Star Energy oil revenues fell more than 20% in 2025, compared with the year before, according to annual accounts. The company also announced a share placing aimed at raising £8.4m.
Plans for gas production and a pipeline in a remote part of the North York Moors National Park would have significant effects on the environment, government officials have ruled.
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 […]