MPs lobby group denies fracking funding

The All Party Parliamentary Group (APPG) on Unconventional Oil and Gas has rubbished claims it is entirely funded by the fracking industry and run by fracking lobbyists. In a recent article, the Private Eye magazine said since the launch of the Group in February this year, it has received £25,000 from “a bunch of firms” […]

13% increase in oil and gas spending

Spending in oil and natural gas is expected to increase by more than 13% worldwide this year. That’s according to GlobalData’s new report, which predicts a 13.4% increase, with North America attracting the largest investment of around $254billion (£160.3billion). It claims the increase of unconventional oil and gas activities, particularly shale gas and the development […]