Reabold takeover of Union Jack agreed
Reabold Resources announced this afternoon it had reached agreement on the takeover of Union Jack Oil.
Reabold Resources announced this afternoon it had reached agreement on the takeover of Union Jack Oil.
A four-year-old company is to outline plans to the public next week on extracting billions of cubic feet of gas in a remote and sensitive part of the North York Moors.
The government committed in today’s King’s Speech to a permanent ban on fracking – but there’s no still detail on which operations would be included.
Cuadrilla has announced two of its subsidiaries are to cease trading.
Fracking for UK onshore oil and gas hit the headlines again during 2025.
The energy department was questioned in parliament yesterday on the legal definition of fracking.
No new onshore oil and gas licences will be issued in England, the government announced today. The news followed a speech to the Labour conference in which the energy secretary confirmed his commitment to ban fracking.
The fracking firm, Cuadrilla Resources Limited, has received a cash sum of £12.5m after resolving a commercial dispute.
The government has defended plans to end the issuing of new onshore oil and gas licences in England.
Ambitious claims about potential production from a shale gas discovery in Lincolnshire have been described as “so misleading as to be ridiculous”.