Autumn statement sets out tax plans for oil and gas
The chancellor, Jeremy Hunt, confirmed today the end date for the windfall tax on oil and gas profits, more formally known as the energy profits levy (EPL).
Small-scale fracks planned for new Wressle wells
Two new wells planned for the UK’s newest onshore oil production site are likely to be stimulated by proppant squeeze, a small-scale hydraulic fracture.
Reaction to oil and gas plans in King’s Speech
The government’s much trailed plan to require annual oil and gas licensing rounds for the North Sea was included in the King’s Speech today.
November 2023 headlines
Keep up to date with November 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.
UK onshore oil and gas production in charts – August 2023
Onshore oil and gas production fell in August 2023, with a drop in extraction at the leading sites at Wytch Farm, Wressle and Saltfleetby.
What’s happened to onshore production since 2018?
Almost a fifth of UK onshore production fields have extracted no oil or gas in the past five years, according to analysis by DrillOrDrop.
Government refuses to disclose impact of policy change on carbon emissions
The energy secretary has rejected a request from MPs to set out calculations on how recent changes to transport and home heating policies will affect UK emissions targets.
UK council pension funds invested £16bn in fossil fuels – new estimate
UK local authority pension funds are estimated to hold £16 billion in fossil fuel investments, according to new analysis published today.
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.
UK onshore oil and gas production in charts – July 2023
New monthly high for gas production at Saltfleetby, pushing up UK onshore volumes in July 2023 to the highest level for four years. Oil production was down at Wressle, the UK’s newest onshore field.
DRILL OR DROP? 