CCC warns of climate risk to investment in fracking
The government’s climate advisor has warned about the risks of investing in fracking.
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.
UPDATED: COP26 host city criticised for fossil fuel investment policy
The city that will host an international climate conference later this year, will invest hundreds of millions of pounds in fossil fuels indefinitely under a new policy, environmental campaigners said today.
£9.9 billion still invested in fossil fuels by local government pension funds
Billions of pounds remain invested in fossil fuels through local government pension funds, even though three-quarters of councils have declared a climate emergency, a new report reveals.
UK shale gas could wipe out imports – upgraded industry estimates
The UK shale gas industry has upgraded production estimates by more than 70% following early results from two sites.
September 2018 drilling headlines
September 2018 is expected to see the first UK high volume hydraulic fracturing for seven years when Cuadrilla fracks its first horizontal well in Lancashire. Also this month decisions are due on oil and shale gas sites and protest injunctions.
UK councils invest £9bn of pension funds in fracking companies – new research
Data released today suggests that UK councils have invested more than £9 billion from staff pension funds in fracking companies, despite opposition to the process.
UKOG confirms fundraising
The Weald-based exploration company, UK Oil and Gas Investments Plc, announced today it was considering raising funds.
Head of Cuadrilla investor steps down
The chief executive of one of Cuadrilla’s major investors resigned unexpectedly this week. Allan Campbell has led the Australian mining contractor, AJ Lucas, since 1995. The company has a 43.7% stake in Cuadrilla and a direct investment of 25 per cent in each of Cuadrilla’s operations in the […]
DRILL OR DROP? 