Renewables company takes over fracking firm to rescue stranded assets
The would-be fracking firm, Third Energy, has been acquired by a renewables company, which plans to use old gas wells to generate geothermal energy.
Rathlin reports £1m+ loss in 2020
Rathlin Energy, the operator of two oil and gas sites in East Yorkshire, has declared an annual loss in 2020 of £1,015,920. This was slightly smaller than the previous year.
Third Energy to begin decommissioning of North Yorks gas site
Third Energy has announced it is to use new techniques to plug and abandon its Malton A gas site in Ryedale, North Yorkshire.
October 2020 headlines
You can keep up with October’s news here with our digest of headlines about UK fracking, shale and onshore oil and gas, updated daily.
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.
OGA has no powers over clean-up of onshore oil and gas sites – court told
The regulator of the oil and gas industry has no power to secure decommissioning of onshore sites, the High Court heard today.
OGA backed Third Energy takeover despite concerns over decommissioning, court told
There was a real risk that Third Energy might not be able to decommission its gas wells in North Yorkshire under new owners, the High Court was told today.
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.
OGA approves transfer of Saltfleetby to Angus
Angus Energy has outlined plans for the Saltfleetby gas site in Lincolnshire after approval of its acquisition of a 51% stake.
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.
DRILL OR DROP? 