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.
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 […]
IGas has announced it will not appeal against the recent refusal of planning permission at its shale gas site in Misson, Nottinghamshire. The wellpad will now be restored.
IGas has confirmed it has relinquished the Tinker Lane shale gas licence in Nottinghamshire and written off £10m in exploration costs. But the company said it was continuing to work with regulators and government to end the moratorium on fracking in England.
DrillOrDrop’s diary of events in autumn 2021 affecting the UK onshore oil and gas industry and campaigns about it.
The lives of many people in the village of Misson in north Nottinghamshire have been blighted by shale gas since 2014, the parish council has said.
DrillOrDrop reviews what might happen in 2021 to UK onshore fracking and other oil and gas developments.
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.
The moratorium on fracking, along with planning delays and weak commodity prices are a challenge for the future, Egdon Resources has concluded
The number of onshore oil and gas wells drilled in the UK in 2019 was up slightly on 2018, which was a 68-year low for the industry. This year, operators spudded (began drilling) four, or possibly five wells, depending on how you count your wells.