Reabold takeover of Union Jack agreed
Reabold Resources announced this afternoon it had reached agreement on the takeover of Union Jack Oil.
Meeting on new gas plan in national park
A four-year-old company is to outline plans to the public next week on extracting billions of cubic feet of gas in a remote and sensitive part of the North York Moors.
Waddock Cross update
A partner in the mothballed Waddock Cross oil site in Dorset gave details to shareholders this week of a proposed new well.
Angus debt restructuring deal signed
Angus Energy announced today it had signed conditional restructuring agreements with its creditors.
Government warned transition to clean electricity is not fast enough
Households are facing higher energy bills because the UK is not electrifying fast enough, government advisers warned today.
Horse Hill’s predicted 2m tonnes of carbon emissions “not significant” for climate – UKOG
The site at the centre of a landmark legal challenge is seeking to produce more than 600,000 tonnes of oil over the next 20 years, releasing about two million tonnes of greenhouse gas emissions.
Honour for climate lawyer
The lawyer who successfully led a landmark challenge on onshore oil and gas at the Supreme Court was appointed an OBE in the King’s birthday honours.
Takeover bid for Union Jack Oil
Reabold Resources has offered to buy Union Jack Oil, both companies confirmed this morning.
UKOG sells Horse Hill stake in £1m deal
UK Oil & Gas is selling its stake in the troubled Horse Hill production site and licence, the company’s last remaining hydrocarbon interest.
Union Jack takes £1m loan from Egdon
The company with the biggest stake in the Wressle oil field has agreed a £1m loan from the site operator, Egdon Resources.
DRILL OR DROP? 