UK pulls $1.15bn support for Mozambique gas project
The UK government has withdrawn $1.15bn (£870m) support for a controversial gas project in Mozambique.
Europa and Egdon seek £6.5m+ funding for Burniston gas plans
Two of the companies behind controversial proposals to drill for gas near the North York Moors National Park are looking to raise more than £6.5m for the scheme.
Delayed UKOG accounts reveal £35m cut in value of oil assets
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
Cuadrilla paid £12.5m in dispute settlement
The fracking firm, Cuadrilla Resources Limited, has received a cash sum of £12.5m after resolving a commercial dispute.
West Newton well stimulation scheduled
A well at West Newton in East Yorkshire could be fractured in the next four to nine months, according to a partner in the project.
Village reaches funding target for Appeal Court challenge to Balcombe oil test
Residents in the West Sussex village of Balcombe have raised enough money to go to the Court of Appeal in their campaign against oil exploration in the village.
Funding shortfall casts doubt over Rathlin Energy’s future
Rathlin Energy does not have enough money to meet its drilling and abandonment commitments in East Yorkshire, according to annual accounts published today.
Updated: New drilling plans at West Newton
Partners in a scheme to produce oil and gas in East Yorkshire have announced what appear to be big changes to their plans.
October 2023 headlines
Keep up to date with October 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Rathlin Energy needs more money for East Yorkshire drilling
Rathlin Energy, the company which runs oil and gas sites in East Yorkshire, is seeking extra funding to pay for drilling and testing obligations.
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