Boxer backs board change at West Newton drilling company
A former champion boxer has backed a group seeking to take control of the company that owns more than half of Rathlin Energy’s onshore oil and gas operations.
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.
Losses widen at Ineos shale company
Ineos Upstream, the company holding the largest number of shale gas licences in England, declared a loss of £3.679m in 2021. This was up more than 60% on the loss of £2.279m the year before.
Fracking won’t happen in top Tory constituencies – but could it crack the red wall?
The constituencies of senior members of the cabinet will be untouched by fracking. But key red wall seats taken by the Conservatives from Labour in 2019, often with small majorities, are in shale gas areas.
Union Jack lends £1m to Europa Oil & Gas
One of the investors in the Wressle oil field in North Lincolnshire is lending £1m to another.
“Climate change will not affect our operations” – Rathlin Energy
The East Yorkshire based oil and gas firm, Rathlin Energy, has said climate change will not affect its future operations.
UKOG threatens libel action against councillor
The company behind plans to explore for gas near a Surrey village has threatened to sue a senior local councillor for libel.
UKOG gives up Isle of Wight licence
UK Oil & Gas has revealed that it has given up its licence to explore for hydrocarbons on the Isle of Wight.
Updated: Increased prices and production turn loss to profit for Egdon Resources
The operator of the Wressle oil field in North Lincolnshire reported a 500% increase in oil and gas revenues in its latest interim accounts today.
Cambo licence extension – a “doomed oilfield on life support”, say campaigners
Environmental campaigners have criticised the decision to allow more time to develop the controversial Cambo oil field, west of Shetland.
DRILL OR DROP? 