Official climate advice on onshore oil and gas underestimates risks – campaign group
The campaign group behind a landmark legal judgement on carbon emissions has criticised official advice to government on the climate impact of onshore oil and gas.
Europa shares drop 16% on news of £3.5m fundraising and going concern warning
The company behind plans for lower-volume fracking in Burniston, North Yorkshire, warned today it could go out of business if shareholders did not approve a £3.5m fundraising later this month.
Two Cuadrilla companies to cease trading
Cuadrilla has announced two of its subsidiaries are to cease trading.
MPs seek evidence on future of UK oil and gas
A committee of MPs is launching a new inquiry on the future of the UK’s oil and gas industry.
Horse Hill – council “assessing next steps”
The authority which unlawfully granted planning permission for oil production at Horse Hill is continuing to “review the matter”, a spokesperson said this morning.
Horse Hill production fall hits UKOG revenue
Falling production at the Horse Hill well in Surrey cut revenue for UK Oil & Gas plc last year.
Hampshire urged to ban new oil and gas developments in updated planning rules
Campaigners have called for a “blanket ban” on new oil and gas developments in new planning rules proposed for Hampshire.
February 2024 headlines
Keep up to date with February 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.
Delays to timetable for plugging Cuadrilla’s fracked wells
Cuadrilla’s plan to decommission its fracked wells in Lancashire is already behind schedule.
UKOG takes out £3m loan for drilling operations
UK Oil & Gas has announced it has secured a £3m loan to fund operations over the next 12 months.
DRILL OR DROP? 