Cuadrilla cuts value of oil and gas assets
The only company to frack horizontal shale gas wells onshore in the UK has cut the value of its exploration assets.
The only company to frack horizontal shale gas wells onshore in the UK has cut the value of its exploration assets.
The former energy minister, Chris Skidmore, has resigned over new legislation to offer more offshore oil and gas licences, prompting another by-election.
DrillOrDrop’s review of the latest UK onshore production data, for April 2023, reveals a big drop in monthly production from the largest field at Wytch Farm. This cut the UK’s total monthly onshore oil volumes by more than half.
Councillors in East Yorkshire voted unanimously this afternoon for a review of pension fund investments away from fossil fuels
Routine flaring on oil and gas fields should be banned by 2025, a review of the government’s net zero strategy has concluded.
Ministers have refused a request to overturn planning permission for expansion and long-term production at a Rathlin Energy oil and gas site in East Yorkshire.
Keep up to date with December 2022’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Forecasting earthquakes caused by fracking is still “a scientific challenge”, the British Geological Survey (BGS) said in a report published today.
The UK government formally lifted the moratorium on fracking in England this morning.
The government will publish the review of scientific evidence on fracking and decide on the next steps “in due course”, the energy minister Greg Hands said this week.