Egdon reports 530% increase in oil and gas revenues
The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.
The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.
“This is not the moment to abandon the campaign for net zero”, the former UK prime minister, Boris Johnson, told the opening day of the COP27 climate talks in Egypt.
Three years ago today, the government formally confirmed a moratorium on fracking in England.
Anti-fracking groups in Lancashire are calling on the government and regulators to order the permanent plugging and abandonment of wells at Cuadrilla’s Preston New Road shale gas site.
The shale gas lobbying organisation has accused the government of dealing in “ideology and fiction” by reinstating the moratorium on fracking.
The new business secretary has formally reinstated the moratorium on fracking in England.
Anti-fracking groups have welcomed confirmation from Downing Street that Rishi Sunak will reimpose the moratorium in England.
Rishi Sunak has hinted that the moratorium on fracking for shale gas in England will be reinstated.
The business secretary, Jacob Rees-Mogg, who announced a lifting for the fracking moratorium last month, has resigned, as the new prime minister began forming his cabinet.
The new prime minister has said he will deliver on the promises in the 2019 Conservative election manifesto.