Ineos cuts £63+m from value of UK shale assets because of fracking moratorium
Ineos’s shale gas business has cut the value of its exploration assets to zero following the government moratorium on fracking in England.
Doriemus to pull out of Brockham oil licence
Doriemus is to sell its interest in the Brockham oil licence in Surrey to the operator, Angus Energy.
Update: UKOG gives up Surrey Hills oil exploration licence
UK Oil & Gas plc announced this morning it has relinquished an oil exploration licence near Dorking in Surrey, which included a controversial site near the Leith Hill beauty spot.
Judge dismisses challenge on decommissioning costs of Third Energy wells
An anti-fracking campaigner who argued that the cost of decommissioning Third Energy’s gas wells in North Yorkshire could fall on the taxpayer has lost his legal case. Eddie Thornton told the high court in July that the industry regulator, the Oil & Gas Authority (OGA,) had failed to […]
“Woefully inadequate” regulation of UK onshore oil and gas risks environmental damage – new study
Regulation of the UK onshore shale industry is “lax, fragmented and frequently incompetent”, a new study has concluded.
UKOG buys into “irresistible” Turkish licence
The company behind oil drilling at Horse Hill in Surrey said this morning it had taken a licence stake in south east Turkey in the hope of “rapid monetisation” of reserves.
OGA has no powers over clean-up of onshore oil and gas sites – court told
The regulator of the oil and gas industry has no power to secure decommissioning of onshore sites, the High Court heard today.
Planners back five more years at Cuadrilla’s suspended gas site
Cuadrilla should be allowed to keep its long-standing Elswick gas production site, Lancashire planners said today, even though there’s been no extraction for more than seven years.
July 2020 headlines
You can keep up with the news here with our digest of headlines about UK fracking, shale and onshore oil and gas, updated daily.
Union Jack Oil adds to stake in Lincolnshire oil exploration
Union Jack Oil announced this morning it had increased its interest in the Biscathorpe oil site in Lincolnshire.
