Onshore shale gas company closing
One of the winning companies in the most recent auction of onshore oil and gas licences is going out of business.
One of the winning companies in the most recent auction of onshore oil and gas licences is going out of business.
The operator of the Wressle oil well in North Lincolnshire has said production could reach 1,543 barrels per day.
Three campaigners have lost their legal challenge to the UK’s oil and gas strategy.
Controversial government plans to crack down on protests have been defeated by peers in a series of late night votes.
Predictions for a single gas well in East Yorkshire suggest initial production could exceed many entire fields in the North Sea.
Angus Energy said this morning it had received at least six “bona fide” approaches from parties interested in making an offer for the company or its interest in the Saltfleetby gas field.
Thousands protested across England and Wales today against the government’s Police, Crime, Sentencing and Courts Bill, which will be voted on by the House of Lords on Monday.
Hundreds of tonnes of climate-warming methane is being released into the atmosphere by the UK’s longest continuously producing onshore oil well, despite curbs ordered by the environmental regulator.
The would-be fracking firm, Third Energy, has been acquired by a renewables company, which plans to use old gas wells to generate geothermal energy.
The UK government is being sued by two environmental groups which say the net zero strategy fails to include policies needed to make promised cuts in carbon emissions.