Europa Oil & Gas, one of the main investors in oil production plans at Wressle, announced today it had cut salaries and cancelled non-core contracts because of the coronavirus outbreak and oil price falls.
The Home Office has reimbursed another £1.28m to Lancashire Constabulary for the costs of policing Cuadrilla’s fracking site at Preston New Road.
Union Jack Oil plc has raised £5m to press ahead with drilling plans at West Newton in East Yorkshire, the company announced this morning.
A cross-party group of Scottish politicians has called on the Scottish Parliament to end its investment in fossil fuels.
A cross-party group of 200 current and former MPs has called for the parliamentary pension fund to stop investing in fossil fuel companies.
September 2018 is expected to see the first UK high volume hydraulic fracturing for seven years when Cuadrilla fracks its first horizontal well in Lancashire. Also this month decisions are due on oil and shale gas sites and protest injunctions.
Data released today suggests that UK councils have invested more than £9 billion from staff pension funds in fracking companies, despite opposition to the process.
Updated 13 November 2017 with reaction to the shale wealth fund proposals Communities should have greater control of the decisions that affect them, the government said today in its response to a consultation on the proposed shale wealth fund.
People living within 1.5km of Cuadrilla’s shale gas site in Lancashire are to share a £100,000 community benefit fund, the company confirmed today.
People living in villages around Third Energy’s Kirby Misperton site are to be surveyed next month on how they think a fracking fund should be spent.
DRILL OR DROP? 