Centrica pulls out of Cuadrilla’s Lancashire shale gas licence
Centrica is giving up its stake in Cuadrilla’s shale gas licence in the Fylde near Blackpool.
Centrica is giving up its stake in Cuadrilla’s shale gas licence in the Fylde near Blackpool.
The owner of the fracking firm Cuadrilla predicted today that England’s moratorium on hydraulic fracturing would be lifted – but not before 2021.
Operators of a third of the UK’s newest onshore shale gas licences have been given more time for exploration.
Official documents confirm that an Ineos company has been awarded permits to drill the Texas shale.
With the government announcement last week to postpone its decision on plans at IGas’s Ellesmere Port site in Cheshire, a member of Frack Free Upton reflects on, and celebrates, the local campaign against the onshore gas industry.
Losses in IGas more than doubled in 2019 to more than £50m as the company turned its back on shale exploration in north west England, annual accounts have revealed.
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The shale gas company, Cuadrilla, wants more time at its gas production site at Elswick in Lancashire.
The moratorium on fracking, along with planning delays and weak commodity prices are a challenge for the future, Egdon Resources has concluded
Cuadrilla’s leading investor, AJ Lucas, has failed to raise its target in a recent share offer.