Tuesday, November 5, 2024

Cuadrilla Resources News

First Gas from Cuadrilla Fracking Site in Britain

The energy company Cuadrilla Resources has produced first gas from its fracking site in Lancashire in northwest England, after it began fracking operations there just over two weeks ago.The energy company said it has started to see natural gas flow at the Preston New Road exploration well.

UK Mulls plan to pay Households affected by Fracking

Some tax proceeds from shale gas developments in Britain could be given directly to residents, Prime Minister Theresa May said on Sunday, in a bid to help clear the path for an industry hampered for years by local opposition to fracking. Britain is estimated to have substantial…

Brexit Could Provide Boost for Britain's Shale Gas

Britain's shale gas industry could get a helping hand from a falling pound and a supportive new prime minister just as it is gearing up for its first production this year, after facing economic and political challenges that slowed its start. The British pound's weakness since the Brexit vote has made it more expensive to import gas…

UK Struggles With Shale Gas Laws

British PM Cameron says still wants shale gas to go ahead; government, industry have met to discuss shale gas. Pressure is mounting on Britain's pro-shale government to make changes to the planning system after local politicians rejected two projects that could have become Britain's first shale gas producing wells.

UK Delivers Blow to Local Shale Project

British local government officials rejected a shale gas project in northwest England on Monday, dealing a blow to Britain's shale gas sector that is supported by Prime Minister David Cameron's government. Officials at Lancashire County Council spurned a shale gas planning application lodged by Cuadrilla Resources…

British Officials Reject Key Shale Gas Fracking Application

British officials on Thursday rejected a Cuadrilla Resources application for shale gas fracking in northwest England, a landmark decision that is likely to deter potential investors in Britain's nascent shale gas industry. The company's project at Roseacre Wood near Blackpool could have become one of Britain's first shale gas production sites…

Britain's New Government to Kick-Start Shale

Britain's new Conservative government could take control of planning decisions to speed up the development of shale gas and prevent investor money from drying up, lawyers say. Britain is estimated to have enough shale gas trapped below its surface to meet its gas needs for decades.

UK Shale Gas Firm Cuadrilla Appoints New Chairman

British shale gas company Cuadrilla Resources has appointed board member Roy Franklin as chairman with immediate effect, the firm said on Wednesday. Franklin will replace former BP boss John Browne who is now chairman of LetterOne, the investment vehicle owned by Russian billionnaire…

Cuadrilla, Geothermal Firm Eye Renewable Heat From Oil, Gas Wells

Britain's Geothermal Engineering Ltd (GEL) has signed an agreement with shale gas firm Cuadrilla Resources to explore the feasibility of producing geothermal renewable heat from used oil and gas wells, the firm said on Friday. The two companies have signed a memorandum of understanding…

UK Environment Agency Likely To Grant Cuadrilla Permits

Photo courtesy of Cuadrilla

Britain's Environment Agency said on Monday it would likely approve environmental permits for shale gas firm Cuadrilla Resources at a site in northwest England. The approval, which is pending a second-stage consultation during which the public can comment on the agency's draft permits…

UK Council Rejects Fracking Proposal

A plan by London-based oil and gas exploration firm Celtique Energie to drill for shale gas in southern England failed to win county government approval on Tuesday, the latest in a series of setbacks to Britain's fledgling shale industry. Citing concerns about noise and the impact on the environment…