The UK onshore industry needs to raise money to plug and abandon hundreds of redundant oil wells as part of the energy transition, Angus Energy’s chief executive told DrillOrDrop.
The UK confirmed new licences this morning allowing oil and gas companies to explore in parts of the North Sea previously allocated for offshore wind power.
UK onshore gas volumes in November fell dramatically with production suspensions at Saltfleetby.
Keep up to date with November 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Cuadrilla’s Australian owner is to cut the value of UK shale gas exploration assets, following the reinstatement of the moratorium on fracking in England last year.
The UN secretary-general has called on all industrialised countries to tax the windfall profits of fossil fuel companies.
Liz Truss announced today a consultation on how local consent for fracking would be measured.
Liz Truss did not mention fracking in her speech to the Conservative conference in Birmingham. But leading campaigners from Greenpeace heckled over the party’s U-turn on the moratorium on fracking.
The business secretary has rejected local referendums as a measure of public consent for fracking.
Follow onshore oil production trends with our review of the latest official monthly data
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