Expansion of the Wressle oil site near Scunthorpe would result in more than one million tonnes of climate-damaging greenhouse gases, documents have revealed. But the developer, Egdon Resources, has said the proposal would not have a significant impact on climate change.
Controversial proposals by Egdon Resources to produce oil in the Lincolnshire Wolds are due to be decided by a full planning inquiry.
IGas has estimated it could produce fracked gas for three million homes within 12-18 months if the fracking moratorium was lifted.
Angus Energy – the company behind oil sites in southern England – announced today it was looking into transactions of shares held by its chairman. It also claimed oil at one of its sites was higher quality than Brent Crude.