Court date set for legal challenge over oil and gas clean-up costs
A legal challenge against the oil and gas industry regulator will be heard at the High Court next month (July 2020).
Council pays £403,000 costs over Wressle planning dispute
North Lincolnshire Council has paid costs of £403,000 after losing an appeal on plans for oil production at Wressle, the site operator has confirmed.
Review underway of fracking company’s costs
The Australian owner of Cuadrilla says it is carrying out a review of the company’s costs following the fracking moratorium.
UKOG delays capital spending because of coronavirus
UK Oil & Gas plc said today it had delayed its capital expenditure programme because of the covid-19 outbreak.
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.
Wressle production will “break even at $17.62/barrel” – operator
Production from the Wressle oil site near Scunthorpe will break even at $17.62 a barrel, the operator, Egdon Resources, has said. In an update, the company’s managing director, Mark Abbott, said: “Our modelling shows that the Wressle development is economically robust at and below the current oil price […]
Judgement postponed in challenge to Cuadrilla’s fracking injunction
The ruling has been delayed in an appeal by the first campaigners found guilty of breaching an injunction against anti-fracking protests.
Angus takes out £1.5m loan to pay for clean-up costs
Angus Energy has raised a £1.5m loan facility to pay for the costs of decommissioning oil and gas wells.
Judge dismisses campaigners’ bid to quash Cuadrilla injunction
Three anti-fracking campaigners have failed in their legal challenge to quash Cuadrilla’s injunction against protests at the Preston New Road shale gas site near Blackpool. They said they would seek permission to appeal.
Court rules against new government consultation on fracking policy
A High Court judge ruled this morning that the government does not have to carry out a new public consultation on its planning policy on fracking.
