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.
The energy minister has confirmed that a small-scale form of fracking, planned for a site in Lincolnshire, is not covered by the moratorium on hydraulic fracturing.
The number of onshore oil and gas wells drilled in the UK in 2020 fell to a 70-year low.
DrillOrDrop reviews what might happen in 2021 to UK onshore fracking and other oil and gas developments.
2020 was a frack free year in the UK because the shale gas industry failed to persuade ministers to lift blocks on the process.
The government is standing by its moratorium on fracking in England after new research concluded that induced earthquakes were hard to predict and manage.
The shale gas company, Cuadrilla Resources, has described itself as “largely non-operational” following the moratorium on fracking in England.
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”.
You can keep up with November’s news here with our digest of headlines about UK fracking, shale and onshore oil and gas, updated daily.