Keep up to date with June 2024’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.

For headlines from previous months, click here. Please let us know if we’ve missed something important  contact@DrillOrDrop.com

Monday 17 June 2024

Campaigners win latest legal challenge against gas caverns. DrillOrDrop report on the judgement at the court of appeal in Belfast against vast salt caverns under Larne Lough in Northern Ireland.

2025 date for court challenge to test of oil well at Balcombe in West Sussex. DrillOrDrop update on the long-running challenge to oil exploration in Balcombe.

Friday 14 June 2024

Election 24: Labour to ban fracking and block new licences. DrillOrDrop review of Labour and Plaid Cymru manifestos

Thursday 13 June 2024

West Newton gets more time for drilling plans. DrillOrDrop reports that the industry regulator has extended the deadline for drilling plans at the West Newton field, operated by Rathlin Energy, in East Yorkshire.

Wednesday 12 June 2024

Election 24: Tories keep fracking moratorium. DrillOrDrop review of the election manifestos.

Star Energy to quit shale gas licences. DrillOrDrop report on announcement by one of the biggest potential players in UK onshore fracking.

Further loan reduction at UKOG. UK Oil & Gas plc announces it has issued a further 238,095,238 shares to its lenders to reduce the balance of its loan by £50,000. See also 4 June.

Union Jack acquisition on oil project in Oklahoma. Union Jack Oil reports it has acquired a 45% working interest in the Rogers oil project in Seminole County, Oklahoma from Reach Oil & Gas for US$105,000.

Slowing demand growth and surging supply put global oil markets on course for major surplus this decade. The International Energy Agency reports on its new oil market outlook, which predicts slow growth in the world’s demand for oil in the coming years as energy transitions advance. At the same time, global oil production is set to ramp up, easing market strains and pushing spare capacity towards levels unseen outside of the Covid crisis

Friday 7 June 2024

Egdon Resources should have disclosed law change on environmental impact – High Court judge. DrillOrDrop report on Egdon Resources being chastised by a judge over relying on out-of-date law on the impact of its proposals at Biscathorpe.

UK onshore oil and gas production in charts – March 2024. DrillOrDrop’s analysis of the latest official UK onshore production data. Oil production was down 6% compared with the month before.

Thursday 6 June 2024

Oil flows at Brockham. DrillOrDrop report on the announcement by Angus Energy that oil has begun flowing again at the Brockham oil field in Surrey.

Wednesday 5 June 2024

“Unlawful decision on Lincolnshire oil production plans challenged at the High Court. DrillOrDrop reports on a legal challenge by SOS Biscathorpe over the grant of permission for Egdon’s plans to produce oil in an area of outstanding beauty.

New ceo at Star Energy. DrillOrDrop report that Star Energy has appointed Ross Glover as its new chief executive.

Tuesday 4 June 2024

UKOG announces loan reduction. UK Oil & Gas plc announces it has issued a further 244,444,444 equity shares to RiverFort Global Opportunities PCC Limited and YA ll PN Ltd to repay a further £55,000 of its loan.

Monday 3 June 2024

Campaigner goes to court to stop oil production plans in Lincolnshire Wolds. DrillOrDrop report on upcoming legal challenge by SOS Biscathorpe against Egdon Resources plans to produce oil in an area of outstanding natural beauty.

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