UKOG issues 637m new shares to fund cuts in the cost of oil production
The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
£10m loss for Ineos shale gas company in 2017
The UK’s biggest shale gas licence-holder declared a loss of more than £10m for 2017.
Fracking firm Third Energy records loss of £3.4m in delayed 2016 accounts
The company behind plans to frack at Kirby Misperton in North Yorkshire released its long-awaited 2016 accounts this morning, declaring a loss of £3.405m.
Third Energy appoints new directors –opponents say the company is “unfolding new deckchairs on the Titanic”
The fracking company, Third Energy Onshore Ltd, announced today it had appointed Keith Cochrane as its non-executive chairman.
