August 2023 headlines
Keep up to date with August 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
No damages for fracking industry over reinstatement of moratorium, despite threat of “mammoth legal challenge”
Government departments paid no compensation to UK shale gas companies over the restoration of the fracking moratorium, even though the industry warned of a multi-million pound court action.
IGas cuts value of shale assets and opts not to sue government over fracking moratorium
One of the UK’s leading would-be fracking companies appears to be turning away from shale gas.
WI joins celebrities and campaigners to reject Rosebank oilfield
More than 200 organisations, including the Women’s Institute, have joined celebrities and climate campaigners to oppose plans to develop the Rosebank oilfield off Shetland.
Cuadrilla owner takes $157m hit from fracking moratorium
The Australian mining group that owns Cuadrilla has cut the value of its UK shale gas assets by more than $157m following the reinstatement of the moratorium on fracking in England.
Judges dismiss challenge to $1.15bn UK investment in Mozambique gas scheme
The Court of Appeal has rejected a legal challenge to UK government investment of $1.15bn in a liquified natural gas project in Mozambique.
Review of 2022: the year fracking was off, on, then off again
Fracking in England in 2022 was tied to the fate of the three prime ministers who held office during the year.
COP27: Renewables are “insurance against energy dependency” – Rishi Sunak
UK prime minister Rishi Sunak was criticised today for his government’s plans to expand North Sea oil and gas extraction, while promoting renewable energy at the COP27 climate talks.
Fracking moratorium – a timeline
Three years ago today, the government formally confirmed a moratorium on fracking in England.
Cuadrilla’s fracking site should be abandoned – campaigners
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.
DRILL OR DROP? 