Cuadrilla owner takes $157m hit from fracking moratorium
The Australian mining group that owns Cuadrilla has cut the value of its UK shale gas assets by more than $157m following the reinstatement of the moratorium on fracking in England.
The Australian mining group that owns Cuadrilla has cut the value of its UK shale gas assets by more than $157m following the reinstatement of the moratorium on fracking in England.
DrillOrDrop’s review of the latest UK onshore oil data for November 2022 reveals the third consecutive monthly fall in daily production, halving output at Wressle and another record high for onshore flaring
Plans by Cuadrilla for a two-year delay in restoring its controversial fracking site near Blackpool were published today.
The gas network could accept potential supplies from UKOG’s proposed site in Surrey, the company said today.
The operator of the UK’s newest producing onshore oil site, is considering a gas prospect in North Yorkshire.
Keep up to date with February 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
The industry regulator has given UK Oil & Gas plc more time to drill a gas well near the village of Dunsfold in Surrey, the company has announced.
DrillOrDrop’s diary of events in spring 2023 involving the UK onshore oil and gas industry and campaigns about it.
The UK needs to kick its dependence on fossil fuels by dropping plans for new oil and gas licences and the new coal mine in Cumbria, Friends of the Earth said this morning.
Routine flaring on oil and gas fields should be banned by 2025, a review of the government’s net zero strategy has concluded.