Oil and gas earnings down 38% at Star Energy
The oil and gas company, Star Energy, said this week it was under increasing strain in a challenging operating environment.
Cuadrilla earned nothing in 2023 but spent $2.4m – annual accounts
The former fracking company, Cuadrilla, earned nothing for its Australian owner in the past 12 months but spent Aus$2.4m.
New pumps predicted to increase Horndean oil by 7 barrels a day
Oil production at the IGas field at Horndean in Hampshire is expected to rise this year following the introduction of new pumps, one of the partners has said.
UKOG installs test boreholes in plans for water injection at Horse Hill
Three groundwater monitoring boreholes have been installed at the Horse Hill oil site in Surrey, the owner UK Oil & Gas (UKOG) has announced.
Operators fined over flaring and production breaches
Three leading oil and gas operators have been fined a total of £265,000 over breaching UK flaring and production agreements.
IGas 2020 accounts reveal cost of Covid-19
IGas saw revenue drop by nearly half last year following production cuts and a falling oil price during the Covid-19 pandemic.
Losses mount at IGas
IGas declared a pre-tax loss of £59.1m for 2019 in its group annual results published today. This was up from £25.1m in 2018.
Loss of Bury Hill Wood pushes Union Jack 2018 deficit over £1m
The onshore oil and gas company, Union Jack Oil has announced a loss of £1.1m in its accounts for 2018, published today. This compares with a deficit of £0.75m in 2017.
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