Losses widen at Ineos shale company
Ineos Upstream, the company holding the largest number of shale gas licences in England, declared a loss of £3.679m in 2021. This was up more than 60% on the loss of £2.279m the year before.
Ineos Upstream, the company holding the largest number of shale gas licences in England, declared a loss of £3.679m in 2021. This was up more than 60% on the loss of £2.279m the year before.
DrillOrDrop’s diary of events in autumn and winter 2022 involving the UK onshore oil and gas industry and campaigns about it.
Fracking opponents have warned of a “huge backlash” if the government agrees to industry demands for new rules to make shale gas production quicker and easier.
As the new prime minister takes office, one of the biggest immediate challenges will be the UK’s energy crisis, with soaring bills and the threat of rationing this winter. Some see onshore shale gas as part of the solution. But given shale’s record over the past decade, can […]
Cuadrilla will not need to submit a detailed environmental statement when it applies to extend the life of its mothballed fracking site at Preston New Road, near Blackpool.
The Conservative leadership challenger, Liz Truss, has suggested that the moratorium on fracking in England should be lifted and decisions left to local people.
Keep up to date with July 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.
The organisation representing the UK shale industry has offered to fix gas prices to industry, transport and homes.
Ineos has offered to develop a fracking test site in the UK.
IGas has estimated it could produce fracked gas for three million homes within 12-18 months if the fracking moratorium was lifted.