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Fracking

  • UK’s last fracking wells to be filled with cement despite dwindling gas stocks

    Business

    The UK’s last fracking wells are set to be closed and filled with cement despite warnings that Britain’s gas stockpiles are dwindling. In an open letter, the North Sea Transition Authority regulator told the energy firm Cuadrilla to plug the two wells at Preston New Road in Lancashire before decommissioning them by 30th June 2025. [...]

    Photo of the Cuadrilla hydraulic fracturing site at Preston New Road shale gas exploration site in Lancashire.
  • Barclays under fire from shareholders on fracking funding

    ESG

    Barclays has come under fire from its shareholders, including the Local Authority Pension Fund Forum (LAPFF), for providing financial support to fracking companies.

    There has been a moratorium on fracking in England since 2019 because of earthquakes caused by the method.

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