Angus accounts delay
Angus Energy, the operator of oil and gas sites at Balcombe, Brockham and Saltfleetby, has announced its annual accounts will be delayed.
Angus Energy, the operator of oil and gas sites at Balcombe, Brockham and Saltfleetby, has announced its annual accounts will be delayed.
The UK government has confirmed there will be no new licences for onshore oil and gas in England.
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
The oil company at the centre of a landmark legal ruling on climate emissions has again delayed the publication of its annual report and accounts.
Gross profits at Union Jack Oil fell 40% in 2024, compared with the year before, annual acounts revealed today.
The UK’s biggest onshore gas producer has reported an annual loss of more than £4m, down more than 100% on the profit in the year before.
Production at the Horndean oilfield in Hampshire increased last month (January 2025) following a workover in late 2024, a partner has reported.
Rathlin Energy does not have enough money to meet its drilling and abandonment commitments in East Yorkshire, according to annual accounts published today.
The only company to frack horizontal shale gas wells onshore in the UK has cut the value of its exploration assets.