UKOG sells subsidiary
UK Oil & Gas plc (UKOG) announced this morning that it had sold one of its subsidiary companies.
UK Oil & Gas plc (UKOG) announced this morning that it had sold one of its subsidiary companies.
Falling production at the Horse Hill well in Surrey cut revenue for UK Oil & Gas plc last year.
DrillOrDrop’s checklist of what to look out for in 2024 on UK onshore oil and gas. You can also catch up with the headlines from 2023 in our review of the year.
A landmark legal challenge to UK onshore oil and gas production was heard by the country’s highest court in 2023.
Almost a fifth of UK onshore production fields have extracted no oil or gas in the past five years, according to analysis by DrillOrDrop.
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
Climate campaigners staged a protest at one of the UK’s biggest music festivals, against plans to revive oil production on the estate where the event is held.
Oil extraction is to resume at the Avington field in the South Downs National Park after a break of more than five years.
Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.
One of the UK’s leading would-be fracking companies appears to be turning away from shale gas.