“Climate change will not affect our operations” – Rathlin Energy
The East Yorkshire based oil and gas firm, Rathlin Energy, has said climate change will not affect its future operations.
The East Yorkshire based oil and gas firm, Rathlin Energy, has said climate change will not affect its future operations.
Tax relief has pushed the shale gas company, Cuadrilla, into profit, company accounts have revealed.
Climate change driven by humans is already causing dangerous and widespread disruption, international scientists warned this morning.
International pledges to tackle climate change made in Glasgow last year will “wither on the vine” without action, Alok Sharma, the COP26 president said today.
IGas has confirmed it has relinquished the Tinker Lane shale gas licence in Nottinghamshire and written off £10m in exploration costs. But the company said it was continuing to work with regulators and government to end the moratorium on fracking in England.
Union Jack Oil reported today it had made about US$300,000 (£217,000) from test production at the Wressle well in North Lincolnshire.
The operator of the Horse Hill oil site in Surrey lost nearly £18m in the year to September 2020 –a more than 15-fold increase on the year before.
Keep up with September 2021’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
The UK’s largest producing onshore oil producer lost more than £100m last year, according to company accounts.
Rathlin Energy, the operator of two oil and gas sites in East Yorkshire, has declared an annual loss in 2020 of £1,015,920. This was slightly smaller than the previous year.