Losses rise at Egdon – preliminary results
Egdon Resources reported a £4.75m loss today, along with falling production and revenues.
Ineos to get £millions in compensation for carbon costs
Two Ineos companies are among the UK’s most energy-intensive industries to receive millions of pounds in compensation for the costs of carbon emission schemes.
Ineos cuts £63+m from value of UK shale assets because of fracking moratorium
Ineos’s shale gas business has cut the value of its exploration assets to zero following the government moratorium on fracking in England.
Third Energy seeks geothermal heat from old Ryedale gas wells
A company that tried to frack in North Yorkshire three years ago says it wants to re-use old gas sites for renewable energy.
Surrey grandmother’s 100 mile walk to challenge oil drilling
A 71-year-old grandmother is walking more than hundred miles in a week to raise money for a legal challenge to oil drilling in Surrey.
Funding in fracking firm Cuadrilla to be slashed – forecast
A major cut in investment in the shale gas company, Cuadrilla, is likely in the coming months, its owner has predicted.
Campaigner goes to court over oil and gas clean-up costs
An anti-fracking campaigner from North Yorkshire who is challenging the regulator of the oil and gas industry finally takes his case to the High Court tomorrow.
Centrica pulls out of Cuadrilla’s Lancashire shale gas licence
Centrica is giving up its stake in Cuadrilla’s shale gas licence in the Fylde near Blackpool.
Stimulation considered as solution to continuing water problem at Horse Hill well
UK Oil & Gas has said it could stimulate or sidetrack its second oil well at Horse Hill in Surrey to achieve long-term production.
Redundancies at IGas in £1m cost cutting
IGas has announced redundancies, including the chief finance officer, in a £1m cost-cutting programme.
