IGas to revisit spending plans as oil price rises
The exploration and production company, IGas, said today it was reviewing its capital spending plans with the increase in the oil price.
The exploration and production company, IGas, said today it was reviewing its capital spending plans with the increase in the oil price.
You can keep up with the news here with our digest of headlines about UK fracking, shale and onshore oil and gas, updated daily.
IGas declared a pre-tax loss of £59.1m for 2019 in its group annual results published today. This was up from £25.1m in 2018.
IGas has announced redundancies, including the chief finance officer, in a £1m cost-cutting programme.
In this guest post, researcher and anti-fracking campaigner Ben Dean argues there should be a change to the law which currently could allow the Chinese to influence shale gas exploration in England.
The UK energy minister said this evening that fracking was over and the government had “moved on”.
Operators of a third of the UK’s newest onshore shale gas licences have been given more time for exploration.
A government department has refused to release reports by planning inspectors on two public inquiries into shale gas schemes in England.
You can keep up with the news here with our digest of headlines about UK fracking, shale and onshore oil and gas, updated daily.
Two UK onshore companies announced today they were temporarily shutting-in some sites to cut production following falling oil and gas prices