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.
Ryedale gas licences lapse and former fracking firm changes hands again
Licences to produce gas in the Ryedale area of North Yorkshire have lapsed and the operator, Third Energy, has been acquired by a geothermal group.
UK onshore oil and gas production in charts – November 2023
UK onshore gas volumes in November fell dramatically with production suspensions at Saltfleetby.
Updated: UKOG abandons Turkish well test and announces new fundraising plans for Loxley
UKOG shares dropped more than a third today on news that the company had abandoned testing the Pinarova-1 well in Turkey. The company said it was “disappointed” that the well had not met its expectations.
Rapid phase out of fossil fuels needed – UK climate advisor warns
The UK must “rapidly replace fossil fuels with low carbon alternatives”, the government’s climate advisor warned today.
Union Jack heads for Texas
Union Jack Oil, the majority investor in the Wressle onshore site in North Lincolnshire, has announced its first move into the US.
Wressle gets go-ahead for larger gas engine
The Wressle oil site in North Lincolnshire has been given consent for a larger gas engine to generate electricity.
Norwegian campaigners secure historic win on key issue at centre of Horse Hill landmark legal challenge
The arguments at the centre of a landmark legal challenge to UK onshore oil production have secured a separate historic court win against the Norwegian government.
Offshore oil and gas licensing bill wins second reading
The government has won a debate on its legislation to require annual licensing rounds for new North Sea oil and gas fields.
Reabold announces £4.4m payment from Shell
Reabold Resources, a key investor in the West Newton oil and gas field in East Yorkshire, is to receive £4.4m from Shell in the coming days.
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