California has reached a settlement with the federal Bureau of Land Management (BLM) to shut down new oil and gas drilling on more than 1 million acres of public land in Central California. The settlement, announced Aug. 1 by Gov. Gavin Newsom and Attorney General Rob Bonta, requires the BLM to withdraw the land from…
Federal Moratorium Shuts Down New Oil and Gas Drilling in Central California
US Shale Producers Seeking to Boost Oil Production Through Re-Fracking
Shale producers in the United States are resorting to “re-fracking” to boost the country’s oil output as well as generate additional profits without having to make significant new investments. Re-fracking refers to the practice of an oil company returning to old shale oil and gas wells that were fracked in the past but are no…
UK Government Announces Plan to Boost British Energy Production
The UK’s Prime Minister Boris Johnson has promised “clean, affordable, secure power” for future generations in the government’s new energy strategy. The British Energy Security Strategy, published on Thursday, sets out plans to boost Britain’s domestic energy production including nuclear, low carbon hydrogen, wind, and solar. Another licensing round will be launched for domestic gas production,…
UK Government Orders Scientific Review on Fracking as Energy Crisis Bites
April 5, 2022
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Business & Economyeconomic policieseconomyenergy crisisfrackingKwasi KwartengMarketsshale gasUKUkraineWorld
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The British government has ordered a review of the latest scientific evidence on fracking amid calls for lifting the ban on the practice to alleviate the energy crisis which has been exacerbated by the Russian invasion of Ukraine. The government on Tuesday commissioned the British Geological Survey to advise on the latest scientific evidence around…
West Made ‘Terrible Mistake’ Over Russian Annexation of Crimea: UK’s Johnson
March 15, 2022
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Boris JohnsonBusiness & EconomyCrimeaeconomic policieseconomyEuropefrackingMarketsRussia-Ukraine WarUKUkraineVladimir PutinWorld
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The West made a “terrible mistake” in 2014 when it allowed Russian President Vladimir Putin to get away with annexing Crimea, British Prime Minister Boris Johnson has said. In a commentary in The Telegraph, Johnson wrote: “When Vladimir Putin invaded Ukraine the first time round, in 2014, the West made a terrible mistake. The Russian…
UK Government Urged to Halt Sealing of Fracking Wells Amid Energy Crisis
March 14, 2022
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Boris JohnsonBusiness & EconomycommoditiesCompanieseconomyEuropefrackingFracking banKwasi KwartengMarketsRussia-Ukraine Warshale gasUKWorld
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The UK government has been urged to withdraw its instruction to plug the country’s only shale wells and lift the ban on fracking to alleviate the energy crisis which has been worsened by the Russian invasion of Ukraine. The government imposed a moratorium on shale gas mining in England in 2019 after two minor earthquakes…
UK Government ‘Open’ to Lifting Fracking Ban to Cut Reliance on Russian Energy
March 9, 2022
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Boris JohnsonBusiness & EconomyeconomyEuropefrackingFracking banKwasi KwartengRussia-Ukraine WarRussian oilshale gasUKUkraineWorld
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The UK government is “open to the idea of fracking” as long as it is done in a safe and sustainable way, a minister said on Wednesday as the government seeks alternative energy sources to substitute Russian hydrocarbons. The government imposed a moratorium on shale gas mining in England in 2019 after two minor earthquakes…
UK Conservatives Urge PM to Lift Fracking Ban to Avoid Future Energy Crises
A group of senior Conservative lawmakers has called on Boris Johnson to reverse the government’s ban on fracking as the UK faces an acute energy crisis. In a joint letter to the prime minister, 30 Conservative politicians, including former Brexit minister David Frost and former culture secretary John Whittingdale, said it is “time to reverse…
Santos Agrees to Pay Cattle Station $400,000 Over Fracking Dispute
Energy supplier Santos has agreed to pay cattle station owner Rallen Australia $400,000 after failing to update them on the extent of their fracking operation on Rallen’s property in the Northern Territory’s Beetaloo Basin. The dispute ended in the Northern Territory Supreme Court on Friday, with Santos agreeing to pay legal fees, adhere to a 12-month…
Australian Cattle Station Giant in Legal Dispute with Energy Supplier over Onshore Fracking
Cattle station landholder Rallen Australia has taken leading natural gas supplier Santos to court for allegedly misleading stakeholders about the extent of their fracking operation in the Beetaloo Basin, situated between Tenant Creek and Katherine. The two major Australian companies appeared in the Northern Territory (NT) Supreme Court on Monday, with Rallen accusing Santos of…
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