A company’s bid to drill for oil on the Isle of Wight has been opposed again by the local MP.
UK Oil & Gas plc has reported an operating loss of £1.02m for the six months to the end of March 2021.
DrillOrDrop’s diary of events in autumn 2021 affecting the UK onshore oil and gas industry and campaigns about it.
A public consultation opened today on the environmental impact of plans to revive oil exploration on the Isle of Wight.
The Environment Agency is being urged to oppose oil drilling plans on the Isle of Wight after its leader said “fast thinking” was needed to tackle climate change.
UK Oil & Gas plc announced this morning its 50% acquisition in the Basur-Resan oil licence in south east Turkey has been officially approved. The company said it was now a named party on the licence.
A second consultation began today on plans by UK Oil & Gas to drill for oil at Arreton on the Isle of Wight.
DrillOrDrop reviews what might happen in 2021 to UK onshore fracking and other oil and gas developments.
2020 was a frack free year in the UK because the shale gas industry failed to persuade ministers to lift blocks on the process.
Highways officials have withdrawn their objection to a plan to explore for oil on the Isle of Wight.