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.
IGas is seeking to extend the life of two small Nottinghamshire oil sites until 2031.
Two campaigners who locked themselves together outside the Horse Hill oil site near Gatwick Airport more than a year ago will not be prosecuted.
A key document needed to allow small-scale fracking at Wressle in north Lincolnshire has not yet been approved.
A study by climate scientists says carbon capture and storage (CCS) cannot meet the urgent need to reduce greenhouse gas emissions.
The former energy minister, Kwasi Kwarteng, has been appointed business secretary. He replaces Alok Sharma, who moves to work fulltime as president of the COP26 climate conference in November.
A second consultation began today on plans by UK Oil & Gas to drill for oil at Arreton on the Isle of Wight.
IGas has appealed against the refusal of planning consent for its oil site at Avington in the South Downs National Park.
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.
