The company behind plans for lower-volume fracking in Burniston, North Yorkshire, warned today it could go out of business if shareholders did not approve a £3.5m fundraising later this month.
Two of the companies behind controversial proposals to drill for gas near the North York Moors National Park are looking to raise more than £6.5m for the scheme.
Investors in UK Oil & Gas plc have approved two resolutions aimed at raising money for the company’s hydrogen storage and production plans.
Two mothballed gas sites in East Yorkshire could be used for cryptocurrency mining, company announcements revealed today.
Cuadrilla’s Australian owner has refinanced its debt, it announced this morning.
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centre of a landmark Supreme Court judgement has announced trading would be suspended because its annual accounts would not be published on time.
UKOG shares dropped more than a third today on news that the company had abandoned testing the Pinarova-1 well in Turkey. The company said it was “disappointed” that the well had not met its expectations.
A major backer of the West Newton oil and gas project in East Yorkshire has fought off another challenge by a group of shareholders.
The company which operates the mothballed oil site at Balcombe in West Sussex has been accused of misrepresenting history in a comment on fracking.
The gasfield near the Surrey village of Dunsfold could generate up to £124m for the operator, UK Oil & Gas plc, according to a report released today.
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