Rathlin Energy’s £33.9m debt “casts doubt” over company viability – accounts
The exploration company, Rathlin Energy, owed nearly £34m, according to annual accounts published yesterday (7 November 2018).
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.
Restoration of Wressle oil site not “commercially-viable” while new production plans are pending – Egdon
Investment by Egdon Resources in its oil site near Scunthorpe should be considered when deciding whether to extend planning permission, council planners will argue next week.
Birthday honours for fracking opponent and supporter
People at opposite ends of the fracking debate have received leading honours in the Queen’s birthday list, announced today.
UKOG releases oil resource estimates as it considers change in company status
UKOG announced today it was considering changing its status from an investment company on the AIM junior stock exchange.
Researchers debate ideas for £8m study on fracking impacts
Researchers meeting in Birmingham this week are to discuss a major study which aims to update evidence on the impact of fracking.
Protest update: 29 May-4 June 2017
In this week’s update: Demonstrations against Church of England investment in fossil fuels Lock-on protests in Chesterfield and Preston New Road European anti-fracking campaigners join rally outside Cuadrilla’s site Petition with thousands of names against unconventional oil and gas delivered to the Scottish Parliament Opponents of drilling in […]
IGas in talks with bondholder Trans European Oil & Gas and new investors
IGas confirmed this morning it was having discussions with Trans European Oil & Gas, thought to be a leading holder of its secured debt.
Local people have first call on shale wealth fund, says government, as consultation opens
People have 11 weeks to comment on government proposals for payments from a shale wealth fund in a consultation which opened today.
Shale industry meets for Liverpool conference
Leading figures from the industry seeking to explore for shale gas are gathering in Liverpool this week for a two-day conference.
DRILL OR DROP? 