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.
An exploration company has told investors about plans to drill next year at a second site at West Newton in East Yorkshire.
Unexpected changes to drilling at the Horse Hill oil site near Gatwick have surprised residents and raised concerns about planning consent.
The anti-fracking network, Reclaim the Power, is focusing its opposition next week on companies that finance shale gas exploration.
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 said this morning it was having talks with a “potential strategic investor” as it headed towards a predicted failure to meet financial obligations.
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 […]