The potential cost to the public of decommissioning fracking sites is to be investigated by the government’s spending watchdog.
Investors and anti-drilling campaigners have criticised proposals by Angus Energy to use money intended for decommissioning to connect a shut-in gas field to the grid.
Who pays for clean-ups and decommissioning if an onshore operator goes bust? It’s a question that is concerning MPs and landowners. In this guest post, researcher and anti-fracking campaigner, Ben Dean, looks at the rules for decommissioning and argues for tougher controls.
An oil exploration well in one of the most sensitive parts of the country has lacked scrutiny because of legal loopholes.
The government has confirmed that no guarantor is required to underwrite Third Energy’s commitments to frack one well a year in Ryedale, North Yorkshire, until 2022.
The shale gas industry was warned today it must tackle the problem of who pays for decommissioning if the operator goes out of business.
Owners of fracking sites may be liable for the clean-up if project backers go out of business, MPs said in a report published today.