UK fracking industry offers fixed gas price “to cut bills”
The organisation representing the UK shale industry has offered to fix gas prices to industry, transport and homes.
Company rejects MP’s opposition to consent for Dunsfold gas drilling
The company behind gas exploration near the Surrey village of Dunsfold has complained to the local MP, Jeremy Hunt, about his comments that it would cause “enormous damage and disruption”.
Updated: UKOG reveals gas storage plans for Dorset
UK Oil & Gas plc has unveiled plans for hydrogen storage and generation at a former naval harbour at Portland in Dorset.
Views sought on green energy plans for ex-fracking site
Residents and businesses in the Ryedale area of North Yorkshire are being asked what they think about producing geothermal energy from old gas wells, including one once earmarked for fracking.
Wressle oil helps lift Union Jack revenues by 1000%+ in 2021 – accounts
The leading partner in the Wressle oil site has reported an increase in revenues of 1099% in 2021, compared with the year before.
What MPs said about the Queen’s Speech
MPs debated the Queen’s Speech this week, which included measures which ministers said would curb protest and promote energy security. DrillOrDrop has compiled a selection of Westminster comments on these issues.
May 2022 headlines
Keep up to date with May 2022’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Fracking is “quite disruptive, may need thousands of wells and can take a long time” – government minister
An energy minister has rejected industry suggestions that it can produce fracked gas within 18 months.
Updated: Increased prices and production turn loss to profit for Egdon Resources
The operator of the Wressle oil field in North Lincolnshire reported a 500% increase in oil and gas revenues in its latest interim accounts today.
Updated: Ineos offers UK fracking test site
Ineos has offered to develop a fracking test site in the UK.
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