Delayed UKOG accounts reveal £35m cut in value of oil assets
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
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The Environment Agency has withdrawn is objection to controversial plans to explore for gas, including lower volume fracking, in the North Yorkshire village of Burniston.
Residents in the North Yorkshire village of Burniston have a chance to give their views later this month on plans to explore for gas on the edge of the national park and heritage coast.
Work to decommission mothballed shale gas wells at the Preston New Road fracking site in Lancashire is now expected to take until the end of March 2025, Cuadrilla has revealed.
The UK’s second largest onshore oil producer is seeking permission to refine gas and carry out small-scale fracking.
Europa Oil & Gas has promised to carry out a detailed study of the environmental impact of its plans to drill on the North Yorkshire Heritage Coast, despite a ministerial ruling that the assessment is not needed.
Proposals to drill for gas and carry out a small-scale frack near the North York Moors National Park would have “significant impacts on the environment”, planners have said.
UK Oil & Gas (UKOG) has appointed a company to help farmout up to half its interest in the Loxley gas project in Surrey.
Egdon Resources has announced it is withdrawing from an appeal on its oil site at North Kelsey in Lincolnshire just days before the hearing.
A public consultation opened today on the environmental impact of plans to revive oil exploration on the Isle of Wight.