty” over the finances of companies in the Cuadrilla oil and gas group, annual accounts have revealed.
There is “material uncertainty” over the finances of companies in the Cuadrilla oil and gas group, annual accounts have revealed.
The organisation representing the UK shale industry has offered to fix gas prices to industry, transport and homes.
The shale gas company, Cuadrilla, announced this afternoon it had applied to the government for consent to frack its second horizontal well at its Preston New Road site near Blackpool.
The shale gas company, Cuadrilla, has recorded an annual profit for the first time following a multi-million dollar payment from partner, Centrica.
Cuadrilla has accused some of the opponents of its shale gas operations in Lancashire of “irresponsible and intimidating behaviour”.
A second shale gas site has come a step closer in north Nottinghamshire.
In this Fracking Week in Westminster only one reference to shale and onshore oil and gas: Lord Lawson describes the Lancashire refusal of Cuadrilla’s planning application for fracking as “deplorable” – and Government minister, Baroness Williams, agrees.
Three key areas account for most of the first new onshore licences to explore for oil and gas announced today by the government. Of the 27 unveiled at lunchtime, eight are in Lincolnshire, nine in Nottinghamshire/Derbyshire, and four between Sheffield and Leeds.
Creating a supply hub for the shale gas industry could generate £30bn and create 13,150 jobs at its peak, according to a new report published today. But Peel Gas & Oil, which commissioned the report, warned that if the UK took too long to establish the industry investors […]
19/2/14 Development of a UK fracking industry could be threatened by uncertainty about the planning and approvals process, according to the Poyry consulting group. A report published by the company this week warned that investment in shale gas could be deterred because it was unclear whether the UK […]