Cuadrilla to close UK's last fracking wells despite dwindling gas stocks
The UK's final fracking wells are set to be sealed and filled with cement, despite warnings of dwindling gas reserves.
In an open letter, the North Sea Transition Authority regulator instructed energy company Cuadrilla to seal the two wells at Preston New Road in Lancashire before decommissioning them by 30th June 2025, as reported by Next Page College group NCG reports sound finances despite funding clawback 2025-04-04 16:32:55 2025-04-04 16:32:55 North East deals of the week: key acquisitions, contracts and investments 2025-04-04 16:32:55 2025-04-04 16:32:55 North East business life: key charity, award and community events of the weeks 2025-04-04 16:32:55 2025-04-04 16:32:55 Sheffield robotics business BOW seals £4m seed investment through Northern Gritstone 2025-04-04 16:32:55 2025-04-04 16:32:55 Stella McCartney parts ways with LVMH after buying back fashion brand stake 2025-04-04 16:32:55 2025-04-04 16:32:55 Crest Nicholson's new strategy aims to tackle housing demand despite profit dip 2025-04-04 16:32:55 2025-04-04 16:32:55 YouGov chief executive steps down as share price tumbles under his leadership 2025-04-04 16:32:55 2025-04-04 16:32:55 Good Energy poised to be acquired by UAE-based Esyasoft in deal valuing business at nearly £100m 2025-04-04 16:32:55 2025-04-04 16:32:55 Ovo Energy acquires brand rights from founder in strategic £150 million deal 2025-04-04 16:32:55 2025-04-04 16:32:55 Shell pays out £18.7bn to shareholders in 2024 as it slashes spending on renewables 2025-04-04 16:32:55 2025-04-04 16:32:55Recommend