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Fracking

  • Energy crisis: Britain could be sitting on a second North Sea

    Opinion

    Onshore shale gas could provide cheap, abundant energy not dependent on Russian oligarchs or subject to the whims and fancies of Donald Trump. But as with so many areas, it’s being held back by of eco-zealotry, Nimbyism and an inability to simply get things done, says Emma Revell That Britain needs to solve its energy [...]

    Cuadrilla fracking site with drilling equipment and safety barriers, highlighting energy extraction operations in a rural ...
  • 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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  • As it happened: FTSE 100 falls as Iran and US clash over Strait of Hormuz; Oil stockpiles ‘rapidly depleting’

  • As it happened: Stocks jittery as oil nears $90; Trump ‘semi-negotiating’ with Iran

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