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Richard Anderson

As Fracking Firms Struggle To Stay Afloat, Big Banks Turn Their Backs

Fracking companies in Britain admit they are “suffering” and struggling to secure finance.

14 7 月, 2017
Richard Anderson
14 7 月, 2017
作者 Richard Anderson
Police prepare to remove a protestor from the top of a vehicle waiting to enter an exploratory drill site for the controversial gas extraction process known as fracking at Barton Moss in Manchester, England, Monday, Jan. 13, 2014. (AP Photo/Jon Super)

Fracking companies in Britain privately admit they are “suffering” and struggling to secure finance, according to government documents obtained via freedom of information. In a meeting last May with then-business minister Anna Soubry, the Onshore Energy Services Group (OESG) said raising the money needed to develop a wide-scale fracking

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