Steel union backs UK fracking
The main steel union, Community, has backed the UK fracking industry saying it could support thousands of jobs in the supply chain.
Egdon and Celtique count on go-ahead for Wressle oil production in Lincolnshire
Two companies are banking on the approval of consent for oil production at the Wressle well in Lincolnshire and that it brings in expected revenues.
IGas in talks with bondholder Trans European Oil & Gas and new investors
IGas confirmed this morning it was having discussions with Trans European Oil & Gas, thought to be a leading holder of its secured debt.
Cuadrilla losses mount to $17.6m
The shale gas company, Cuadrilla, has announced a loss of $17.671m for the 12 months ending 31 December 2015, up from $11.568m on the previous year.
Celtique pulls out of two new exploration licences in East Midlands
Egdon Resources announced today that it had taken over Celtique Energie’s interests in two oil and gas exploration licences.
IGas bondholders divided over debt terms
IGas shares closed down more than 9% on the day after the company’s bondholders disagreed in votes over proposals to relax liquidity obligations.
Industry reaction to Cuadrilla fracking announcement
Francis Egan, Chief Executive, Cuadrilla “We are very pleased that we can now move ahead with our shale gas exploration plans which will start to create new economic growth opportunities and jobs for people in Lancashire and the UK. “As a Lancashire business we are proud that the […]
Europa records pre-tax loss of £1.9m
The oil and gas company, Europa, recorded a pre-tax loss of £1.9m for the year to 31 July.
IGas warning in half-year accounts
The shale company IGas has raised questions about its ability to operate as a going concern.
Swanage gas drilling plans on hold
Dorset County Council and InfraStrata have confirmed that no work will be carried out this year at a proposed gas exploration site near the Jurassic Coast World Heritage Site in Dorset.
DRILL OR DROP? 