Centrica payment puts Cuadrilla in profit
The shale gas company, Cuadrilla, has recorded an annual profit for the first time following a multi-million dollar payment from partner, Centrica.
The shale gas company, Cuadrilla, has recorded an annual profit for the first time following a multi-million dollar payment from partner, Centrica.
Cuadrilla said this morning more than 240 households living near its Preston New Road shale gas site near Blackpool have received a share of a £100,000 community benefit payment.
Councillors in Gloucestershire have supported a motion repeating their opposition to fracking in the county. They also condemned individual payments to people in fracking areas and calling for a review of Government policy on the issue.
A Lancashire opponent of shale gas exploration set off this morning on a 230 mile walk to London, in his words, to “openly bribe” Theresa May not to frack his home.
A shale gas company is offering £200 to selected residents in the area around north Nottinghamshire who allow access to their gardens for seismic surveying in preparation for fracking.
A company which supports the shale industry has proposed that proceeds from fracking should be used to makes homes more energy efficient and to pay for household renewable energy schemes.
The Prime Minister has intervened in proposals for a shale wealth fund to include an option to make direct payments to people affected by fracking.
A member on Cheshire West and Chester Council is calling for a local referendum on plans by INEOS to frack for shale gas in her area.
People living near proposed shale gas exploration sites have raised concerns over whether their communities will receive payments promised by the industry.