Don’t bail out fossil fuels in Covid recovery – UK Climate Assembly members
The UK’s Climate Assembly has said government plans for economic recovery from the coronavirus outbreak should also help achieve net zero carbon emissions.
Tremors, protests, challenges – eight years of UK fracking
As the government announces a second moratorium on fracking because of earth tremor risks, DrillOrDrop looks back at key events in the past eight years. Please let us know about any important headlines we have missed.
£10m loss for Ineos shale gas company in 2017
The UK’s biggest shale gas licence-holder declared a loss of more than £10m for 2017.
Fracking firm Third Energy records loss of £3.4m in delayed 2016 accounts
The company behind plans to frack at Kirby Misperton in North Yorkshire released its long-awaited 2016 accounts this morning, declaring a loss of £3.405m.
Industry calls for lifting of Scottish fracking moratorium
The industry organisation, UK Onshore Oil and Gas, has urged the Scottish government to lift the moratorium on hydraulic fracturing.
Third Energy records loss of £3.8m in 2015
Third Energy UK Gas Limited – the company behind fracking plans at Kirby Misperton in North Yorkshire – made a loss of £3.854m in 2015.
Guest Post: It’s time for the UK to Fraxit
Guest post by Peter Strachan and Alex Russell On Tuesday the US Environmental Protection Agency released its study concluding that hydraulic fracturing can impact drinking water at each stage in the shale gas production process. In this guest post, professors Peter Strachan and Alex Russell assess the case […]
Updated: Weald oil production could generate £52bn over 40 years – but thousands of wells needed
Oil production in the Weald in southern England could generate around £52 billion over 40 years, according to forecasts published today by EY.
Oil in the Surrey Hills could raise £86m in tax, Europa tells inquiry
The public inquiry into plans to drill in the Surrey Hills heard this morning about the estimated volume and value of oil.
Shale gas supply companies could generate £1.35b in taxes, industry claims
Small companies servicing a UK shale gas industry could generate more than £1.35 billion in tax receipts, according to industry figures released today.
