Reports: Ineos poised to invest $1bn in UK fracking venture

Jessica Shankleman
clock

Chemicals giant aims to power Grangemouth facility with domestic shale gas

Ineos is reportedly set to confirm plans to invest up to $1bn (£640m) in UK shale gas exploration in a move that it hopes will help provide power to its petrochemicals plant at Grangemouth. According...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Study: Global biofuel demand set to grow nearly 70 per cent by 2030

Study: Global biofuel demand set to grow nearly 70 per cent by 2030

Short-term measures in response to Iran war could see global biofuel demand spike 30 per cent this year and continue to rise through to the end of the decade, T&E warns

Stuart Stone
clock 05 June 2026 • 4 min read
World Cup: Pubs to score five hours of free electricity when England and Scotland are playing

World Cup: Pubs to score five hours of free electricity when England and Scotland are playing

Octopus Energy launches 'Watt a Save' initiative for pubs showing home nations fixtures during this summer's World Cup

Stuart Stone
clock 05 June 2026 • 2 min read
Why methane belongs in the UK's Energy Independence Bill

Why methane belongs in the UK's Energy Independence Bill

Statutory measures to reduce methane emissions could both strengthen Britain's energy security and accelerate the shift to clean power, writes Kim O’Dowd from the Environmental Investigation Agency

Kim O’Dowd, Environmental Investigation Agency
clock 02 June 2026 • 3 min read