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.
Union Jack becomes biggest player in Wressle oil field
Union Jack Oil plc is to pay £500,000 to become the largest single investor in the Wressle oil field in North Lincolnshire.
Union Jack increases stake in Keddington oilfield
Union Jack Oil said this morning it had acquired an extra 35% stake in the Keddington oilfield in Lincolnshire.
UKOG issues 1/3 billion new shares
UK Oil & Gas, the company behind the Horse Hill oil site in Surrey, has issued a total of 348 million shares in the past week.
Weekend Long Read: Lawyers seek answers on Third Energy sale
Anti-fracking campaigner Helen Chuntso reports on an investigation into the sale of Third Energy’s onshore gas business. She examines the importance of the deal for funding decommissioning – an issue now attracting cross-party political attention.
Angus seals deal for Saltfleetby gasfield
Angus Energy announced this morning it had completed a farm-in agreement for the Saltfleetby gasfield in East Lincolnshire.
Angus proposes using abandonment cash to restart gas field production
Investors and anti-drilling campaigners have criticised proposals by Angus Energy to use money intended for decommissioning to connect a shut-in gas field to the grid.
IGas announces $35m investment and restructuring plan
The private equity company, Kerogen Capital, is proposing to invest US$35m in IGas, it was announced this morning. The deal depends on a restructuring of IGas’s bonds and may require approval from the Takeover Panel.
