U.S. natural gas prices have tumbled this fall since hitting a high over the summer due to increased production, easing cost fears for millions of American households this winter. Natural gas fell more than 40 percent, after demand nearly reached a 23-year historical high at the end of August, reported The Wall Street Journal. The…

The chief executive of the UK’s first shale gas company has criticised Prime Minister Rishi Sunak’s decision to restore the ban on fracking, saying it “beggars belief.” Fracking, which has been effectively banned in the UK since 2019, is a sensitive issue for the ruling Conservative Party. While some senior Conservatives support fracking as a…

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…

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…

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…

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…