Rathlin gets more time to raise cash for West Newton drilling – annual accounts
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
Proposals to explore for gas near the edge of the North York Moors would not cause “significant harm” to the national park, the park’s authority agreed this morning.
The proposal by Europa to explore for gas near the North York Moors National Park “sits uncomfortably” with local climate change commitments, officials have said.
A council which declared a climate state of emergency was paid by an oil company in its latest bid for long-term production.
Reabold Resources has acquired a further 20.4% of shares in Rathlin Energy, the operator of two exploration sites in East Yorkshire.
The head of the energy industry’s trade organisation has been picked to lead the government’s independent climate advisor, it was announced today.
Rathlin Energy does not have enough money to meet its drilling and abandonment commitments in East Yorkshire, according to annual accounts published today.
The energy secretary has rejected a request from MPs to set out calculations on how recent changes to transport and home heating policies will affect UK emissions targets.
Rathlin Energy, the company which runs oil and gas sites in East Yorkshire, is seeking extra funding to pay for drilling and testing obligations.
The Scottish government has accepted it breached climate commitments and has pledged to start “urgent work” on a remedy.