United Kingdom: Cuadrilla signals it is ‘unlikely’ to pursue Balcombe oil

Posted by BusinessGreen: None Given on August 14th, 2013
BusinessGreen: Cuadrilla is "unlikely" to convert its controversial oil exploration site in Balcombe into a full production site, according to BBC reports. The broadcaster today reported the company is unconvinced by the case for developing the site, arguing that while it is "ideal" for exploration other sites in the area that boast better transport links are likely to prove better suited for full production. Cuadrilla's planning permission for the site, which has been the subject of protests for several......

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