DrillOrDrop’s review of the latest UK onshore production data, for April 2023, reveals a big drop in monthly production from the largest field at Wytch Farm. This cut the UK’s total monthly onshore oil volumes by more than half.
Gas production at Saltfleetby in Lincolnshire helped to generate revenue of nearly £16.5m for Angus Energy in the six months to March 2023. This compared to £27,000 for the same period in 2022.
UK Oil & Gas has announced it has secured a £3m loan to fund operations over the next 12 months.
Councillors in East Yorkshire voted unanimously this afternoon for a review of pension fund investments away from fossil fuels
Government advisors have accused ministers of lacking leadership on climate change and sending conflicting messages on fossil fuels.
UK Oil & Gas plc reported an operating loss of £1.32m for the six months to the end of March 2023, slightly larger than the year before.
IGas Energy plc confirmed today its name has changed to Star Energy Group plc.
Cuadrilla’s Australian owner is to cut the value of UK shale gas exploration assets, following the reinstatement of the moratorium on fracking in England last year.
The Church of England is pulling its investment in major fossil fuel companies because they failed to align with the goals of the Paris climate agreement.
The government’s new environmental watchdog has been on the opposite side of the legal argument from a minister in its first court case.
DRILL OR DROP? 