Funding shortfall casts doubt over Rathlin Energy’s future
Rathlin Energy does not have enough money to meet its drilling and abandonment commitments in East Yorkshire, according to annual accounts published today.
Government refuses to disclose impact of policy change on carbon emissions
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 needs more money for East Yorkshire drilling
Rathlin Energy, the company which runs oil and gas sites in East Yorkshire, is seeking extra funding to pay for drilling and testing obligations.
Scottish government admits climate law breach
The Scottish government has accepted it breached climate commitments and has pledged to start “urgent work” on a remedy.
Government “asleep at the wheel” on electricity decarbonisation – new report
The government was urged today to speed up the shift to decarbonised electricity, after it was accused of being “asleep at the wheel”.
Europa cuts costs to fund Wressle oil production
Europa Oil & Gas, one of the main investors in oil production plans at Wressle, announced today it had cut salaries and cancelled non-core contracts because of the coronavirus outbreak and oil price falls.
MPs call for decarbonisation of electricity and heating
A committee of MPs has suggested the government policy of increased use of gas fired power stations will make it hard for the UK to meet carbon reduction targets by 2030.
