Doubts over Angus Energy future cashflows
The operator of the UK’s largest onshore gasfield is facing doubts over its ability to continue as a going concern.
The operator of the UK’s largest onshore gasfield is facing doubts over its ability to continue as a going concern.
Ambitious claims about potential production from a shale gas discovery in Lincolnshire have been described as “so misleading as to be ridiculous”.
The regulator of oil and gas licensing has begun a consultation on how it plans to assess the financial strength of companies.
Environmental Data Services reports a forecast by the International Energy Agency that the UK could produce 3 billion cubic metres (bcm) of shale gas by 2035 – or 3% of annual demand. That is said to be the equivalent to commercial production from 10 wells and far below […]