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.
East Yorkshire backs fossil fuel divestment
Councillors in East Yorkshire voted unanimously this afternoon for a review of pension fund investments away from fossil fuels
“Expansion of fossil fuel production not in line with net zero” – CCC
Government advisors have accused ministers of lacking leadership on climate change and sending conflicting messages on fossil fuels.
UKOG declares interim loss of £1.3m
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 becomes Star Energy
IGas Energy plc confirmed today its name has changed to Star Energy Group plc.
Cuadrilla back in the red, value of shale gas assets to be cut
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.
Church of England divests from fossil fuels
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.
New watchdog’s first legal challenge opposes government over counting carbon
The government’s new environmental watchdog has been on the opposite side of the legal argument from a minister in its first court case.
Campaigners take fossil fuel climate challenge to Supreme Court
The climate impact of using fossil fuels must be assessed before any decision is made on production plans, a landmark challenge at the Supreme Court argued today.
Pictures: Campaigners gather outside Supreme Court for landmark legal challenge
Opponents of oil production at the Horse Hill oil site in Surrey gathered outside the Supreme Court this morning for the start of a legal challenge that will have major implications for new fossil fuel projects.
DRILL OR DROP? 