The former head of BP and the fracking firm Cuadrilla has warned that oil prices will remain low for “some considerable time”.
The future of Europa Oil & Gas Limited depends on production this year from the Wressle well in north Lincolnshire, the company’s accounts have revealed.
UK Oil & Gas plc has acquired the interests of two companies in the Holmwood exploration licence, south of Dorking in Surrey.
Europa Oil & Gas announced this morning it was transferring operation of the oil exploration licence around Leith Hill, near Dorking in Surrey.
This post has live updates from the meeting of North Lincolnshire Council discussing Egdon Resources’ proposal for long-term oil production at the Wressle site near Scunthorpe.
Europa Oil & Gas, the company blocked last week from drilling near the Leith Hill beauty spot, began clearing the site today.
DrillOrDrop investigates the costs of a long-running planning battle over Surrey oil drilling plans which ended suddenly last week.