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.
Who pays for clean-ups and decommissioning if an onshore operator goes bust? It’s a question that is concerning MPs and landowners. In this guest post, researcher and anti-fracking campaigner, Ben Dean, looks at the rules for decommissioning and argues for tougher controls.
As 2018 concludes, DrillOrDrop has compiled some of the key statistics from the past 12 months for the UK onshore oil and gas industry.