Fracking payments raised as new oil reserves identified in southern England

Will Nichols
clock

Government set to allow drilling under homes without permission as it strives to access estimated 4.4 billion barrels of oil under southern counties

Communities hosting fracking sites are set to receive higher payments as the government looks to override burgeoning opposition and exploit a potential 4.4 billion barrels of oil newly identified beneath...

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: Economic pressures becoming driving force behind sustainable living behaviours

Study: Economic pressures becoming driving force behind sustainable living behaviours

Study finds long-term affordability and sustainability are increasingly important for consumers when buying new appliances

clock 23 January 2026 • 3 min read
Interconnectors have delivered more than £1.65bn in consumer savings since 2023

Interconnectors have delivered more than £1.65bn in consumer savings since 2023

Study details how subsea links have provided 86TWh of lower cost, cleaner, and more reliable energy imports, capable of powering 10 million British homes

Stuart Stone
clock 22 January 2026 • 3 min read
 Wind and solar generate more power than fossil fuels in Europe for first time

Wind and solar generate more power than fossil fuels in Europe for first time

New Ember analysis attributes increase in renewables to 'staggering rise' in solar power

clock 21 January 2026 • 4 min read