UKOG announces accounts delay and trading suspension
The onshore oil company at the centre of a landmark Supreme Court judgement has announced trading would be suspended because its annual accounts would not be published on time.
The onshore oil company at the centre of a landmark Supreme Court judgement has announced trading would be suspended because its annual accounts would not be published on time.
There is still no date for final clearance of the oil site at the centre of a Supreme Court landmark judgement issued nine months ago.
2024 UK onshore oil production fell for the 11th consecutive year to the lowest level for 37 years, according to official data published this week.
The volume of UK onshore oil produced in December 2024 was up 5% , compared with the month before, almost topping the record for the year.
The operator of unlawful oil production at Horse Hill in Surrey has not given a date when equipment will be removed from the site. The company has also not acknowledged a formal request for more information on its operation.
The oil site at the centre of a landmark Supreme Court judgement on climate emissions continued “unlawful” operations, despite announcing work had been suspended.
UK production of onshore oil was up in November 2024 but onshore gas was down, according to official figures just released.
Catch up with recent UK onshore oil and gas applications and decisions with DrillOrDrop’s update.
More than 150 small earthquakes in Surrey in 2018 and 2019 might have been triggered by oil operations, according to a new study, published today.
The campaigner behind last year’s Supreme Court judgement on climate emissions has called for strict new rules that would prevent most future oil and gas extraction.