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Tag Archives: shale gas

Cuadrilla responds to financial pressures

Cuadrilla financial problem

Just months Cuadrilla’s CEO Francis Egan raised questions about the profitability of UK fracking; he has taken an axe to the company’s finances.  According to Jillian Ambrose in the Telegraph: “Cuadrilla has cut deep into its spending and reduced its workforce by a fifth to stem its mounting losses… “The …

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