A former champion boxer has backed a group seeking to take control of the company that owns more than half of Rathlin Energy’s onshore oil and gas operations.
Cuadrilla’s Australian owner has condemned the reinstatement of the moratorium on fracking in England as a betrayal of the shale gas industry.
Ineos Upstream, the company holding the largest number of shale gas licences in England, declared a loss of £3.679m in 2021. This was up more than 60% on the loss of £2.279m the year before.
The constituencies of senior members of the cabinet will be untouched by fracking. But key red wall seats taken by the Conservatives from Labour in 2019, often with small majorities, are in shale gas areas.
One of the investors in the Wressle oil field in North Lincolnshire is lending £1m to another.
The East Yorkshire based oil and gas firm, Rathlin Energy, has said climate change will not affect its future operations.
The company behind plans to explore for gas near a Surrey village has threatened to sue a senior local councillor for libel.
UK Oil & Gas has revealed that it has given up its licence to explore for hydrocarbons on the Isle of Wight.
The operator of the Wressle oil field in North Lincolnshire reported a 500% increase in oil and gas revenues in its latest interim accounts today.
Environmental campaigners have criticised the decision to allow more time to develop the controversial Cambo oil field, west of Shetland.