The falling value of the Gatwick Gusher
The Gatwick Gusher oil well, once said to be of national significance, has been downgraded in value for the third time by its owner.
The Gatwick Gusher oil well, once said to be of national significance, has been downgraded in value for the third time by its owner.
One of the UK’s leading would-be fracking companies appears to be turning away from shale gas.
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.