Losses rise at Egdon – preliminary results
Egdon Resources reported a £4.75m loss today, along with falling production and revenues.
Egdon Resources reported a £4.75m loss today, along with falling production and revenues.
The number of onshore oil and gas wells drilled in the UK in 2020 fell to a 70-year low.
2020 was a frack free year in the UK because the shale gas industry failed to persuade ministers to lift blocks on the process.
More than a third of people oppose fracking for shale gas while just under a quarter support it, according to the latest data from a government survey released this morning.
The growth of low carbon electricity generation resulted in a drop in Scottish greenhouse gas emissions by almost a third in the decade to 2018, a new report revealed today.
IGas blamed the Covid-19 outbreak and a low oil price for falls in production and revenue, along with a rise in debt, in the first half of the year.
Climate change activists walked in front of a tanker this morning due to collect from UKOG’s Horse Hill oil production site in Surrey.
The UK has “once-in-a lifetime opportunity” to move to a low-carbon future and stimulate the economy after the Covid-19 outbreak, the government’s climate adviser said today.
You can keep up with the news here with our digest of headlines about UK fracking, shale and onshore oil and gas, updated daily.
Reports from the Horse Hill oil site in Surrey this morning say protesters breached security and got into the compound at dawn, preventing the start of work.