August 2023 headlines
Keep up to date with August 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Cuadrilla pulls back from another licence
Cuadrilla Resources is to give up operation of one of its Yorkshire licences, under an agreement announced today.
Cuadrilla gives up three Yorkshire shale gas licences
Cuadrilla has relinquished three shale gas licences in Yorkshire, its Australian owner confirmed this morning.
Labour to phase out onshore oil and gas as well as North Sea
Labour’s policy to end oil and gas exploration in the North Sea will also apply onshore, the party has said.
Updated: UKOG announces farmout for Horse Hill oil site
UK Oil & Gas has announced plans to farmout work at its oil production site at Horse Hill in Surrey.
Second recent probe into alleged failures to meet licence obligations
The oil and gas industry regulator has began another investigation into the suspected failure of a company to comply with licence obligations.
Egdon looks at North Yorkshire gas prospect
The operator of the UK’s newest producing onshore oil site, is considering a gas prospect in North Yorkshire.
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.
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