Angus Energy chief resigns
The chief executive of the oil and gas company, Angus Energy, has a resigned, a statement said this morning.
The chief executive of the oil and gas company, Angus Energy, has a resigned, a statement said this morning.
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
Waste fluid from oil wells across southern England can be tankered to a village in the Surrey green belt, where it will be pumped underground, councillors decided this morning.
Planners are supporting proposals to tanker wastewater from oil wells in southern England to inject into site in a Surrey village to boost production.
The UK’s biggest onshore gas producer has reported an annual loss of more than £4m, down more than 100% on the profit in the year before.
People are being asked to comment on plans by Angus Energy to transport highly saline water extracted from other oil and gas sites to prolong production at a well in Surrey.
The UK onshore industry needs to raise money to plug and abandon hundreds of redundant oil wells as part of the energy transition, Angus Energy’s chief executive told DrillOrDrop.
Almost a fifth of UK onshore production fields have extracted no oil or gas in the past five years, according to analysis by DrillOrDrop.
Gas production at Saltfleetby in Lincolnshire helped to generate revenue of nearly £16.5m for Angus Energy in the six months to March 2023. This compared to £27,000 for the same period in 2022.
The former Green Party MEP and environmental campaigner, Keith Taylor, has died, aged 69.