The UK’s largest producing onshore oil producer lost more than £100m last year, according to company accounts.
Angus Energy has raised a £1.5m loan facility to pay for the costs of decommissioning oil and gas wells.
The government is being urged to change the law to protect people whose property is damaged by fracking.
Initial assessments of damage caused by the UK’s largest fracking-induced earth tremor were made by staff from the Cuadrilla’s headquarters, not professional surveyors or insurance experts.
Landowners are demanding speedy action from the government about who should deal with the consequences if something goes wrong with fracking.
Guest Post by Joanne Hawkins Regulation is a central issue in the shale gas debate. Yet, it has received very little in depth attention, with many reports and political statements assuming the presence of a ‘robust regulatory system.’ In this guest post, Joanne Hawkins discusses some of the […]
This week the Infrastructure Bill, with its clauses on fracking, became an act. Click here for our report on the House of Lords debate on fracking amendments, the final House of Commons vote and details on what’s in the bill and reaction During the week, there were also reples […]
The offer to landowners of royalties from shale oil and gas drilling – described as a “game-changer” for fracking – does nothing to address concerns about liability, the Country Land and Business Association said today.
A month ago today, on Thursday July 25th, Cuadrilla began moving equipment onto its exploratory drilling site near Balcombe in West Sussex. Anti-fracking campaigners gathered outside the gates and successfully stopped lorries getting into the site. By 11am, campaigners had established a camp on the verge alongside and vowed […]