Losses widen at Ineos shale company
Ineos Upstream, the company holding the largest number of shale gas licences in England, declared a loss of £3.679m in 2021. This was up more than 60% on the loss of £2.279m the year before.
Ineos Upstream, the company holding the largest number of shale gas licences in England, declared a loss of £3.679m in 2021. This was up more than 60% on the loss of £2.279m the year before.
IGas has confirmed that restoration is now underway at its first shale gas site in the East Midlands.
An onshore oil and gas licence in southern England moved into its production phase this week. But the operator has not yet drilled a well in the area that has been proved to be successful.
Britain’s biggest shale gas company told officials it needed more time to carry out agreed work on a drilling licence in Greater Manchester.
The UK’s biggest shale gas licence-holder has accused the government of “shutting down shale by the backdoor” with rules on fracking-induced earth tremors.
Summary of recent activity and expected operations at key sites, including applications, decisions, company plans and licence changes.
Ineos Upstream has appealed over the refusal of permission to drill for shale gas at Woodsetts in south Yorkshire.
A Nottinghamshire man accused of interfering with equipment used to explore for shale gas has been found not guilty of offences under the Computer Misuse Act.
A resident of the South Yorkshire village of Harthill has taken the first step in an attempt to overturn the planning permission for Ineos’s local shale gas scheme.
The UK’s biggest shale gas licence-holder declared a loss of more than £10m for 2017.