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.
The oil company at the centre of a landmark legal ruling on climate emissions has again delayed the publication of its annual report and accounts.
UK Oil & Gas plc (UKOG) announced this morning that it had sold one of its subsidiary companies.
UK Oil & Gas has delayed publication of its interim accounts.
The Horse Hill well pad in Surrey still has no final date for site clearance, a year after the Supreme Court quashed its planning permission, officials have confirmed.
The campaigner who secured a landmark judgement at the Supreme Court on carbon emissions from onshore oil and gas has won a prestigious award.
The campaigner who won a landmark legal victory at the Supreme Court over the climate impact of burning oil and gas has warned that the judgement is “vulnerable”.
Alba Mineral Resources has cut by 94% the value of its stake in Horse Hill – the Surrey oil site at the centre of last year’s landmark Supreme Court judgement.
Council officials have taken action against the operator and owner of a West Sussex dormant oil site over clean-up delays.
The volume of UK onshore gas fell nearly 4.5% in January 2025, compared with the month before. This was the lowest monthly volume since September 2024 and mainly because a fall in production at Saltfleetby.