Horse Hill operator declares £17.8m loss
The operator of the Horse Hill oil site in Surrey lost nearly £18m in the year to September 2020 –a more than 15-fold increase on the year before.
The operator of the Horse Hill oil site in Surrey lost nearly £18m in the year to September 2020 –a more than 15-fold increase on the year before.
The Australian mining company that owns Cuadrilla is back in profit, partly thanks to benefits from the UK tax system.
The UK’s biggest shale gas licence-holder declared a loss of more than £10m for 2017.
The shale gas company, Cuadrilla, has recorded an annual profit for the first time following a multi-million dollar payment from partner, Centrica.