On Monday, the council of Lancashire, located in northwestern England, rejected the British fracking company Cuadrilla's plans to develop a new fracking site in Little Plumpton.
Independent oil and gas producer Third Energy has lodged an application for hydraulic fracturing, or fracking, at a shale gas site in northeast England, the third such application being assessed by British authorities.
Anti-fracking campaigners have accused the shale industry of wanting companies "to be allowed to mark their own homework" by suggesting independent checks on wells could be done in-house.
Investors in Petroleo Brasileiro SA, the state-run oil company at the center of a kickback scandal in Brazil, expanded their lawsuit against the company by adding claims that auditor PricewaterhouseCoopers LLP turned ...
Capex in the UK’s offshore sector totaled $19 billion last year, according to analysts Wood Mackenzie’s annual UK upstream review. This kept the UK in the top 10 countries for upstream spending globally.
The UK government lifted the ban on shale gas exploration, which uses a controversial method of extraction that has come under scrutiny from environmentalists.