Egdon Resources reported a £4.75m loss today, along with falling production and revenues.
The oil and gas producer, IGas, has said it is looking forward to making a “material contribution” to the green energy revolution.
An official order could block plans by a former fracking company to use gas wells in North Yorkshire to test alternative technologies.
A company that tried to frack in North Yorkshire three years ago says it wants to re-use old gas sites for renewable energy.
Redundant oil and gas wells could be used for geothermal energy, the would-be fracking company, IGas, said in an announcement this morning.
Government plans change to trespass rules to help fracking companies – and announces more compensation
23rd May 2014 The Government has published proposals to change the trespass laws, making access easier for fracking companies. It also announced a new compensation scheme for people affected by shale gas developments