company – Page 3 – DRILL OR DROP?

Review of 2023: a year of legal challenges

A landmark legal challenge to UK onshore oil and gas production was heard by the country’s highest court in 2023.

The UK’s newest onshore oil production site has confirmed it is planning two new wells.

Rathlin Energy, the company which runs oil and gas sites in East Yorkshire, is seeking extra funding to pay for drilling and testing obligations.

Two plots of land, acquired by Star Energy companies for gas drilling near Chester, are being sold.

The executive chair of Angus Energy, George Lucan, is to step down next month.

Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.

The Gatwick Gusher oil well, once said to be of national significance, has been downgraded in value for the third time by its owner.

Onshore oil production in the UK in 2022 slumped to the lowest level since 1989.

Plans by Cuadrilla for a two-year delay in restoring its controversial fracking site near Blackpool were published today.

The gas network could accept potential supplies from UKOG’s proposed site in Surrey, the company said today.