Takeover bid for Union Jack Oil
Reabold Resources has offered to buy Union Jack Oil, both companies confirmed this morning.
Biscathorpe decommissioning due
An oil well in the Lincolnshire Wolds is to be decommissioned in the coming weeks.
Star Energy reports below expectation production and delays at Singleton gas-to-grid
The UK’s second biggest onshore oil operator saw production volumes drop nearly 6% below predictions in 2025. In a trading update, Star Energy said net production averaged 1,886 barrels of oil equivalent per day (boe/d), compared with the 2,000 boe/d expected for the year. The company’s chief executive, […]
Rathlin gets more time to raise cash for West Newton drilling – annual accounts
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
East Sussex votes against fossil fuel divestment
East Sussex councillors voted this morning against ending pension fund investments in fossil fuels.
Election 24: Tories keep fracking moratorium
The Conservatives have committed in their election manifesto to keeping the moratorium on fracking in England.
February 2024 headlines
Keep up to date with February 2024’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: Shareholders challenge oil directors
Two directors of an oil firm have retired after “consultation with shareholders” and the entire board of a second company faces a call for its replacement.
UK council pension funds invested £16bn in fossil fuels – new estimate
UK local authority pension funds are estimated to hold £16 billion in fossil fuel investments, according to new analysis published today.
East Yorkshire backs fossil fuel divestment
Councillors in East Yorkshire voted unanimously this afternoon for a review of pension fund investments away from fossil fuels
DRILL OR DROP? 