An icy rain is pelting about 30 protesters who’ve converged at the gate of a natural gas drilling site near Manchester, England. On the other side of a fence topped with razor wire, a 10-story-high rig is boring into shale to determine if it’s suitable for hydraulic fracturing, or fracking. The demonstrators unfurl a banner: “Fracking will poison our children.”
A private-equity company run by John Browne, a former chief executive officer of BP Plc, is in advanced talks to buy as much as half of Fairfield Energy Ltd., a U.K.-based oil and gas business, the Sunday Times reported.
Outgoing Premier Farnell Plc Chairman Peter Gershon and former BP Plc Chief Executive Officer John Browne are the final two names on a shortlist for the chairmanship of the U.K.’s National Grid Plc , Sky reported , without attribution. A decision is likely to be made by the board within weeks, Sky said, without saying where it got the information.
Two U.K. drillers are taking the lead in exploring for the country’s first shale gas after a moratorium ended, with one of them backed by ex-BP Plc chief John Browne and the other soon to count China as an investor.