Rathlin reports £1m+ loss in 2020
Rathlin Energy, the operator of two oil and gas sites in East Yorkshire, has declared an annual loss in 2020 of £1,015,920. This was slightly smaller than the previous year.
UK onshore oil production drops again
Annual UK onshore oil production has fallen to its lowest level since 2011.
Angus Energy “to return to Balcombe” in autumn 2020 + Brockham and Saltfleetby updates
Angus Energy has said it intends to return to its Balcombe oil exploration site in West Sussex later this year.
Cuadrilla predicts no fracking in 2020 and looks to conventional prospects
The shale gas company, Cuadrilla Resources, is looking at conventional oil and gas opportunities in the UK after predicting no fracking this year.
DRILL OR DROP? 