annual – DRILL OR DROP?

Waddock Cross update

A partner in the mothballed Waddock Cross oil site in Dorset gave details to shareholders this week of a proposed new well.

Households are facing higher energy bills because the UK is not electrifying fast enough, government advisers warned today.

The company behind the suspended oil site that is subject of a landmark Supreme Court ruling has reported declining assets and revenue.

Revenue and gas production at Angus Energy fell in 2025 compared with the year before.

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.