BARCLAYS PULL INVESTMENT OUT OF STRUGGLING THIRD ENERGY.

RACK FREE RYEDALE PRESS RELEASE 15/05/2017 BARCLAYS PULL OUT OF THIRD ENERGY Last week at their AGM, Barclays’ Chairman John McFarlane told a packed hall of their shareholders that the bank would be pulling their money out of Third Energy – the company they own the majority of and that is licensed to frack at Kirby Misperton in Ryedale, North Yorkshire. Reports suggest that … [Read more...]

UK regulator the OGA fail to conduct financial health checks on Third Energy for over 2 years despite concerns over the fracking firms financial stability

A Frack Free North Yorkshire (FFNY) investigation has revealed that the Oil & Gas Authority (OGA) which is widely seen as a key government body for regulating the Fracking industry,  hasn't completed a financial 'competence' check on Third Energy since November 2014, despite the controversial fracking firm recording a loss of over £3million in its latest set of published … [Read more...]

Third Energy’s poor financial status continues after company declares huge loss in latest accounts

A fantastic report published by Drill or Drop on the 23/02/17  has revealed, Third Energy UK Gas Limited – the company behind fracking plans at Kirby Misperton in North Yorkshire – made a loss of £3.854m in 2015. Full text shown below (photos added by FFNY); It owed more than £50m to parent and sister companies and turnover was less than half that of the previous … [Read more...]

Third Energy fail to publish their company accounts on time, amid growing concerns about the companies financial stability

Residents facing fracking in North Yorkshire have highlighted the failure of Third Energy to submit its company accounts on time.[1] This has resulted in a threat from the Registrar of Companies to Third Energy to strike it off the registry and dissolve the company [2] This is not the first time this has happened: in January 2013 the company received a similar letter … [Read more...]

Future of fracking in Ryedale to be decided on 20 May

North Yorkshire County Council has announced that Third Energy's planning application for fracking at Kirby Misperton will be decided by their Planning Committee on Friday 20th May. Find out how you can do your bit to persuade North Yorkshire County Councillors to stand up for the people and reject the application - ACT NOW Details on what will happen on Decision Day will … [Read more...]

Investigation reveals Yorkshire Fracking firm Third Energy’s links to infamous offshore tax haven

The Panama papers  revelations exposed in the National press in recent weeks have helped to shine a light into the murky world of offshore tax havens where an estimated £8 trillion of wealth is kept in offshore bank accounts, and denying countries like the UK from collecting their fair share in tax revenues which are needed to maintain our vital public services such as the … [Read more...]

North Yorkshire County Council invests over £100million in high polluting fossil fuel & ‘fracking’ firms

Whilst world leaders meet once again in Paris  to try and reach a global agreement to tackle climate change closer to home North Yorkshire county council invests its pension fund heavily in high polluting and financially risky fossil fuel companies including controversial Fracking firms. Frack Free North Yorkshire has learnt via Freedom of Information requests that North … [Read more...]