Latest fracking news

  • Cameron names ex-climate minister Rudd as energy secretary
    Cameron names ex-climate minister Rudd as energy secretary Mon, May 11, 2015

    British Prime Minister David Cameron has named Amber Rudd, one of the lesser known names from his party, as energy minister to tackle such controversial issues as government support for onshore wind farms and shale gas. Rudd, a former investment banker who previously served as parliamentary under-secretary in the Department of Energy and Climate Change for less than one year, replaces Ed Davey, a member of the Liberal Democrat Party who lost his parliamentary seat last week. More »

  • Denmark halts fracking at Total site
    Denmark halts fracking at Total site Wed, May 6, 2015

    Denmark has accused Total of using an unauthorised chemical while fracking More »

  • Greenpeace anti-fracking ad banned
    Greenpeace anti-fracking ad banned Wed, May 6, 2015

    A Greenpeace advert opposing fracking has been banned for claiming experts agreed that the process would not cut energy bills. More »

  • Where are oil prices headed? This Saudi minister says ‘only Allah knows’
    Where are oil prices headed? This Saudi minister says ‘only Allah knows’ Tue, May 5, 2015

    The commodity’s price has been bouncing all over the place. More »

  • US stocks tumble on oil prices, Greece uncertainty
    US stocks tumble on oil prices, Greece uncertainty Tue, May 5, 2015

    US stocks fell sharply Tuesday on worries about higher oil prices and a spike in tensions over the Greek debt crisis More »

  • US stocks extend gains on higher factory orders
    US stocks extend gains on higher factory orders Mon, May 4, 2015

    Wall Street stocks rose Monday as news of the first rise in US factory orders in eight months helped sustain positive momentum from last week's rally More »

  • Four parks 'suitable for fracking'
    Four parks 'suitable for fracking' Thu, Apr 30, 2015

    Most of the country's national parks are unsuitable for fracking because of their geology, a report has found. More »

  • Loons and superheroes liven up UK election
    Loons and superheroes liven up UK election Tue, Apr 28, 2015

    There's something about a British general election that brings out oddballs, loons and eccentric buffoons who dream of making it to parliament. More »

  • Dame Vivienne Westwood: Fracking is 'a crime against humanity'
    Dame Vivienne Westwood: Fracking is 'a crime against humanity' Mon, Apr 27, 2015

    British fashion designer Vivienne Westwood  took to the streets of London on Monday 27 April, cradling a "fracked baby of the future" in her latest show of opposition to hydraulic fracturing. The 74 year old, known for her environmental campaigning as well as her bold designs, held a doll covered in bloodstains and with a missing hand, which initiative Talk Fracking called a "limbless, radiation-scabbed fracked baby of the future". More »

  • Designer Westwood carries mutilated 'baby' in anti-fracking campaig … Mon, Apr 27, 2015

    British fashion designer Vivienne Westwood took to the streets of London on Monday cradling a "fracked baby of the future" in her latest show of opposition to hydraulic fracturing. The 74-year-old, known for her environmental campaigning as well as her bold designs, held a doll covered in bloodstains and with a missing hand, which campaign group Talk Fracking called a "limbless, radiation-scabbed 'Fracked Baby of the Future'". More »

  • Irish playwright embroiled in controversy over play about death of black te …
    Irish playwright embroiled in controversy over play about death of black te … Sat, Apr 25, 2015

    Actors have walked off Phelim McAleer’s “Ferguson”, a staged reading of testimony surrounding the police shooting of Michael Brown. More »

  • Officials delay shale gas decisions until after election Thu, Apr 23, 2015

    British officials have delayed decisions on whether to allow Cuadrilla to explore for shale gas at two sites in northwest England until after next month's general election. Britain is estimated to have substantial amounts of shale gas trapped in underground rocks and the national government has been supportive of developing these reserves. Local government officials in Lancashire county said on Thursday that they would defer the decisions until June 30, from a previous April 30 deadline, a move that pushes them beyond Britain's May 7 election. More »

  • Cameron and Miliband are both guilty of taking business for granted
    Cameron and Miliband are both guilty of taking business for granted Thu, Apr 23, 2015

    For an hour or two, it appeared both the major parties were comfortable talking about business and that economic growth, entrepreneurialism and wealth creation were going to be central features of the campaign. As the manifestos were published it became clear that, once again, there was a predictable lack of interest in the fortunes of Britain's 5.2 million private enterprises from our major politicians. It might be nice for politicians to pretend otherwise, but talk of economic growth, higher productivity and technological innovation can't be separated from the drivers of that progress – the innovators, entrepreneurs and businesses who create wealth. More »

  • Is Fracking Triggering Earthquakes In Texas?
    Is Fracking Triggering Earthquakes In Texas? Sun, Apr 19, 2015

