UK tax benefits boost finances of Cuadrilla’s Australian owner
The Australian mining company that owns Cuadrilla is back in profit, partly thanks to benefits from the UK tax system.
The Australian mining company that owns Cuadrilla is back in profit, partly thanks to benefits from the UK tax system.
Stuart Haszeldine, Professor of Geology at the University of Edinburgh, reviews new research on fracking-induced earthquakes, released yesterday by the Oil & Gas Authority. The studies analysed hydraulic fracturing at Cuadrilla’s Preston New Road shale gas site near Blackpool and concluded that induced seismicity was difficult to predict […]
The fracking company, Cuadrilla, has left its headquarters in Lancashire after nearly five years and moved to serviced offices near Manchester Airport.
Opponents of fracking have used the first anniversary of the moratorium on fracking in England to call for the shale gas industry to give up.
On the first anniversary of the moratorium on fracking, shale gas industry proposals to deal with earthquakes have been dismissed as “insufficient”.
The would-be shale gas company, Aurora Energy Resources, has withdrawn its planning application to frack near Formby in Lancashire.
The life of a suspended gas well, described by its operator as dry, was extended today by councillors in Lancashire.
Cuadrilla should be allowed to keep its long-standing Elswick gas production site, Lancashire planners said today, even though there’s been no extraction for more than seven years.
Centrica is giving up its stake in Cuadrilla’s shale gas licence in the Fylde near Blackpool.