Nicholas Newman

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SHALE GAS DECOMMISSIONING: QUATRE LTD PROVIDES A SOLUTION FOR PAYING THE BILL.

The National Audit Office (NAO) report Fracking for shale gas in England [i] demonstrates that it is still uncertain who pays for the cost of shale gas decommissioning if the operator becomes bankrupt. Fortunately for the taxpayer, London based firm Quatre Ltd provides a financial solution ...

Nicholas Newman


Posted 17 days agoPress > Environmental liabilitiesshale gas decommissioningUnited Kingdom +5

Packing-up Caudrilla is not the end of the decommissioning story.

The announcement of Cuadrilla Resources' closure of its Lancashire site [i]  this month is far from the end of the decommissioning story. There remain many North Sea oil and gas rigs due for closure and decommissioning over the next decades. As part of the decommissioning effort, every drill site ...

Nicholas Newman


Posted 26 days agoPress

Quatre Managed Legacy Funds Solution

London, May 3, 2018: London-based financial services company Quatre Ltd, has launched a new solution known as the  QUATRE MANAGED LEGACY FUNDS SOLUTION . It is designed to fund the decommissioning of oil and gas fields and rehabilitation of other extractive industrial locations including mines. ...

Nicholas Newman


Posted 1 year agoPress > DecommissioningFundingOil +6

Pushing the Boundaries of Decommissioning

By Nicholas Newman www.nicnewmanoxford.com Today, the energy business is changing how it operates, whether drilling for oil and gas or generating electricity from the wind. This means acting in a sustainable and environmentally-responsible manner by applying corporate social responsibility princi ...

Nicholas Newman


Posted 1 year agoOpinion > BusinessDecommissioningcorporate social responsibilty +1

A new funding solution is needed for oil decommissioning

By Nicholas Newman At the time of writing, we are seeing an increasing number of media reports detailing the huge numbers of abandoned oil wells in Alberta and Texas.  In addition, governments and the industry are experiencing growing concern over the increasing costs of decommissioning and reinsta ...

Nicholas Newman


Posted 2 years agoOpinion > DecommissioningFinancealberta +3
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