Tremors run through UK fracking industry
Cuadrilla’s UK fracking resumption has been a stop-start affair
The UK government's refusal to relax regulations on earth tremors suggests that these will continue to slow progress in the hydraulic fracturing of a British shale gas well, leaving the nascent industry's future again in the balance. Last week, a freedom of information request by Greenpeace's Unearthed publication revealed that Energy minister Claire Perry had written to the fracking firm Cuadrilla Resources after it publicly criticised the government's policy on tremors. Perry stated the current system was "fit for purpose" and the government had "no intention of altering it". Cuadrilla Resources started fracking one of two wells at its Preston New Road site in October, to assess the are
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised