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.
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
No new onshore oil and gas licences will be issued in England, the government announced today. The news followed a speech to the Labour conference in which the energy secretary confirmed his commitment to ban fracking.
The decision on expansion of oil production in rural Dorset was deferred this morning because councillors wanted more information on the climate impact.
The UK government is being urged to adopt tough controls in the coming weeks on methane releases from the oil and gas industry.
A block on onshore oil and gas extraction will be debated at the Lib Dem conference tomorrow (Sunday 21 September 2025).
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
Nine environmental campaign organisations have urged the government today to end planning policies that favour fossil fuels.
UK onshore daily oil production in June 2025 was the lowest for eight months. The monthly oil volume dropped 7% compared with the month before. The fall was more than twice what would have been expected from the shorter month in June, compared with May 2025.
The North Yorkshire village of Foxholes has opposed plans by Egdon Resources to explore for gas.
Gas exploration plans in the North Yorkshire village of Foxholes were published today.