A government fund to help English councils deal with shale gas planning applications appears to have paid out just 20% of what was available.
A government department “worked with” Barclays on the “orderly disposal” of the troubled fracking company, Third Energy, ministerial correspondence has revealed.
The gas production company, Third Energy, formerly owned by Barclays, has been released from a loan of more than £80m, according to its accounts.
Third Energy, the company behind plans to frack in North Yorkshire, has announced it now has no immediate shale gas plans.
DrillOrDrop’s round-up of the possible action on UK fracking and onshore oil and gas developments in 2020.
The chief executive of Third Energy, the Yorkshire gas production company, has resigned after just five months in the job.
Legal papers were submitted this morning in a challenge against the shale gas regulator about who should pay for decommissioning sites.