It is not that often that the hydrocarbon exploration business crosses over into the mainstream conversation - and when it does its rarely because of good news.
Whether today’s example is good news or bad is very much a matter of perspective.
News of UK’s first planning approval for a fracking project for five years is certainly seen as good news for the shale gas companies, their investors and even David Cameron (the Prime Minister and his government have been among the proponents of the nascent industry).
Environmentalists are, naturally, less than impressed - and you won’t have to look too far on social media to find their views on what they see as a disappointing outcome.
For investors in IGas Energy Plc (LON:IGAS) and Egdon Resources (LON:EDR) - which have interests in UK shale, and saw shares rise more than 20% this morning - there was plainly little dilemma.
Elsewhere, the story of failed retailer BHS continues to provide messy revelations.
Reports have emerged that Goldman Sachs had warned Sir Philip Green’s Arcadia Group about the track record of the BHS#’s buyer before the private equity group shipped it off for a £1 last year.
Arrangements around the sale continue to come under intense scrutiny in the aftermath of BHS going into administration earlier this year.
Dominic Chappell had a history of bankruptcy, having gone ‘bust’ three times previously.
It raises questions about the handling of the deal. A report in The Telegraph claims an internet search returns 996,000 reports of Chappell’s “past exploits and failures”.
BHS’s administration puts some 11,000 jobs at risk.