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.
Shale drilling and fracturing techniques could drive the development of geothermal power, the world’s leading energy organisation said today.
The would-be fracking company, IGas, has announced an agreement with CeraPhi Energy to develop geothermal energy projects using existing oil and gas wells.