Nottinghamshire Council approves shale gas drilling

A project to drill for shale gas in Nottinghamshire has been given the go-ahead by the council. IGas Energy plans to drill two exploratory wells in Mission Springs in North Nottinghamshire. However, the council said 37 planning conditions and a legal agreement have been imposed and the proposals do not include fracking. The conditions relate […]

INEOS completes shale deal with UK’s IGas

Petrochemicals giant INEOS has completed a deal to operate a number of shale gas licences held by Britain’s IGas Energy. The Swiss company now has a majority stake in IGas’ licences in the Bowland basin in the North West of England. INEOS is paying IGas a cash sum of £30 million and has also committed […]

INEOS and IGas agree £138m UK shale gas deal

Swiss petrochemicals giant INEOS has announced a deal to buy stakes in a number of shale gas licences across the UK. Britain’s IGas Energy has signed a £30 million agreement with the company, giving INEOS access to shale sites in the North West and East Midland regions of England. In Scotland, it has bought IGas’ […]

Cuadrilla CEO – Regulators need to bust some shale gas myths

Regulators need to bust some of the myths surrounding shale gas extraction according to the boss of drilling firm Cuadrilla, who gave evidence to the House of Lords Economic Affairs Committee. Referring to the demonstrations at Balcombe, Cuadrilla CEO Francis Egan (pictured) told the committee yesterday: “I’m sure you’ll be aware most of those protests […]

Surprise shale find could produce twice the gas

A gas firm drilling in the North West of England says it could be sitting on double the amount of shale gas it had originally expected. IGas Energy believes it could find nearly ten trillion cubic feet of shale gas at its Ince Marshes site in Cheshire. IGas first stumbled upon the shale gas section in January […]