Investor backs Cuadrilla over fracking moratorium
Cuadrilla’s Australian investor has said it continues to give the shale gas company its “full support” in the face of a moratorium on fracking announced two days ago.
Reabold outlines drilling plans at second West Newton site in early 2020
An exploration company has told investors about plans to drill next year at a second site at West Newton in East Yorkshire.
Residents question whether UKOG is trying to dupe council planners over Horse Hill drilling plans
Unexpected changes to drilling at the Horse Hill oil site near Gatwick have surprised residents and raised concerns about planning consent.
Opposition to fracking targets large investors in shale gas exploration
The anti-fracking network, Reclaim the Power, is focusing its opposition next week on companies that finance shale gas exploration.
Council confirms Angus oil production scheme at Brockham does not have planning permission
Surrey County Council is standing by its position that Angus Energy does not have planning permission for oil production from a well at its Brockham site, despite an announcement of “final go-ahead” this morning.
IGas talks to potential investor ahead of predicted breach of commitments
IGas said this morning it was having talks with a “potential strategic investor” as it headed towards a predicted failure to meet financial obligations.
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 […]
