Government warned to kick fossil fuel habit to avoid worst climate impacts
The UK needs to kick its dependence on fossil fuels by dropping plans for new oil and gas licences and the new coal mine in Cumbria, Friends of the Earth said this morning.
The UK needs to kick its dependence on fossil fuels by dropping plans for new oil and gas licences and the new coal mine in Cumbria, Friends of the Earth said this morning.
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.
One of the winning companies in the most recent auction of onshore oil and gas licences is going out of business.
The UK government is seeking views on new climate criteria that oil and gas projects must meet to be approved.
The Weald-based UK Oil & Gas (UKOG) plc confirmed today its bid for three new licences in Turkey had been unsuccessful.
Politicians have asked ministers about new fracking licences, the role of shale gas in UK energy and potential conflicts of interest for climate advisors.
A UK onshore oil and gas company could be bought up by the investment company Metal NRG by the end of the summer.
The moratorium on fracking, along with planning delays and weak commodity prices are a challenge for the future, Egdon Resources has concluded
The Welsh government restated its commitment today to moving away from fossil fuel extraction and consumption.
The regulator of oil and gas licensing has begun a consultation on how it plans to assess the financial strength of companies.