Crogga has confirmed that it wont complete a project to extract gas from a field off the coast of the Island.
The company says it believes it has been put in an unreasonable commercial position and it
It adds that no responsible gas exploration company should take on the significant timing and financial risks that it is being asked to bear.
The company was granted a license to start the project in 2018 but it expired yesterday.
Put spiritual protections before digital ID, says petition
Inflation level in November, says government
Port St Mary road closure extended
Two Manxman sailings rescheduled tonight
Police issue reminder over firearm certificates
No housing plans approved on agricultural land, says minister
Your chance to work for Island's first cannabis club
UK announces Irish Sea herring fishery deal