Cuadrilla’s proposal for exploratory fracking has been rejected by Lancashire County Council. The company may appeal against the decision, but the damage to the industry’s image has already been done.
Tensions are escalating in the South China Sea. The area may become unstable, and oil and gas reserves are potentially at stake.
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BP’s $7.2 billion investment in Indian oil and gas fields continues to weigh on the group just three and a half years after agreeing to the landmark deal.
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