    Seismologists are investigating whether a swarm of earthquakes in Texas is the result of new fracking for oil and gas. The area around the city of Irving, which had never experienced a quake before 2008, has now experienced more than a hundred. Locals suspect that hydraulic fracturing - pumping high pressure liquid into the bedrock to free oil and natural gas - or the associated process of wastewater injection is to blame. With similar quake concerns in other fracking centres like Oklahoma, plenty of potential sites will be watching the Texas study closely. More »

  • U.S. oil drilling faces slow recovery, no new highs - Schlumberger Fri, Apr 17, 2015

    An eventual recovery in U.S. oil drilling activity after the biggest slump in three decades may never reach last year’s frenzied pace, according to the world’s largest oilfield services company. The drilling recovery will likely to be slower to emerge due to a growing reserve of wells that have been drilled but not yet hydraulically fractured and increased activity in re-fracking wells that are running dry, Schlumberger Ltd Chief Executive Paal Kibsgaard said in a conference call Friday. Schlumberger expects the rebound in U.S. onshore drilling "will be pushed out in time as the inventory of uncompleted wells drilled and the refracturing market expand," Kibsgaard told analysts following the announcement of the company's earnings. The decline in oil rigs slowed this week but left their number at the lowest since 2010, Baker Hughes Inc, another oil services firm, said separately on Friday. More »

  • OPEC diplomacy up from Moscow to Caracas; action unlikely
    OPEC diplomacy up from Moscow to Caracas; action unlikely Thu, Apr 16, 2015

    By Denis Pinchuk and Alexandra Ulmer MOSCOW/CARACAS (Reuters) - Quiet diplomacy among the world's biggest oil producers has heated up this week, yet observers see few signs that renewed discussion among Russia, Saudi Arabia, Venezuela and others will lead to action on output. On Wednesday, Russia's Deputy Prime Minister Arkady Dvorkovich said Moscow has been holding "unprecedentedly active" consultations with the Organization of the Petroleum Exporting Countries and Latin American producers. The energy minister said he had spoken to OPEC's secretary general several days ago. Saudi state news agency SPA reported on Tuesday that Saudi Arabian oil minister Ali al-Naimi discussed oil markets with Russia's ambassador to Riyadh, Oleg Ozerov. More »

  • Oil Find Near Gatwick 'Clarified' By Owner
    Oil Find Near Gatwick 'Clarified' By Owner Wed, Apr 15, 2015

    The company which reported a massive upgrade to an oil find near Gatwick Airport has conceded it was not in a position to properly size it up. Last week's announcement that up to 100 billion barrels, a potentially "world-class" discovery, had been identified in the Weald Basin sparked excitement and scepticism. Shares in UK Oil & Gas Investments (UKOG) rose by more than 300% at one stage following its original statement last Thursday. More »

  • Greens Vow To Roll Back NHS Privatisation
    Greens Vow To Roll Back NHS Privatisation Tue, Apr 14, 2015

    The Green Party has pledged to end privatisation in the NHS and re-nationalise the railways in its manifesto. The party also vowed to ban fracking, stop airport expansion and halt major road schemes, while promising cash for energy efficiency measures and flood defences. Party leader Natalie Bennett told activists at the heart of the manifesto was "a vision for a fair economy". More »

  • Ex-BP Boss Browne Quits Riverstone Board
    Ex-BP Boss Browne Quits Riverstone Board Tue, Apr 14, 2015

    Lord Browne, the former BP chief executive, will on Tuesday resign from his only directorship of a UK public company as he focuses on turning a Russian-backed vehicle into a global energy giant. Sky News understands that Riverstone Energy, which is listed on the London Stock Exchange, is planning to announce Lord Browne’s departure from its board. His exit will come weeks after he agreed to become executive chairman of L1 Energy, a $10bn venture established by Mikhail Fridman and German Khan, two of the billionaire businessmen with whom BP went into partnership while Lord Browne ran Britain’s second-biggest oil company. Lord Browne’s reshuffling of his business portfolio comes as capital-rich global investors target an array of opportunities thrown up by the slump in oil prices. More »

  • Venezuela's president sees no recovery in oil prices this year Tue, Apr 14, 2015

    Venezuela President Nicolas Maduro said on Monday night there is no recovery in oil prices forecast this year, blaming fracking in the United States for the tumble in the value of the OPEC country's top export. "This year there's no recovery in oil prices forecast. More »

  • 100 billion barrels of oil in ground near London Gatwick: firm
    100 billion barrels of oil in ground near London Gatwick: firm Thu, Apr 9, 2015

    An oil exploration firm said Thursday that it had discovered 100 billion barrels of oil in the ground next to Gatwick Airport outside London. More »

  • Gatwick Oil Find: Questions And Answers
    Gatwick Oil Find: Questions And Answers Thu, Apr 9, 2015

    An exploration firm has announced the discovery of billions of barrels of oil reserves at a site near Gatwick airport. How does this compare with North Sea oil production? More »