Union Jack Oil is spending £1m to become the largest investor in the Biscathorpe oil licence in Lincolnshire.
Ineos has postponed a controversial scheme to build Europe’s biggest propylene factory in the Port of Antwerp.
The main investor at the Horse Hill oil site in Surrey has announced plans for two new production wells.
UK Oil & Gas plc announced this morning its 50% acquisition in the Basur-Resan oil licence in south east Turkey has been officially approved. The company said it was now a named party on the licence.
Egdon Resources reported a £4.75m loss today, along with falling production and revenues.
A workover rig has been delivered to Egdon Resources’ Wressle oil site in North Lincolnshire to prepare the well for production.
The oil and gas producer, IGas, has said it is looking forward to making a “material contribution” to the green energy revolution.
The drilling rig at Rathlin Energy’s West Newton B wellsite in East Yorkshire has been taken down.
The weald-based UK Oil & Gas plc (UKOG) is promoting prospects of oil production in south east Turkey as it seeks three more exploration licences in the region.
Drilling results from Rathlin Energy’s West Newton B site in East Yorkshire indicate a “substantial hydrocarbon accumulation”, partners said this morning.