Oil and gas earnings down 38% at Star Energy
The oil and gas company, Star Energy, said this week it was under increasing strain in a challenging operating environment.
Rathlin gets more time to raise cash for West Newton drilling – annual accounts
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
National Park unanimously backs oil site’s cable scheme
The South Downs National Park has approved plans to route a high voltage cable from the Singleton oil site through ancient woodland to a connection with the national grid.
Barton Moss and Doe Green wells abandoned – Star Energy accounts
Wells at two key sites in the UK’s failed shale gas revolution have been abandoned.
£4m+ loss at Angus Energy – annual accounts
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.
“Uncertainty” over Cuadrilla’s finances
There is “material uncertainty” over the finances of companies in the Cuadrilla oil and gas group, annual accounts have revealed.
Funding shortfall casts doubt over Rathlin Energy’s future
Rathlin Energy does not have enough money to meet its drilling and abandonment commitments in East Yorkshire, according to annual accounts published today.
Star Energy’s revenue hit by oil and gas price falls
Lower commodity prices hit Star Energy last year, the company revealed today in annual accounts.
Cuadrilla earned nothing in 2023 but spent $2.4m – annual accounts
The former fracking company, Cuadrilla, earned nothing for its Australian owner in the past 12 months but spent Aus$2.4m.
UKOG declares interim loss of £1.3m
UK Oil & Gas plc reported an operating loss of £1.32m for the six months to the end of March 2023, slightly larger than the year before.
DRILL OR DROP? 