Fracking in Britain gets nod for the first time since 2011
London
A SHALE gas fracking project won approval in Britain for the first time since 2011 on Monday as councillors in Yorkshire gave the go-ahead to a plan slammed by greens and locals.
After listening to arguments for and against the scheme as protesters gathered outside, the North Yorkshire County Council voted 7-4 in favour of allowing the fracking to go ahead. "This is by far the most controversial application that we have ever had to deal with," committee chairman Peter Sowray said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
India's Vedanta misses Q4 profit estimates on lower prices
BHP targets Anglo American in bid valuing miner at US$39 billion
China's Sinopec charts global expansion with refinery in rival India's backyard
Gold trades in tight range as market focuses on US economic data
Oil settles lower as US business activity cools, concerns over Middle East ease
Orsted says Taiwan wind project to power TSMC on track for 2025 finish