Lancashire shale gas will take longer to exploit than expected but the potential value remains, Cuadrilla’s chief executive told an Australian business newspaper today.
Centrica is giving up its stake in Cuadrilla’s shale gas licence in the Fylde near Blackpool.
A UK onshore oil and gas company could be bought up by the investment company Metal NRG by the end of the summer.
The owner of the fracking firm Cuadrilla predicted today that England’s moratorium on hydraulic fracturing would be lifted – but not before 2021.
The shale gas company, Cuadrilla Resources, is looking at conventional oil and gas opportunities in the UK after predicting no fracking this year.
North Lincolnshire Council has paid costs of £403,000 after losing an appeal on plans for oil production at Wressle, the site operator has confirmed.
Angus Energy announced this morning it expected to submit a planning application next week for onsite gas processing at its Saltfleetby field in Lincolnshire.
Two UK onshore companies announced today they were temporarily shutting-in some sites to cut production following falling oil and gas prices
The Environment Agency has approved changes to the rules for a well test at the West Newton-A oil and gas site in East Yorkshire, partner companies reported this morning.
Some fracking for oil and gas could still go ahead, despite the government’s moratorium, a ministerial statement has indicated.