Gas fracking to start in England next week after seven-year halt

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PRESTON, England (Reuters) – Shale gas developer Cuadrilla Resources expects to start gas fracking in northwest England next week, seven years after its first attempt to hydraulically fracture a well led to earth tremors, public protests and an overhaul of regulations. A steal brush hangs next to some piping at Preston New Road site where...

The Fed Hikes: Building a War Chest

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Howard Marks memo to Oaktree clients for the month of September 2018, titled, “The Seven Worst Words In The World.” Memo to: Oaktree Clients From: Howard Marks Re: The Seven Worst Words in the World Paul Singer businessman investor I have a new book coming out next week titled Mastering the Market Cycle: Getting the Odds...

Breaking: Court blocks fracking at Cuadrilla’s Preston New Road site – DRILL OR DROP?

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Campaigner and researcher, Helen Chuntso, outside Cuadrilla’s shale gas site at Preston New Road, 5 October 2018. Photo: Bob Dennett A  High Court judge has ruled that fracking should not take place at Cuadrilla’s shale gas site near Blackpool until a hearing next week. Mrs Justice Farbey signed an interim injunction order for the Preston...

Climate experts call for WA fracking ban

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Graeme Pearman and Carmen Lawrence will visit WA’s state parliament in Perth on Tuesday morning to call for the ban on fracking, with an open letter that also includes support from 2003 Australian of the Year Fiona Stanley and Climate Council chief Tim Flannery. The group penned the letter as they await the release of...

How Natural Gas Is Paving The Way To A Cleaner Energy Future

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Many environmentalists are staunchly against the idea that natural gas can act as a bridge fuel to a renewable future. Actor Mark Ruffalo echoed the sentiments of many environmentalists when he wrote: In order to promote natural gas consumption, the oil and gas industry convinced many governments (and environmental organizations) that it is a ‘bridge...

U.S. Chamber official talks energy regulation reform

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Wyomissing, PA — The vice president for policy at the U.S. Chamber of Commerce’s Global Energy Institute said that aggressive energy production in the United States has been beneficial to the overall stability of the economy. “The United States is now the world’s No. 1 oil producer and has surpassed Saudi Arabia and Venezuela,” said...

Listed In London, Drilling In Denver: Meet The Oilman Who Covets Barrels As Much As Technology

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Cheaper battery unveiled as step to carbon-free power grid

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SHARE NEW YORK TIMES Dr. Patrick Soon-Shiong, a surgeon, billionaire biotechnology entrepreneur and head of NantEnergy, poses for a photo in Los Angeles on Sept. 23. Soon-Shiong said his company’s rechargeable zinc air battery will store power at far less than the cost of lithium-ion batteries, which use scarce materials and are more vulnerable to...

A Grassroots Uprising in Amish Country Begins to Find Meaning in Politics

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The morning after the presidential election in November 2016, Annie Weaver, like millions around the country, was in a stupor. “I remember coming to work that day and I stopped at the Wawa and I didn’t even make eye contact with people, because I couldn’t believe this was the world that we lived in,” she...

Bill Gates has added a geothermal startup to his clean energy fund’s first bets

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Bill Gates’s $1 billion clean energy fund just opened up its checkbook for the first time. Breakthrough Energy Ventures will announce today it’s investing in a host of startups developing technology that can confront the growing dangers of climate change. Among the first selected was a startup in Berkeley, California, that is applying fracking techniques to the geothermal industry...

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