By Justin Mikulka Increasingly, U.S. shale firms appear unable to pay back investors for the money borrowed to fuel the last decade of the fracking boom. In a similar vein, those companies also seem poised to stiff the public on cleanup costs for abandoned oil and gas wells once the producers have moved on. “It’s […]
England’s High Court ruled Wednesday that the government’s planning policy on fracking was unlawful, in a major victory for anti-fracking group Talk Fracking. In part of his ruling, Mr. Justice Dove found that the government had not taken up-to-date information on climate change into account when drafting its policy. This could make it easier for […]
By Peter Hart Pennsylvania is home to more than 10,000 fracking wells, which forces communities to live with air pollution, water contamination and an array of health problems linked to drilling. The frackers want to drill more wells, and the state’s Democratic governor is not going to do anything to slow it down. But local […]
By Wenonah Hauter Cabot Oil & Gas, a company with $765 million in assets in 2017, doesn’t like environmental nonprofits meddling in its dirty business in Pennsylvania. And the company is delivering this message by targeting Ray Kemble—a local 63-year old who just survived his fourth cancer surgery—with a $5 million lawsuit for speaking out […]
The U.S. Bureau of Land Management (BLM) is pushing ahead with the sale of oil and gas leases on land outside of Chaco Culture National Historical Park and other sites revered by Native American tribes, The Associated Press reported. The latest listing—which quietly appeared on the BLM website not long after the government reopened after […]
Colorado’s oil and gas industry breathed a sigh of relief on Monday after the state’s highest court overturned a lower court decision that said state regulators must consider public health and the environment in permitting oil and gas production. The unanimous ruling was a disappointment for the teenage plaintiffs, including high-profile climate activist Xiuhtezcatl Martinez, […]
By Justin Mikulka 2018 was the year the oil and gas industry promised that its darling, the shale fracking revolution, would stop focusing on endless production and instead turn a profit for its investors. But as the year winds to a close, it’s clear that hasn’t happened. Instead, the fracking industry has helped set new […]
A major indigenous group in the Argentine Patagonia is suing some of world’s biggest oil and gas companies over illegal fracking waste dumps that put the “sensitive Patagonian environment,” local wildlife and communities at risk, according to Greenpeace. The Mapuche Confederation of Neuquén filed a lawsuit against Exxon, French company Total and the Argentina-based Pan […]
It would appear that the resurgence of fracking in the UK is on very shaky ground. A company called Cuadrilla restarted the controversial technique at a site in Lancashire, in Northwest England, just two months ago after a seven year hiatus. But it spent a month of that time doing tests with smaller volumes of […]
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