Oil and gas pay the bills at Star Energy
Revenue from oil and gas is funding Star Energy’s move to geothermal energy, company accounts have revealed.
CEO interview: “Onshore oil industry must generate cash for well decommissioning”
The UK onshore industry needs to raise money to plug and abandon hundreds of redundant oil wells as part of the energy transition, Angus Energy’s chief executive told DrillOrDrop.
Activists scale council offices over fossil fuel divestment
Climate campaigners climbed onto to the roof of a council headquarters today in their bid to end pension fund investment in fossil fuels.
West Newton to miss drilling deadlines
Rathlin Energy will fail to meet its obligations to drill a production well at West Newton in East Yorkshire because it can’t find the money, it was revealed today.
Fracking moratorium is a “betrayal” – Cuadrilla’s owner
Cuadrilla’s Australian owner has condemned the reinstatement of the moratorium on fracking in England as a betrayal of the shale gas industry.
Calls for tougher windfall tax as BP announces tripling of profits
Climate campaigners have called for higher taxes on oil and gas companies after BP announced a tripling of profits this morning.
Campaigners “bang the drum” for council divestment from oil and gas
Climate campaigners staged a noisy protest to demand a council pension fund stops investing in oil and gas companies.
CCC warns of climate risk to investment in fracking
The government’s climate advisor has warned about the risks of investing in fracking.
May 2022 headlines
Keep up to date with May 2022’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
UPDATED: COP26 host city criticised for fossil fuel investment policy
The city that will host an international climate conference later this year, will invest hundreds of millions of pounds in fossil fuels indefinitely under a new policy, environmental campaigners said today.
DRILL OR DROP? 