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.
Legal papers were submitted this morning in a challenge against the shale gas regulator about who should pay for decommissioning sites.
A campaigner from North Yorkshire is seeking to raise £10,000 to take the oil and gas regulator to court over who pays for decommissioning.
The company behind plans to frack in North Yorkshire has told community representatives it is now concentrating on its conventional gas business.
Anti-fracking campaigner Helen Chuntso reports on an investigation into the sale of Third Energy’s onshore gas business. She examines the importance of the deal for funding decommissioning – an issue now attracting cross-party political attention.
Third Energy Holdings Limited has announced it has sold its troubled onshore gas business, which includes well sites in North Yorkshire.